Tours and Activities Companies Raise Over $15 Million This Week
Photo Credit: KKDay, Asia’s largest attractions platform, has raised $10.5 million in additional funding led by Japanese investors. The investment has made the startup's founder and CEO Ming Chen, shown in this winter 2017 photo, all smiles. KKDay
Skift Take
Some investors think that patience is not only a virtue, but can also be worth a windfall. But waiting for big returns from tours and activities sector companies KKDay, Bookingkit, and TickX — which have received fresh investment rounds — may test their virtue.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at jd@skift.com if you have funding news.
The total publicized this week was more than $26 million.
Earlier this week, we noted that Volantio, an Atlanta-based startup, raised a $2.6 million Series B funding round. International Airlines Group, JetBlue Technology Ventures, and Qantas Ventures participated in the round. The company helps airlines like United manage overbookings by offering buyouts to flexible passengers.
Here are the other recent investment rounds of note:
>>KKday, a tours-and-activities search and booking company, has raised $10.5 million in a Series B funding round.
H.I.S., the giant Japanese travel agency, led the round. The financial investment is also a strategic partnership in which H.I.S. will add KKDay inventory for its agents and will share its marketing and analytics technology with KKday.
Past investor MindWorks Ventures also participated. The funding brings the total that the comp
