Fever Raised $35 Million for Event Tech: Travel Startup Funding This Week
Sean O'Neill
August 9th, 2019 at 12:45 AM EDT
Skift Take
This week travel startups announced more than $40 million in funding. Notably two of the companies, travel medical insurance seller SafetyWing and upselling tech firm HotelFlex, are graduates of the famed Y Combinator startup accelerator.
This week travel startups announced more than $40 million in funding.
>>Fever, a company that studies consumer data to recommend events and experiences for booking and helps companies plan events, raised a $35 million Series D funding round.
Rakuten Capital, the corporate venture capital arm of Japanese e-commerce Rakuten, led the round. Rakuten, which runs a large online travel business unit, will become a commercial partner.
Accel, Atresmedia, and others also participated in the investment round. The startup has raised more than $76 million to date.
Fever is mainly a marketplace matching consumers with experiences in major cities such as London, New York, Paris, and Madrid. But it also helps brands create events, such as product launches. For example, it runs Fever Originals, creating its own events
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