BookingPal Raises $12 Million for Rental Software: Travel Startup Funding This Week
Sean O'Neill
March 8th, 2019 at 12:30 AM EST
Skift Take
This week travel startups BookingPal, Instawork, Withlocals, Ayenda Rooms, and Questo together announced more than $30 million in funding. Of note, famous venture investor Bill Gurley took a stake in Instawork's hiring marketplace, and mammoth investor Softbank is betting on Ayenda Rooms as Colombia's version of budget hotel franchisor Oyo.
This week travel startups announced more than $30 million in funding.
>>BookingPal, a seller of vacation rental software, has raised $12 million in funding. It was probably a Series C round, but the company didn't say.
Valor Capital Group led the round. Altabix, the corporate venture capital fund of Hoteles City Express, also participated.
BookingPal has said it has raised $22 million since its founding in 2013 from investors that have included Amadeus Ventures, PAR Capital Management, Plug and Play Ventures, and Thayer Ventures.
The startup offers tools to helps property management companies manage and distribute vacation rental inventory online. The Irvine, California-based company connects popular property management software systems with consumer travel websites such as Airbnb, Booking.com, Expedia, Google, HomeAway/VRBO, and TripAdvisor.
It will use the fresh capital to move into more markets, said Alex Aydin, founder and CEO.
>>Withlocals, a tours-and-activities booking service, has rais
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