Skift Take

This week's travel startup funding, all in one place.

weekly_startup_fundingEach week we create a roundup of travel startups that have received or announced funding that week. The total amount raised this week among companies we tracked was $111.2 million.

Here are four companies that announced they raised funding this week and see previous roundups here. You can also read Skift’s coverage of vacation rental management firm Vacasa’s $35 million funding round from earlier this week.

>>OYO Rooms raised a $100 million venture round from existing investors SoftBank, Greenoaks Capital, Sequoia Capital and Lightspeed Venture Partners bringing the Gurgaon, India-based startup’s total funding to $225.6 million.

OYO Rooms was founded in 2013 and has hotels available in more than 150 cities throughout India. Read Skift’s interview with Ritesh Agarwal, OYO Room’s founder, here.

>>Hipmunk raised a $5.7 million venture round from an undisclosed investor bringing the San Francisco-based startup’s total funding to nearly $46 million.

Founded in 2010, Hipmunk sells flights and hotels and advertises the best deals in destinations. Hipmunk has more than 1.2 million hotels and vacation rentals and results are shown on a map for travelers to view nearby landmarks. The site also sells car rentals and other packages.

>>HomeRez raised a $4.5 million seed round from six new investors including XAnge Private Equity, David Roche and Entrepreneur Venture and this is the London-based startup’s first funding round.

HomeRez is a vacation rental management platform and also a booking site for properties throughout Europe. The site helps property owners advertise their rentals across multiple sites including Airbnb, FlipKey and HomeAway.

>>Edge Retreats raised a $1 million seed round from new investors Forward Partners and Lean Investments and this is the London-based startup’s first funding round.

Edge Retreat offers more than 2,000 luxury villas in 35 countries from Australia to the U.S., including 20 private islands.


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Tags: funding, vcroundup

Photo credit: Ritesh Agarwal is the 22-year-old founder of India's OYO Rooms. OYO Rooms

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