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Despite stalled growth in China, Brazil and Russia, a wave of newly middle-class travelers from the BRICs and beyond will start visiting international destinations in the coming decades — dwarfing the numbers we’ve seen thus far.
The B2B space in tours and activities is getting to be a crowded field, although the market is so fragmented and offline that there are business opportunities.
Hot on the heels of Silicon Valley competitor Xola raising $1.8 million last week, Swiss startup TrekkSoft, which offers a SaaS for tour and activity providers, has raised $800,000 in follow-on funding, bringing the total raised to $1.6 million.
The new investment comes from the company’s original backers, including Redalpine Capital II, the Innovation Fund of Schwyzer Kantonalbank, and a group of private investors comprising Armin Meier (former CEO of Kuoni), Walter Güntensperger (CEO of Active Travel and former CEO of Hotelplan Switzerland), and Adrian Locher (founder and COO of DeinDeal.ch).