Stay22, a Montreal startup that improves the event-goer experience, has attracted $750,000 in seed funding from 7 Gates Ventures, Real Ventures and Travelport.
The company offers embeddable accommodation map solution for organizations and platforms in the events and entertainment industry to help attendees or travellers to find their perfect place at their preferred price. Stay22 says it empowers event organizers to simplify and improve the event planning process. Their system also adds value to event management, ticketing and event discovery platforms, all to provide customers with a better booking and travel experience.
The startup was founded by Hamed Al-Khabaz and Andrew Lockhead. Al-Khabaz was once the centre of a national news story back when he was a CEGEP student. His college at the time, Dawson College, accused him of “cyber-attacks” when he tried to show them the vulnerability of their student management software’s “sloppy coding.” They expelled the then-18-year-old, who promptly received job offers from tech giants around the world. Eventually he founded his first startup before Stay22.
Stay22, a tool for event organizers, has attracted the eye of investors now ready to inject capital. Once an organizer tells Stay22 about their event, Stay22 generates an iframe code to embed into their website. From there, attendees can easily search for a place to sleep – at the right price. That includes over 6.5 million listings in 200 countries from Airbnb, Expedia, and Booking.com.