Investors Bet More Than $210 Million on Sector: Travel Startup Funding This Week
Photo Credit: An image of an "iconic Shard suite" with a backdrop of London from Europe's tallest skyscraper, the Shard, at the Shangri-La Hotel at The Shard London. It's a prime luxury hotel for business travelers as well as luxury leisure travelers. Shangri-La Hotels
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This week, travel startups, including TravelPerk, Guesty, Staymyway, and TripAbrood, announced more than $212 million in funding. Can we popularize the phrase "world boom ahead"?
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 $212 million in funding.
>>TravelPerk, a Barcelona-based travel booker and management company, has closed a $160 million funding round. That nearly doubles its previous rounds combined since it was founded in 2015. Skift's Corporate Travel Editor Matt Parsons had the story: TravelPerk Will Wade Even Further Into U.S. Territory With $160 Million Funding Boost.
>>Guesty, a maker of software for for managers of short-term rentals, has raised $50 million in a Series D round of funding. Apax Digital Fund led the round in the startup, with AMI Opportunities Fund and others also taking part.
The Tel Aviv-based startup has raised $110 million since it participated in the Y Combinator startup accelerator. It is the best-funded
