Offering free Wi-Fi shows Treebo Hotels understands what's important to guests but let's see how quickly it can scale.
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 $12 million.
Here are three companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.
>>Treebo Hotels raised a $6 million Series A round from new investors Matrix Partners and SAIF Partners and this is the Bangalore, India-based startup’s first funding round.
Calling itself a “new age hotel brand,” Treebo Hotels offers budget travelers affordable, luxurious accommodations in the Bangalore area. So far there are only three hotels that offer amenities such as free Wi-Fi and breakfast.
>>DrinkAdvisor raised a $3 million Seed round from several private investors.
Founded in 2013 and with offices in London, New York and Moscow, DrinkAdvisor is a mobile app helping travelers and locals find the trendiest nightclubs, bars, and cocktails in cities around the world. It shows 10,000 bars and clubs in 210 cities across 70 countries and has search filters, the ability to leave reviews and 170 cocktail recipes. The company also recently launched its Apple Watch app and will use the funding for app improvements, online and offline marketing and expansion to new markets.
>>Inspirock raised a $3 million Seed round from MakeMyTrip and is based in Palo Alto, California.
As a personalized itinerary planner, Inspirock tracks user preferences based on how they’ve used the site before. It offers the itineraries by tracking millions of tourist attractions in Europe and the U.S. accounting for travel time, interest level, reviews and more. Currently users can only plan itineraries for U.S. and European destinations.
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Photo credit: Treebo Hotels offers budget travelers affordable, luxurious accommodations in the Bangalore, India area. Treebo Hotels