Investors

One model of the hotel, and the products that follow from it.

Aerandil is a UK software company building the record a hotel runs on and the products that run on it: the front desk first, then payments, the restaurant, the estate and the agents. Pre-revenue, founder-built, preparing its first design-partner hotels and a first SEIS round. This page is what we would say in the first meeting.

Talk to the founder See the product

The problemSources named

Hotels run on five systems that disagree, and fear changing the one that matters.

A property management system for the desk, a channel manager, a point of sale, a payment terminal, a housekeeping sheet and a spreadsheet for the rest. Each keeps its own copy of the guest, the room and the bill. Staff re-key between them, mistakes land in front of guests, and switching the PMS means a migration project and a risky night, so hotels stay on software that does not serve them and pay fees for voids, failures and refunds.

48%of independent lodging operators would switch vendors over reliability alone.Cloudbeds, State of Independent Lodging 2025

42%would leave a vendor over a cybersecurity concern.Cloudbeds, State of Independent Lodging 2025

65%annual total separations in US accommodation and food services in 2025, against 44% across all private employment. The desk is retrained constantly, on systems that disagree.US Bureau of Labor Statistics, JOLTS

The marketBottom up, independents first

Independent hotels in the UK, then the US, then the EU.

~5,000independent hotels in the UK: about 9,800 hotel businesses, independents over half the market.IBISWorld UK hotels, 2026

~12,900independent hotels in the US: about 46,000 hotels and motels, independents about 28% of properties.IBISWorld US hotels & motels, 2025; Cloudbeds, 2025

12.9mhotel bed-places in the EU, the market after the UK, not yet sized bottom up.Eurostat, December 2024

At our list price and an average of forty rooms, the UK independents alone are about £21m a year in software and the US about £56m, before payments. Groups, resorts, residences and the vendors who build on the platform sit on top of that and are not counted here.

Platform strategy

Build the record once. Sell what runs on it.

One model under everythingForge holds one governed record of the hotel: the guests, rooms, bookings, bills, staff and suppliers, and every change to them through a typed, audited action. Every product we ship writes through it. It took longest to build and is the hardest part to copy.

The PMS is the wedgeThe front desk is the system a hotel fears changing most, so winning it means answering the switch itself: connectors for the incumbents, a shadow comparison against the hotel's own books, and a rehearsed cutover with a drilled rollback.

Payments win the accountCard processing priced at Stripe's published rate for the card plus 0.40%, with none of the void, failed-transaction, tokenisation or refund fees the incumbents charge. The margin is thin on purpose; the money living in the same record as the stay is the point.

The record makes the agent possibleAn agent can only act safely on one reliable, machine-readable model of the business with rules on what it may change. Ours is that model, and its actions are the agent's tools. Most hotel software was never built to provide that.

Open contracts make it a platformA REST API, an MCP server and generated SDKs over the same model, so operators and vendors build on it rather than beside it. Vanilla Postgres underneath: no lock-in to resent.

218Object types

509Link types

524Actions

44Domains

3,064API operations

The model, counted from the registry. Built in Rust on standard Postgres.

ExpansionFrom the PMS into the ecosystem

Each product is the next thing the same record makes easy.

01Front deskIthaca: arrivals to night audit, housekeeping and maintenance on a phone.Early access
02PaymentsCard on file, deposits, holds, settlement, refunds and disputes, on the same bill as the stay.Early access
03RestaurantsThe till for the hotel's outlets: the check, charge to room, service charge and tips under the Tips Act.In build
04Groups and estatesProxima: each property in its own cell, in its own region, one model and one set of metrics across the estate.Designed
05Guest identityMeridian: one identity for a guest across every property an operator runs.Designed
06The ecosystemAgent Studio and the public contracts: vendors and operators building their own agents and integrations on the model.Designed

TractionDated, checkable

Pre-revenue. What exists.

2026: The platform built from a standing start by the founder, alongside a full-time job: the model, the engine, Ithaca, the payments rail and the connectors.
Live now: Ithaca demonstrable end to end; a self-guided tour of the real product on this site.
29 Oct 2026: A full PMS switchover rehearsed end to end against Mews's public demo hotel: ten of ten days agreed with the source, cutover in 2.9 seconds.
26 Oct 2026: Stripe enabled lodging features for the platform: extended and incremental authorisation for holds. Adyen card terminals working in test.
27 Oct 2026: Payments-regulation question submitted to the FCA's Innovation Pathways.
Connectors: Mews, Apaleo and Cloudbeds read as they stand; OPERA follows the first prospect that runs it.

Business model

SubscriptionPer room per month with a per-property minimum, billed monthly, no setup fee, the switchover included. The rate is agreed with design partners during early access and published at general availability.

PaymentsStripe's rate for the card plus 0.40%. About 0.10 to 0.15% of volume net of Stripe's platform fees. Priced to win the account; the software is the revenue.

Add-onsRevenue, events and the restaurant till as add-ons to the core subscription; Labs products on the same contracts.

Design partnersThe first three months at hosting cost plus a small margin, then list price.

The founder

Built from the desk side, by someone who has run one.

Over a decade in hotels, restaurants and resort food and beverage in the UK and Australia: front office manager on the opening team of a large independent luxury hotel, running the desk and the night audit on OPERA Cloud; general manager of a three-site restaurant group with full profit-and-loss responsibility, four site managers and eighty-five staff; four years in a four-star city-centre hotel, from bartender to food and beverage manager of four outlets. Every board in Ithaca is a shift he has worked.

The whole stack, built alone since early 2026 alongside a full-time job. The gap is sales and go-to-market, not product, and the first hire is a commercial one.

Milestones

March 2027: First design-partner hotel live.
2027: First commercial hire: hotel sales and onboarding. SOC 2 Type 1.
Mid-2028: Twenty paying hotels.

The raise

A first round of angel investment under the UK's SEIS scheme, with advance assurance in preparation. It funds the founder full time, the first commercial hire, and the hosting and professional fees of the first hotels.

Talk to the founder

This page is information about the company, not an offer of securities or an invitation to invest. Any investment would be made only under documents provided to qualifying investors. Figures are the company's own estimates where no source is named.