Skift Take
It's strange CanadaStays is raising funds as a six-year-old company but it will undoubtedly benefit from its partnership with HomeAway and access to that company's Canada rentals.
Each week we create a roundup of travel startups that have received or announced funding that week. The total amount raised this week was $47.2 million.
Here are six companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.
>>OYO Rooms raised a $25 million Series A round from new investors Sequoia Capital and Greenoaks Capital Management and existing investor Lightspeed Venture Partners bringing the Bangalore, India-based startup’s total funding to more than $25.6 million.
OYO Rooms provides a platform for hospitality bookings throughout SouthEast Asia. The company was founded in 2013 and has more than 200 budget hotel brands using its product.
>>Victor raised an $8 million Series B round from investors Andrew Pisker and Tim Richards bringing the London-based startup’s total funding to $25.7 million.
Founded in 2011, Victor helps travelers find the best private jet charters and offers access to more than 7,000 jets of various types ranging from short-range to super-luxe to long-range.
>>CanadaStays raised $6 million from investors HomeAway and Torstar Corporation, with HomeAway contributing $4.9 million of that amount.
As the largest vacation rental site in Canada and based in Toronto, CanadaStays announced a long-term partnership with HomeAway this week which will allow HomeAway’s Canadian properties to also appear on CanadaStays along with its own selection of 30,000 Canadian rental properties. The partnership makes HomeAway a minority stakeholder in CanadaStays.
>>Flyr raised a $3.7 million Seed round from new investor Hamid Borkhordhar and existing investors Ullas Naik, Western Technology Investment, Streamlined Ventures, Chasm Capital, Shawn V. Gruver and Montage Ventures. This brings the San Francisco-based startup’s total funding to more than $4.2 million.
Flyr uses data to predict airfares and power booking tools by monitoring billions of data points and adaptive price-forecasting algorithms and building scalable infrastructure. This week Flyr will launch consumer access to flight-specific airfare forecasts, predictive fare alerts and the ability to lock-in today’s fare for one week.
>>Triphobo raised a $3 million Series B round from investor Kalaari Capital bringing the Pune, India-based startup’s total funding to $5.4 million.
Triphobo helps travelers customize and book thousands of user-created trip itineraries and as of January has more than 65,000 available itineraries.
>>Beyond Pricing raised a $1.5 million Seed round from investors Caffeinated Capital, QueensBridge Venture Partners, Structure Capital, Social Leverage and Resolute.vc.
The San Francisco-based startup is built around the Airbnb ecosystem and helps with automated data-driven pricing for Airbnb and vacation rentals. Beyond Pricing suggests and automates pricing based on listing, marketing, events and season and takes 1% of earnings from the Airbnb owner.
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Photo credit: CanadaStays got $4.9 million of its new $6 million funding round from HomeAway, which will become a minority stakeholder in the Canada vacation rental site. CanadaStays