Providence Strategic Growth invested $50m Series B funding round in SevenRooms.

Providence Strategic Growth, a frim that targets investments in lower middle market technology-enabled service companies primarily in North America, invested $50m Series B funding round in SevenRooms, a fully-integrated, data-driven guest experience platform for the hospitality industry. "PSG has deep experience partnering with management teams to scale vertical SaaS-based platforms to create global category leaders. With our latest fundraise, we have positioned SevenRooms with the right resources and partner to empower operators worldwide to do more with less, increasing loyalty, revenue and profitability while helping operators make their guests feel at home. We're excited to continue innovating as the only 360-degree guest experience platform available on the market today that addresses every aspect of the guest journey, powered by a purpose-built CRM, robust operational tools and an automated marketing engine," Joel Montaniel, SevenRooms CEO and Co-Founder.