We recently closed a new investment in an amazing and fast-growing startup called Lybra Tech, a company that developed a revenue management system to provide hoteliers with actionable data in real time. The startup drives revenues, marketing, and electronic distribution strategies and optimization with an innovative logic and in a user-friendly way, with the aim to simplify daily work for anyone in the hotel. Pi Campus took part in a seed stage round together with LVenture Group and some business angels from Angel Partner Group (now part of Italian Angels for Growth).
Lybra Tech was founded by Fulvio Giannetti, Lorenzo Magnarelli, Riccardo Pirozzi, Stefano Sciamanna, Valerio Manzo and Marco D’Amore. The technology developed by the startup’s team, who recently completed an acceleration program at Luiss Enlabs, is based on cubic analysis and machine learning.
“We are already operating in 16 countries and the team is ready to launch in Asia and South America – says Giannetti, CEO of Lybra Tech – We have more than 200 clients in the hotel sector, and by the end of the year we want to expand our business to the apartment renting field, an emerging market for the revenue marketing system”.
Pi Campus founder and CEO Marco Trombetti says: “Tourism is one of the markets that Europe understands well and which we can become an international player in, with a huge impact. Lybra Tech has all the requirements to become this player”.