EasyParcel Raises $10 Million for Delivery: Travel Startup Funding This Week
Sean O'Neill
July 19th, 2019 at 12:45 AM EDT
Skift Take
In the past seven days, travel startups announced more than $216 million in funding. But the hot market deserves a warning that paraphrases Fleetwood Mac: Investors only love you when they're investing. Funding will come and it will go. When the rain washes you clean you'll know. You'll know.
Since last Friday travel startups announced more than $216 million in fresh funding.
On Thursday we reported that TravelPerk had closed its $104 million Series C round, the first $44 million of which we reported on last October. Kinnevik, partners of DST Global, Target Global, Felix Capital, Sunstone, and LocalGlobe participated. The company aims to build better business travel booking tools and has focused on Europe so far.
Earlier this week, Travelstop raised $3 million in a pre-Series A round led by top-tier U.S. venture firm Accel. The Singapore-based business travel management startup is led by co-founder Prashant Kirtane and former executives Vijay Aggarwal and Altaf Dhamani, who sold their past company, Travelmob, to Airbnb competitor HomeAway in 2013.
Finally, Skift reported on Life House having raised $100 million in a fresh round of funding.
Here's this week's other funding news.
>>EasyParcel, an online booking platform for parcel delivery, has received $10.6 million in
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