# AVISIO

> AVISIO was a Vienna-based hospitality-tech startup that built a cloud, AI-assisted procurement and inventory platform for independent hotels and restaurants. Founded in 2019 by Matthias Depenbusch and Johannes Ossanna, it integrated with POS and PMS systems to automate stocktaking, compare supplier prices in real time, and suggest order quantities from booking data - promising roughly 10% lower purchasing costs and less waste. It raised over EUR 2 million from backers including Falkensteiner Ventures and Next Floor Ventures before filing for insolvency in April 2023.

- **Founded:** 2019
- **Headquarters:** Vienna, Austria
- **Founders:** Matthias Depenbusch (Co-Founder & CEO), Johannes Ossanna (Co-Founder & Managing Director)
- **Team size:** ~14 employees at peak (team reduced by 50% in 2022)
- **Products:** AVISIO Procurement & Inventory Platform, Real-Time Price Comparison, AI Order Suggestions, POS/PMS Integrations, Analytics & Reporting
- **Notable:** Won the Hospitality UPGRADE Award 2020 at hotelforum (PKF hospitality group), with co-founder Matthias Depenbusch presenting., Raised over EUR 2 million from investors including Falkensteiner Ventures and Next Floor Ventures., Shipped a market-ready MVP integrating POS/PMS systems with AI-driven order suggestions.

## Products & services

- **AVISIO Procurement & Inventory Platform** — A cloud, tablet-friendly SaaS for digital stocktaking, delivery check-ins, and stock removal, replacing chaotic paper-based inventory processes.
- **Real-Time Price Comparison** — Side-by-side supplier price visualization with direct ordering, giving hoteliers price transparency across vendors.
- **AI Order Suggestions** — Machine-learning recommendations that suggest order quantities based on booking data and sales, aiming to cut buying and management costs by around 10%.
- **POS/PMS Integrations** — Native integrations with hospitality systems including ASA Hotel Software, EUCASOFT, and Naramis to automate inventory updates from actual demand.
- **Analytics & Reporting** — Real-time reports combining AI-based advice with actionable insights on inventory, spend, and waste.

## Achievements

- Won the Hospitality UPGRADE Award 2020 at hotelforum (PKF hospitality group), with co-founder Matthias Depenbusch presenting.
- Raised over EUR 2 million from investors including Falkensteiner Ventures and Next Floor Ventures.
- Shipped a market-ready MVP integrating POS/PMS systems with AI-driven order suggestions.
- Secured strategic hospitality-industry backers including Otmar Michaeler and Falkensteiner Ventures.

## Latest updates

- **2020-07** — Falkensteiner Ventures and Michaeler Management invest in AVISIO's first funding round.
- **2020-10** — AVISIO wins the Hospitality UPGRADE Award 2020 at hotelforum.
- **2021-03** — Next Floor Venture Capital joins with a mid-six-figure investment as part of a larger seed round.
- **2021-12** — Software reaches market readiness, though hospitality customers remain distracted by pandemic recovery.
- **2022-01** — Team reduced by roughly 50% amid a down-round financing and tough market conditions.
- **2023-04** — AVISIO files for insolvency after failing to secure follow-up financing; software remains usable for existing customers while buyers are sought.

## Links

- Website: https://avisio.ai
- LinkedIn: https://www.linkedin.com/company/avisio-ai

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Profile page: https://yespress.io/avisio
Published by YesPress — https://yespress.io
Last updated: 2026-07-07