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Folio, a startup streamlining financial operations for hotels, has raised $14 million in Series A funding to expand its AI-powered platform across the hospitality sector.
DURHAM, N.C.- Folio, the financial operations platform built for hospitality, announced a $14 million Series A today, led by Thrive Capital and Construct Capital, with participation from Redseed VC and SciFi VC. The capital will help Folio continue to power profitability at hotels and deliver even faster implementations. Folio’s modern procure-to-pay platform delivers increased profitability […]