Air Doctor, Hotelmize, and Huilianyi Get Backing Despite Crisis: Travel Startup Funding This Week
Photo Credit: This is the Hilton Wuhan Optics Valley in Wuhan, China. Huilianyi, known in the West as Helios, a company that provides middleware for corporate travel expense management, has secured $42 million (300 million yuan) in a Series C extension round of venture financing. Hilton / Hilton
Skift Take
This week, travel startups Air Doctor (which helps travelers find doctors overseas), Hotelmize (which helps bedbanks automatically rebook hotel rooms when rates drop), and Huilianyi (a business travel expense manager), announced rounds of investment this week, in a bit of good news.
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.
This week, travel startups announced more than $50 million in funding.
>>Huilianyi, known in the West as Helios, a company that provides middleware for corporate travel expense management, has secured $42 million (300 million yuan) in a Series C extension round of venture financing.
Huaxing led the round extension. Huilianyi had previously raised a total of $25 million in funding from investors like Softbank China Venture Capital, Blue Lake Capital, and Z Capital.
Huilianyi, founded in 2016, builds business travel and expense reimbursement systems for corporations like Fosun. It also makes integrations with a corporation's financial management and other operational systems, such as ones provided by Oracle.
While Western workers often can either file invoices for reimbursement or use corporate cards, employees working
