Tagged: avisio
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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.
Matthias Depenbusch
Matthias Depenbusch is a German-trained, Vienna-based serial founder who builds software for unglamorous but expensive problems. He co-founded AVISIO, a SaaS platform that used AI-based purchasing suggestions to cut the cost of goods sold for independent 4- and 5-star hotels and restaurants, integrating their POS and PMS systems to automate inventory and ordering. Before that he helped launch Appinio, the Hamburg real-time mobile market-research company that landed 8th in the Deloitte Technology Fast 50 and on the FT 1000 list of Europe's fastest-growing companies. AVISIO won the Hospitality UPGRADE Award 2020 before filing for insolvency in 2023 amid a frozen funding climate.