Fundraising Fox

Conduit

YC W24

San Francisco, US · Founded 2024 · 15 employees · Hiring · 8 known investors

Conduit provides an AI agent platform for the hospitality industry that automates guest interactions across multiple channels, handles bookings and upsells, manages internal operations, and delivers leadership insights integrated with existing systems.

Also known as HostAI · Conduit AI

AI & Machine LearningEnterprise SoftwareSaaSTravelSalesCustomer ServiceAIUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W24)

Conduit was founded in 2024 by Cole Rubin and Punn Kam.

CRCole Rubin
Cole RubininCo-Founder & CEOCole Rubin works on projects spanning real estate and technology.
PKPunn Kam
Punn Kamin𝕏Co-FounderPunn Kam previously worked at Google and has experience as a trader and market-maker for a family office. He is now focused on building agentic conversation technology for the built environment sector.

Investors · 8

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Conduit builds an AI agent platform purpose-built for hospitality operations. Operators create, test and run agents on Conduit's hospitality-specific harness; the agents cover the guest journey from inquiry to booking and upsell, then handle internal operations and surface insights for leadership, connected to the systems operators already use. The product is organized into chat agents that respond across email, WhatsApp, OTAs, social channels and a website widget; voice agents that answer calls around the clock for restaurants, amenities, group sales and the front desk; and internal agents that work alongside staff in existing tools, answering questions and taking action.

The platform is delivered as a single workspace covering customer conversations, AI agents, workflow automation and operational records. Teams configure a workspace with members, inboxes, connected channels, a knowledge base, agents, tools, workflows and records. Channels include email, WhatsApp Business, business phone number and SMS, and a chat widget; business systems such as property management systems can be synced, and a marketplace offers apps plus agent, skill and workflow templates. The current "V3" agent system separates configuration into Agents (persona, behavior, triggers, publish state), Knowledge (pages, folders, documents, links and synced sources), Skills (reusable instructions combining policy, process, variables and tool-use guidance) and Tools (connection tools, custom Python or JavaScript tools, MCP tools and per-agent overrides). Testing and rollout tooling includes a workspace assistant called Operator, sandbox testing with realistic customer, listing and reservation context, and a staged "Road to Autopilot" Connect-Teach-Test-Deploy loop, alongside an inbox with Todo, Follow-Up and Done states that exposes agent activity, sources and tool calls.

Additional platform capabilities cited by the company include multilingual responses, native integrations (or agent-built custom ones), step-level observability of agent decisions and transfers, proactive workflows, performance reporting on automation rate, response time, resolution rate and guest satisfaction, and an API plus MCP interface for controlling agents from a customer's own stack. Conduit states SOC 2 Type II compliance, enterprise security controls (encryption, role-based access, PII protection, audit logs, SSO) and support for HIPAA workflows.

Founding story

Conduit was founded in 2024 by Cole Rubin (background in real estate and technology) and Punn Kam (previously at Google and a family office trader/market-maker), and participated in Y Combinator's Winter 2024 batch with Pete Koomen as primary partner. Y Combinator's page notes a previous launch under the name HostAI, described as an all-in-one operating system helping vacation rental managers deliver guest experiences at scale.

Business model

B2B software sold to hospitality and short-term-rental operators as a workspace-based agent platform, with demos and sales-assisted onboarding (book a demo, support@conduit.ai). Public materials do not disclose pricing or contract structure.

Not disclosed in the available sources.

Traction

The company reports being trusted by 300+ hospitality brands in 120+ countries on its website and by over 1,000 global hospitality brands across 120+ countries on its Y Combinator profile, with an average customer rating of 4.7/5. Customer stories cite outcomes such as HomeHop scaling from 40 to 108 properties while automating 70% of guest messaging across SMS, email and voice; Renjoy reaching 40% automation in its first month; and The Lauderdale Hotel unlocking $500k in value. Team size is listed as 15.

Latest developments

Documentation describes a current "V3" agent system with separate Agents, Knowledge, Skills and Tools surfaces, an Operator workspace assistant, sandbox testing, and migration guidance for teams moving from the older interface.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Conduit describes itself as the leading AI agent platform for hospitality operations and cites use by over 1,000 global hospitality brands across 120+ countries (its website states 300+ hospitality brands in 120+ countries). Independent verification of market share is not available in the sources.

Conduit positions its harness as purpose-built for hospitality rather than a general-purpose support platform, covering the full guest journey (inquiry to booking and upsell) plus internal operations and leadership reporting. Emphasized differentiators include agents that learn automatically from interactions, multi-step procedures, access to internal and custom systems, escalation handling that feeds knowledge gaps back to the agent, and detailed observability of each agent step.

Technology

Conversational AI agents for text and voice, configured through knowledge bases, reusable skills, procedures and tools. The system supports custom Python and JavaScript tools, MCP tools, per-agent tool overrides, connection tools to external and property management systems, multilingual response generation, agent learning from prior interactions, escalation surfacing, sandbox testing with realistic reservation context, and step-level observability of tool calls, decisions and transfers. An API and MCP interface allow external control of agents.

