Startups

Prowler Raises $24 Million for Decision Tool: Travel Startup Funding This Week

Prowler Raises $24 Million for Decision Tool: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced more than $309 million in funding, as Mafengwo, Prowler.io, Instawork, Revenue Analytics, Dawex, and Outpost received investments.

2 days ago

This German Startup Aims to Have a Fleet of Jet-Powered Flying Taxis by 2025

This German Startup Aims to Have a Fleet of Jet-Powered Flying Taxis by 2025

Christopher Jasper, Bloomberg

Lilium's five-seat aircrafts can operate in pilot or drone mode, but the company must raise more venture capital dollars for it to reach its goal.

6 days ago

YouTrip Raises $25 Million for a Digital Wallet: Travel Startup Funding This Week

YouTrip Raises $25 Million for a Digital Wallet: Travel Startup Funding This Week

Sean O'Neill, Skift

This week's travel startups, including YouTrip, GetYourGuide, Away, and Anyplace, announced more than $611 million in funding.

1 week ago

IndiGo Founders Feud May Stall Airline’s Growth

IndiGo Founders Feud May Stall Airline’s Growth

Anurag Kotoky, Bloomberg

The last thing India's airline sector needs right now, after the collapse of Jet Airways, is a wobbling strategy by its market leader, IndiGo. Let's hope this founders feud is a tempest in a teapot that passes quickly.

1 week ago

Away Raises $100 Million for Expansion Beyond Selling Luggage

Away Raises $100 Million for Expansion Beyond Selling Luggage

Sean O'Neill, Skift

Away has so far managed the tricky transition to brand extensions beyond suitcases. The established travel goods industry will be watching with envy if the startup can continue to pull off its empire-building.

1 week ago

Tourlane Raises $47 Million for Multiday Tours: Travel Startup Funding This Week

Tourlane Raises $47 Million for Multiday Tours: Travel Startup Funding This Week

Sean O'Neill, Skift

Planning and booking complex international trips remains a pain point, and Tourlane, Skylark, and TravelLocal are part of a growing wave of companies attempting to provide savvier solutions for travelers. Plus: funding news for authentic souvenir aggregator Rare Planet, serviced apartments provider Mint House, and sustainable mobility tech provider TransitScreen.

2 weeks ago

Masabi Raises $20 Million for Ticketing Tech: Travel Startup Funding This Week

Masabi Raises $20 Million for Ticketing Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

Masabi enables cities, such as Denver and Sydney, to sell tickets on public transit via the mobile apps of travel companies like Uber. Meanwhile, Elenium disrupts airport self check-in, Pana pivots into corporate travel, and Sweetguest surfs the growth in management services for vacation rentals.

3 weeks ago

Rentals United Raises $4 Million for Distribution Tech: Travel Startup Funding This Week

Rentals United Raises $4 Million for Distribution Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week’s startup funding announcements reveal broader industry investment themes, such as the need for marketing tools for the owners of short-term rentals and for talent recruitment technology to help fill labor gaps in the tourism industry.

4 weeks ago

Selina Raises $100 Million for Its Millennial-Focused Lodging

Selina Raises $100 Million for Its Millennial-Focused Lodging

Sean O'Neill, Skift

Selina is riding a wave of venture capital investment like a dreadlocked surfer with remarkable poise. Come to Skift Forum Europe to hear CEO Rafael Museri explain how his startup may capsize the traditional hospitality model.

1 month ago

Bizzabo and Gather Raise Millions for Event Tech: Travel Startup Funding This Week

Bizzabo and Gather Raise Millions for Event Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

Two event tech startups, Bizzabo and Gather, have raised millions in funding to help businesses and restaurants manage and grow events. The companies are benefiting from a 2019 Megatrend that Skift summarized as "real-world experiences gain value in an era of tech burnout."

1 month ago

Fosun’s Venture Capital Arm Backs Israeli Booking Site in an Ongoing Travel Push

Fosun’s Venture Capital Arm Backs Israeli Booking Site in an Ongoing Travel Push

Sean O'Neill, Skift

While Western media tends to focus on the funding moves of corporate venture capital arms of regional brands like JetBlue and EasyJet, it’s also important to see how key investment players in Asia, like Shanghai-based Fosun, are investing, such as in Splitty, a hotel booking startup.

1 month ago

Smaller Hotels and Hostels Catch Up on Tech With New Wave of Software Makers

Smaller Hotels and Hostels Catch Up on Tech With New Wave of Software Makers

Sean O'Neill, Skift

The story of software maker Cloudbeds, named the fastest-growing travel and hospitality company in the U.S., points to a broader trend of smaller hotels adopting new tools to manage their properties.

1 month ago