First read is on us.

Subscribe today to keep up with the latest travel industry news.

This Week in Travel Startup Funding: Zozi, SnapShot and More


Skift Take

Tours and activities startups are having a renaissance of sorts and Zozi is the latest proof of that.

weekly_startup_funding

Each week we create a roundup of travel startups that have received or announced funding that week. The total amount raised this week was about $60 million.

Here are four companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.

>>Zozi raised a $30 million Series C round from new investors Richard Branson and Bridge Bank and existing investors Pritzker Vlock Ventures, Par Capital Ventures, 500 Startups, and Dolby Family Ventures. It brings the San Francisco-based startup's total funding to $51.3 million.

Zozi is a reservation and payments platform and marketplace for tours and activities that uses its software to connect merchants with travelers looking for deals. Merchants pay Zozi a monthly subscription fee and travelers pay a transaction fee during the online booking process. The company plans to use its new funding to make its site more appealing to the millennial market.

>>SnapShot raised a $27.6 million Series B round from new investor Shiji Networks bringing the Berlin, Germany-based startup's total funding to $29.8 million.

Founded in 2013, SnapShot is a consultancy firm for hotels to help them with revenue management, distribution, marketing and finance. The startup will use its new funding to launch a new hotel analytics platform and scale to more hotels around the world.

>>Splacer raised a $1.4 million Seed round from new investors Carmel Ventures, Cato Networks, Atrium, and Shaked Ventures.

Based in Tel Aviv, Israel the startup helps travelers list, discover and book short-term spaces to create unique event experiences during a business or leisure trip. Splacer charges space providers a 15% commission on each booking and charges a 10% commission on referrals for verified event service providers. Bookable spaces include lofts, art galleries and beach villas and the new funding will be used to expand to New York City.

>>Hundredrooms raised a $1.1 million Seed round from new investors Antai Venture Builder, Media Digital Ventures, Bankinter, and Inveready Technology Investment Group.

Founded in 2014 and based in Palma De Mallorca, Spain, Hundredrooms is a vacation rental metasearch platform for Spanish-speaking travelers. The startup plans to use the funding to focus on apartments managed by private individuals and to expand to more Spanish-speaking markets.

 

Up Next

Hotels

How Data Quality Issues Impact Global Hospitality Operations

There are wide discrepancies in data quality for hotel transactions across global regions, with the largest occurring in Asia-Pacific. Because hotels and agencies need to harness data quality to thrive, they must take a more nuanced regional approach to monitoring potential issues.
Sponsored
Online Travel

What Travel Brands Should Know About China's RedNote

As overseas travel rebounds and Chinese consumers increasingly seek out genuine travel tips and personalized recommendations, brands looking to engage this influential audience must understand what makes RedNote a powerful tool for modern travel marketing.