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Jurny Launches New Crowdfunding Round to Fuel its Next Generation AI

Jurny Launches New Crowdfunding Round to Fuel its Next Generation AI

March 6, 2024 Craig Etkin

Hospitality Tech Innovator Opens Doors for Investment Amidst Growing Interest in AI Startups

March 06, 2024 08:07 AM Eastern Standard Time

LOS ANGELES–(BUSINESS WIRE)–Jurny, the leading AI-powered property management solution for automating hotel and short-term rental operations, announced today the launch of a new crowdfunding campaign on StartEngine. This move opens the doors to private individuals and customers to invest alongside top-tier venture capitalists in the booming AI sector and offers an early-stage entry point into Jurny’s rapidly growing venture.

“In a market hungry for AI companies, private investment avenues are limited. By reintroducing public investment opportunities, we not only accelerate Jurny’s growth but also offer more individuals the chance to participate in the AI revolution that is reshaping industries worldwide.”

Following a successful fundraising round last year, where Jurny secured $3 million from nearly 1,000 individual investors, the company is launching its next round as the investment market shows heightened interest in AI startups, but private investment opportunities are limited.

“The decision to embark on another crowdfunding round was driven by the enthusiastic response from our community and our commitment to broadening participation,” said Luca Zambello, Founder and CEO of Jurny. “In a market hungry for AI companies, private investment avenues are limited. By reintroducing public investment opportunities, we not only accelerate Jurny’s growth but also offer more individuals the chance to participate in the AI revolution that is reshaping industries worldwide.”

Jurny is making significant strides in integrating AI into the operational fabric of the hospitality industry, helping short-term rental hosts and hotel property managers automate functions such as reservations, customer service, reputation management, in addition to a variety of other operational automations. In 2023, Jurny grew its customer base fivefold and processed over $35 million in bookings.

For further details on Jurny and its investment opportunities, explore www.invest.jurny.com.

About Jurny, Inc.:

Jurny is the world’s leading vertically integrated, AI-powered property management solution transforming hotels and short-term rental hosts’ operations. Founded in 2019 and backed by renowned VC firms Mucker Capital, Okapi Venture Capital, VITALIZE Venture Capital, Singularity Capital and SaaS Venture Capital, Jurny is streamlining processes, reducing operational costs, and delivering unparalleled customer satisfaction for the $4.7 trillion global hospitality industry. For more information, please visit www.jurny.com.

Contacts

Katie Gerber
(408) 799-5864
Katie@jurny.com

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Jurny, Los Angeles, Venture Capital

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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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