Hospitality AI Company ONDA Secures 7.5 Billion Won Series B Bridge Investment
Additional Investments from Existing Investors Including Gowid and Square Ventures
ONDA, a hospitality artificial intelligence (AI) company, announced on October 28 that it has secured a Series B bridge investment worth 7.5 billion won. Existing investors, including Gowid and Square Ventures, participated in this follow-on investment, further demonstrating their confidence in ONDA's continued growth potential. Vision Equity Partners joined as a new investor.
ONDA plans to focus the newly raised funds on advancing its AI-based products, aiming to further solidify its market dominance. ONDA’s flagship services include the online integrated sales platform "ONDA HUB," the "Pension Plus" property management system (PMS) for small and medium-sized accommodation providers such as pensions, and the next-generation channel manager (CMS) "Hotel Plus" for general hotels.
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Oh Hyunseok, CEO of ONDA, stated, "With this investment as a stepping stone, we will focus on introducing innovative AI products that allow accommodation providers to experience real operational efficiency, accelerating the realization of 'a better tomorrow for the hospitality industry.'"
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