Klook represents a speck of the recent investment activity taking place in the rapidly expanding Chinese online travel ecosystem.
Each week we create a roundup of travel startups that have received or announced funding that week. The total amount raised this week was about $4.3 million.
Here are three companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.
>>Yonder raised a $2 million Seed round from new investors Monster Worldwide, Vermont Seed Capital Fund and various Angel and individual investors,.
The mobile app allows travelers to find and share outdoor leisure trips such as biking, hiking, fishing and climbing. Yonder, founded in 2013, is currently US-focused with 20,000 destinations around the country loaded into the system. It’s based in Woodstock, Vermont and is also used to power the community elements of a number of third party adventure-based brands such as the National Forest Foundation, The North Face and Xanterra.
>>Klook raised a $1.5 million Seed round from new investors Shuren Hu and Wu Xiaoguang.
Founded in 2014, Hong Kong-based Klook is a mobile app covering 21 destinations in Asia and has seen bookings grow about 10 times quarter-over-quarter since launch. The company considers itself an all-in-one travel booking platform for hotels, flights and in-destination experiences.
>>Tripalocal raised an $850K Angel round from new investor Euler Capital.
Based in Melbourne, Australia the company’s site offers travelers local tips and recommendations in addition to giving locals a platform to rent out their homes to tourists.
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Photo Credit: Klook is an all-in-one travel booking platform for hotels, flights and in-destination experiences in Asia. Klook
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