Series A first close · Travel tech
Wayfarer completes Series A first close for Materia Connect commercialisation
Canon Marketing Japan MIRAI Fund led the undisclosed financing for hotel expansion, software development and hiring.
Wayfarer completed the first close of its Series A led by Canon Marketing Japan MIRAI Fund, managed by Global Brain. The amount was not disclosed.
The company plans to expand hotel operations, develop and commercialise Materia Connect and hire staff. It already uses the platform across 13 of its own hotels.
Materia Connect links existing property-management systems and hotel tools through APIs. Commercialisation extends software developed in the company's own operations to other hotel operators.
Use of funds
Expand hotel operations
Develop and commercialize the Materia Connect AI platform
Hire additional staff
Funding history
Series A first close · This roundUndisclosed