Startups

VW-Backed Gett Ponders Its Strategy as Other Ridehailing Apps Pull Ahead

VW-Backed Gett Ponders Its Strategy as Other Ridehailing Apps Pull Ahead

Giles Turner, Ruth David, and Manuel Baigorri, Bloomberg

Tel Aviv-based Gett aims to overtake Uber and Lyft. But some investors like Volkswagen and Vostok, a Swedish fund manager, aren't adding in more money. The lack of capital is hindering the startup's pace.

10 hours ago

Tiqets Raises $23 Million for Museum Ticketing: Travel Startup Funding This Week

Tiqets Raises $23 Million for Museum Ticketing: Travel Startup Funding This Week

Sean O'Neill, Skift

Tiqets tackled the hard problem of helping many museums that lacked tech savvy to adopt modern sales techniques. Now it's seeing a payoff. In other news, events tech company Headbox and online travel agency Sastaticket raised money.

3 days ago

Lufthansa’s Digital Hub Launches Software Unit to Help Others Sell Travel Better

Lufthansa’s Digital Hub Launches Software Unit to Help Others Sell Travel Better

Sean O'Neill, Skift

Lufthansa Group has responded to digital disruption by creating a company within a company, Yilu. The group's low-cost carrier Eurowings has already begun using the subsidiary's tools for cross-selling taxi rides.

5 days ago

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Last Day to Apply to Skift’s 2018 Air Pitch Startup Competition

Last Day to Apply to Skift’s 2018 Air Pitch Startup Competition

Accenture Amadeus Alliance + Skift

Don’t miss your chance! There’s still time to apply to our 2018 startup competition.

4 months ago

Max Levchin’s Affirm Brings Installment Payments to Travel

Max Levchin’s Affirm Brings Installment Payments to Travel

Julie Verhage, Bloomberg

PayPal co-founder Max Levchin said his new startup Affirm is piloting a new product where consumers can pre-qualify for a 20-day period with a specific merchant to add on items as they build out their trip, such as flights, hotels, rental cars, seat upgrades. The new effort will bring stiff competition to other startups like Uplift, Airfordable, and AirWallex.

5 days ago

Sojern Raises $120 Million to Fund Travel Tech Expansion

Sojern Raises $120 Million to Fund Travel Tech Expansion

Sean O'Neill, Skift

Travel startups are receiving remarkable investor interest this year, suggesting a bit of irrational exuberance. But in Sojern's case, fundraising can be seen as recognition of a company that's taken years to build consistent, profitable growth. Its tools could be scaled up to address a multi-billion-dollar market.

6 days ago

PredictHQ Raises $10 Million for Event Analysis: Travel Startup Funding This Week

PredictHQ Raises $10 Million for Event Analysis: Travel Startup Funding This Week

Sean O'Neill, Skift

PredictHQ, which helps travel companies like Booking.com and Qantas anticipate surges in demand, was joined by other startups in announcing investments this week, including Hotelmize, Journy, KKday, and Smartvel.

1 week ago

TripActions Brings in Silicon Valley Heavyweight to Lead $154 Million Investment Round

TripActions Brings in Silicon Valley Heavyweight to Lead $154 Million Investment Round

Sean O'Neill, Skift

Renowned venture capital firm Andreessen Horowitz has famously pushed the notion that "software is eating the world." It seems likely the firm believes software is now going to upend how companies book travel, in particular, and that companies like TripActions will profit from the shift.

2 weeks ago

AppZen Raises $35 Million for Expense Automation: Travel Startup Funding This Week

AppZen Raises $35 Million for Expense Automation: Travel Startup Funding This Week

Sean O'Neill, Skift

AppZen wants to remove the stress from filing monthly expense reports at companies worldwide, and it applies artificial intelligence to address the problem in a way that sounds compelling.

2 weeks ago

GoEuro Raises $150 Million for Transportation Search: Travel Startup Funding This Week

GoEuro Raises $150 Million for Transportation Search: Travel Startup Funding This Week

Sean O'Neill, Skift

Naren Shaam, CEO and founder of GoEuro, is earning kudos for his vision of making transport booking seamless. Top-tier investors are once again supporting his startup's growth.

3 weeks ago

TravelPerk Raises $44 Million for Biz Trip Management: Travel Startup Funding This Week

TravelPerk Raises $44 Million for Biz Trip Management: Travel Startup Funding This Week

Sean O'Neill, Skift

TravelPerk’s funding further supports Skift's 2018 Megatrend that companies are becoming more interested in booking systems that more directly serve business travelers.

1 month ago

Vacasa Raises $64 Million More for Vacation Rental Management

Vacasa Raises $64 Million More for Vacation Rental Management

Sean O'Neill, Skift

Venture capital has awoken in a big way to the potential of vacation rental property managers.

1 month ago