Workgrounds, a New York based startup that automates the process of booking and managing hotel room blocks for companies, raised $2.6m in pre-seed funding.
Backers included Oceans Ventures, Hannah Grey, Volo Ventures, and deftly.vc.
The company intends to use the funds to expand operations and its development efforts.
Co-founded by Nikhil Sethi and Garrett Ullom, Workgrounds is building an end-to-end stack to automate the many manual processes that enable corporate group travel. The first version of its platform allows organizations to input their team’s locations or connect via their HRIS systems and automatically request proposals using AI from all hotel suppliers in a target market to get the best proposals possible.
The platform allows teams to cast a wide net and automatically parse those proposals to give planners immediate high quality results without having to run a manual, time-consuming process. In addition, the AI agents handle change orders and negotiation to truly deliver the best possible experience.
