Startups

Uplift Raises $123 Million to Broaden Its Travel Loan Services

Uplift Raises $123 Million to Broaden Its Travel Loan Services

Sean O'Neill, Skift

The old idea of payments in monthly installments is seeing new life in the U.S. online travel sector. Uplift is one of the leading tech vendors powering loans to travelers for buying from airlines such as Spirit and search sites like Kayak. Expect a lot of marketing around this in 2019.

16 hours ago

Outdoorsy Raises $50 Million for RV Bookings: Travel Startup Funding This Week

Outdoorsy Raises $50 Million for RV Bookings: Travel Startup Funding This Week

Sean O'Neill, Skift

Outdoorsy, an outdoor recreational vehicle marketplace, has raised $50 million in Series C funding. Plus, more travel startup funding news this week from esports brand ReKTGlobal, social trip-tracking company Polarsteps, and South Africa-based public transport data and technology startup WhereIsMyTransport.

6 days ago

RainFocus Raises $40 Million for Event Tech: Travel Startup Funding This Week

RainFocus Raises $40 Million for Event Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced funding for event management tech (RainFocus and B Network), luggage with power ports (Horizn Studios), short-term rental booking in Vietnam (Luxstay), and travel rewards tools for financial companies (Upgrade Pack).

2 weeks ago

Nezasa Raises $2.5 Million for Agency Software: Travel Startup Funding This Week

Nezasa Raises $2.5 Million for Agency Software: Travel Startup Funding This Week

Sean O'Neill, Skift

Nezasa, a provider of booking tools for travel agents, and Halan, an Egyptian ride-hailing service for tuk-tuks and motorcycles, have recently received funding.

3 weeks ago

Germany Makes Strides to Become ‘Europe’s Silicon Valley’ for Travel Startups

Germany Makes Strides to Become ‘Europe’s Silicon Valley’ for Travel Startups

Sean O'Neill, Skift

Germany's travel startup scene used to be barely breathing. But with the fundings of HomeToGo, GoEuro, and Tourlane this year, the country's day in the sun has arrived thanks to a few factors, including more funding, bolder thinking, and better mentorship.

4 weeks ago

AvantStay Raises $5 Million for Short-Term Rentals: Travel Startup Funding This Week

AvantStay Raises $5 Million for Short-Term Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

This week's travel startup funding announcements included bets on the popular themes of vacation rentals, co-living, corporate and business travel, and expense management.

1 month ago

Noken Raises $2.5 Million for Trip Planning: Travel Startup Funding This Week

Noken Raises $2.5 Million for Trip Planning: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $114 million in funding, including WhyHotel, Oyo, Noken, and Wow Venue.

1 month ago

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

Sean O'Neill, Skift

To quote a smart venture capitalist, "Just because investment money is pouring in doesn’t mean all bets are good bets!” WhyHotel itself may be a well-run business, but the sudden rush of venture money into a full array of hospitality businesses does raise eyebrows overall.

1 month ago

Tourlane Raises $24 Million for Multi-Day Tour Booking: Travel Startup Funding This Week

Tourlane Raises $24 Million for Multi-Day Tour Booking: Travel Startup Funding This Week

Sean O'Neill, Skift

This week investors bet more than $104 million on companies that help people plan trips (Tourlane, SnapTravel, Fineway, and AsiaYo), recruit hotel workers (Hosco), create adventure travel content (Roam), and book medical tourism (Hospals).

2 months ago

HomeToGo Buys a Near-Death Tripping in Vacation Rental Rollup

HomeToGo Buys a Near-Death Tripping in Vacation Rental Rollup

Sean O'Neill and Dennis Schaal, Skift

The acquisition of once-high-flying Tripping.com as a distressed asset was a losing deal for investors. It's not clear what the payoff will be for HomeToGo acquiring a Silicon Valley rival at vacation rental price-comparison. HomeToGo faces daunting expectations now, having raised $150 million.

2 months ago

SnapTravel Raises $21 Million With an Assist From NBA Star Steph Curry

SnapTravel Raises $21 Million With an Assist From NBA Star Steph Curry

Natalie Wong, Bloomberg

The travel industry startup ecosystem could use some fresh ideas, so we salute new investors placing bets like Steph Curry, the basketball star playing for the Golden State Warriors. Curry's investment in SnapTravel, a messaging-based hotel booking tool, holds promise but the outcome remains uncertain for the company, which has raised $22.4 million to date.

2 months ago

Bidroom Raises $17 Million for Its Hotel Booking Platform: Travel Startup Funding This Week

Bidroom Raises $17 Million for Its Hotel Booking Platform: Travel Startup Funding This Week

Sean O'Neill, Skift

Bidroom, one of Skift's Top Startups to Watch in 2018, aims to challenge traditional online travel agencies with an Amazon Prime-like subscription model. Plus, fundings galore for Festicket, GlobalTix, Zizoo, Hotel Effectiveness, Loisirs Enchères, Bookaway, LokaLocal, and Vacation With an Artist.

2 months ago