This Week in Travel Startup Funding: Vacatia, Localoye and More
Skift Take
Each week we create a roundup of travel startups that have received or announced funding that week. The total amount raised this week was $14 million.
Here are three companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.
>>Vacatia raised a $7 million Series A round from new investor Javelin Venture Partners and existing investor Bee Partners bringing the San Francisco-based startup’s total funding to more than $12 million.
Vacatia is a marketplace for timeshares and fractional-ownership properties and was founded in 2013. The company says it will use this investment to continue the build-out of its soon-to-be-announced new service, for geographic expansion and to recruit select new team members.
>>LocalOye raised a $5 million Series A round from new investors Lightspeed Venture Partners and Tiger Global Management and this is the first round of funding the Mumbai, India-based startup has raised.
LocalOye is a platform for the events industry to discover and book venues. The company is also building SaaS solutions for venues to manage incoming leads and build business analytic dashboards.
>>Wingz raised a $2 million Seed round from 26 new investors including Florence Venture Partners, Big Bloom Investment and Blue Angel Ventures bringing the San Francisco-based startup’s total funding to $2.7 million.
Wingz is a peer-to-peer ride-share app allowing travelers to get a private door-to-door ride to and from the airport at a low flat rate. The company was founded in 2014 and its app is currently operational in San Francisco, Los Angeles, San Diego, Phoenix and Chicago.