Slick Spaces Technologies to Expand GloballyAugust 7, 2018
Darren Huston becomes Executive Chairman
Slick Spaces Technologies Inc., the award-winning tech start-up providing the world’s first property automation platform for short-term rentals, today received a significant initial round of investment from BlackPines Capital Partners Inc.
This transaction is the latest project of BlackPines, the advisory firm founded by Darren Huston.
Proceeds from the BlackPines investment will be used to help Slick Spaces build out its successful model of rental automation for the hospitality industry, focused on the needs of property managers in the vacation rental, apartment, and boutique hotel sectors. Huston will help guide the company’s efforts as Executive Chairman.
“This investment from BlackPines helps us introduce our solutions to customers around the world,” said Slick Spaces CEO Michael Driedger. “Darren’s leadership track record and passion for innovation and excellence in the online travel and cloud software solutions space is a perfect match with our industry-leading automation platform for the property rental industry.”
Slick Spaces Chief Product Officer Mark Baxter added: “Going forward with the new financing, we will accelerate our efforts against three priorities: first, to deliver and support flawless and ‘always on’ rental automation solutions; second, to aggregate these controls to the network level allowing property managers to enhance the guest experience, reduce complexity, and unlock significant cost savings; and, third, to complement this with the most competitive, transparent, and all-inclusive monthly pricing in the industry.”
“Rental automation is finally a realizable and scalable solution that will revolutionize the long-tail of the accommodation industry,” said Darren Huston, Founder & CEO of BlackPines. “I couldn’t be more excited to be working with Michael and Mark to help make the Slick Spaces vision in this space a compelling commercial reality. I am super happy to join them on this journey.”
Slick Spaces Technologies Inc. is a tech start-up providing the world’s first property automation platform. The company’s smart software system allows owners and managers to maximize property revenue by providing guest entry remotely without the use of keys or fobs, delivering significant time and cost savings. Through the integration of property access and energy use technology, Slick Spaces’ pioneering automation system is poised to become the leading software for short-term property management. Founded in 2017, Slick Spaces is already deployed across a range of accommodation types in locations around the globe.
The mission of BlackPines Capital Partners Inc. is to help both owners and leaders of private and public companies materially improve the outcomes of their investments. Since 2016, we have been achieving this through deep and committed engagements in a select number of large-scale, high-profile, growth-oriented opportunities.