PSG led a €20m funding round in Apaleo.

PSG, a growth equity firm, led a €20m funding round in Apaleo, an API-first open property management platform, with participation from Redalpine, FOMCAP IV, and Rockaway Ventures. “Apaleo’s commitment to an API-first approach truly differentiates it in the competitive landscape. As the hospitality industry advances technologically, Apaleo’s agile, top-tier platform is ideally suited to meet the changing needs of accommodation providers around the world. PSG is excited to support Apaleo’s international expansion and apply our expertise to help the team scale effectively in key global markets,” Edward Hughes, PSG Equity Managing Director.