Go-to-market

Direct sales and demo-led onboarding via the website and documentation, supported by published customer stories. Y Combinator job listings show a San Francisco-based commercial team build-out including Account Executive, Sales Development Representative, Marketing Lead and Agent Product Manager roles.

Hospitality operators, vacation rental and short-term rental property managers, hotels, and multi-property or multi-brand hospitality and real estate platforms. Named customer examples include Bali Luxury Stays, Blue Gems, Canbnb, Cascadia Getaways, Cash Flow Street, Cosmica, Haven, HomeHop, Host Genius, Renjoy and The Lauderdale Hotel.

Geography

Headquartered in San Francisco, California, with customers reported across 120+ countries; customer stories reference operations in Italy, Dubai, Bali and North America.

History

The company was founded in 2024 and went through Y Combinator (Winter 2024). It first launched as HostAI, a platform for vacation rental managers, and later launched as Conduit with conversational AI agents for housing and hospitality. The documentation reflects a migration from an older interface to a "V3" agent architecture, with guidance provided for teams moving between the two.

Risks & controversies

Public sources report inconsistent customer counts (300+ brands on the company website versus 1,000+ on its Y Combinator profile). Several third-party listings conflate Conduit with unrelated companies sharing the name, and one aggregator profile attributes funding rounds and sector descriptions (cross-border payments, real estate/financial services, a €2.9M Pi Labs seed) that do not match the hospitality AI company described by its own site and Y Combinator page; those figures should be treated as unverified.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average customer ratingJan 20264.7 out of 5
Countries servedJan 2026120
Customer outcome: HomeHop guest messaging automatedJan 202670%
Customer outcome: HomeHop properties scaledJan 202640 to 108 properties
Customer outcome: Renjoy automation rate in first monthJan 202640%
Customer outcome: The Lauderdale Hotel value unlockedJan 2026$500K
Hospitality brands using the platform (company website claim)Jan 2026300 brands
Hospitality brands using the platform (YC profile claim)Jan 20261,000 brands
Team sizeJan 202615 employees

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Images

Conduit photo

Founder mafia

2 people who came through Conduit went on to found or lead other companies.

Competitors · 7

by search overlap
Lodgify322 shared keywordsLodgify provides all-in-one vacation rental management software for independent short-term rental hosts and property managers, offering channel management with live calendar syncing across platforms like Airbnb, Vrbo, and Booking.com, a no-code direct booking website builder, payment processing, and automated guest communications. It also includes tools for dynamic pricing, task management, guest check-in, and damage protection.
HOSPITABLE315 shared keywordsHospitable provides property management software for short-term and vacation rental hosts, automating guest messaging, calendar sync across channels like Airbnb, Vrbo, and Booking.com, dynamic pricing, and guest reviews. It uses AI tools to handle guest inquiries, generate reviews, and answer business questions for hosts managing one or many properties.
Airbnb308 shared keywordsAirbnb is an online marketplace that enables people to book and list accommodations for short-term rentals, experiences, and services around the world.
Hostaway290 shared keywordsHostaway offers a property management system and channel manager for short-term rental property managers, letting them list and sync properties across booking platforms like Airbnb, Vrbo, Booking.com, and Google from one dashboard. The software automates manual tasks and aims to increase bookings while preventing double bookings.
PriceLabs250 shared keywordsPriceLabs offers a dynamic pricing and revenue management platform for short-term and vacation rental hosts, property managers, and hotels. It provides automated price recommendations, portfolio analytics, market dashboards, and revenue estimation, syncing with Airbnb, Booking.com, VRBO and 160+ property management systems.
Hostfully242 shared keywordsHostfully provides property management software (PMS) and guest experience tools for short-term and vacation rental managers, supporting operations from a single listing to 100+ properties. Its platform includes automation, smart-home device integrations, and digital guidebooks aimed at helping rental management companies grow revenue and save time.
Breezeway179 shared keywordsAI-driven task management software for property managers

Companies competing with Conduit for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Jan 2026
V3 agent system

Documentation describes the V3 agent architecture separating Agents, Knowledge, Skills and Tools surfaces, with Operator workspace assistant, sandbox testing and a migration path from the older interface.

source ↗

Jan 2026
SOC 2 Type II and HIPAA workflow support stated

Company states SOC 2 Type II compliance, enterprise security controls (encryption, role-based access, PII protection, audit logs, SSO) and support for HIPAA workflows.

source ↗

Jan 2024
Participated in Y Combinator Winter 2024 batch

Conduit is listed as a Y Combinator Winter 2024 company based in San Francisco, with Pete Koomen as primary partner.

source ↗

Jan 2024
Launch of Conduit: conversational AI agents for housing and hospitality

Company launch positioning Conduit as a conversational AI agent platform for housing and hospitality, following a previous launch as HostAI, an operating system for vacation rental managers.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Conduit do?
Y Combinator-backed AI agent platform that automates guest communication and internal operations for hospitality operators.
Who founded Conduit?
Conduit was founded by Cole Rubin, Punn Kam in 2024.
Who are Conduit's investors?
Conduit's investors include Pi Labs, Y Combinator, Drive Capital, Eniac Ventures, Haun Ventures, Innovation Endeavors, Paradigm, Twelve Below.
Where is Conduit headquartered?
Conduit is headquartered in San Francisco, US.