Whimstay Raises $10 Million for Last-Minute Vacation Rental Bookings
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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.Four travel tech startups raised $29 million this week.
>>Thynk, which offers software products for hotel operations, has raised $13 million in series A funding. It was led by Singular, with participation from a New York-based fund managed by Itai Tsiddon, as well as Belgian investment firm CNP and returning investors, including Fly Ventures.
The Brussels-based company’s suite of software products are meant to simplify and automate sales, operations, and data management. The startup said its products can help streamline group sales and customer relationship management, automate office tasks, cross-sell and upsell, track and analyze customer data, and more.
The company has more than 2,500 hotel customers, including Postillion in the Netherlands, Rotana in UAE, Groupe Lucien Barrière in France, Design Hotels in Germany, and Mint House in the U.S.
“Everything we invest in serves our ultimate mission of enabling hoteliers to do more with less, to adapt faster to market changes, and to focus on what leads to higher profit margins,” said Pascal Petit, CEO of Thynk, in a statement.
He said the funding will go toward strengthening the software
