myDigitalOffice Raises $4M in Series A Funding

myDigitalOffice, a Bethesda, MD-based hotel information management platform for sourcing, processing and storing hotel data in the cloud, secured $4m in Series A funding.

The round was led by Fintop Capital, joined by Capital Now and others. In conjunction with the funding, Joe Maxwell, Managing Partner of FINTOP, joined myDigitalOffice’s board.

The company intends to use the funds to further develop its cloud-based data visualization and digital document management products.

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Sponsor

myCareBase is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.

To compliment this platform the company also offers an innovative care management app that centralizes communication and task management among family members and the caregiver, along with a Care Concierge service to help family members with administrative, navigational or organizational tasks.

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Founded in 2016 by Ali Moloo, myDigitalOffice provides an end-to-end information management platform for sourcing, processing and storing hospitality data in the cloud. The company’s SaaS solutions including cloud-based dashboards, document management software and integrated data feeds allow hotel owners, operators, franchisees and hospitality REITs to manage property and portfolio performance to reach greater levels of productivity, ensure regulatory compliance, and reduce environmental impact while optimizing profitability.

myDigitalOffice currently provides solutions to more than 2,000 hotels across the United States and Canada.

Source. FinSMEs, September 24, 2019

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