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.