Startups

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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.

1 month 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 month 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.

1 month 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.

1 month 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.

2 months 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.

2 months 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.

2 months ago

Stay Alfred Raises $47 Million for Serviced Rentals: Travel Startup Funding This Week

Stay Alfred Raises $47 Million for Serviced Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

Combined with earlier deals, Stay Alfred shows that a convergence in hospitality is upon us.

2 months ago

CrowdRiff Raises $9 Million for Visual Marketing: Travel Startup Funding This Week

CrowdRiff Raises $9 Million for Visual Marketing: Travel Startup Funding This Week

Sean O'Neill, Skift

A wave of fundings is helping startups like CrowdRiff and Travel Appeal develop tools to help travel marketers be more efficient.

2 months ago

Hopper Raises $100 Million More for Airfare and Hotel Rate Prediction

Hopper Raises $100 Million More for Airfare and Hotel Rate Prediction

Sean O'Neill, Skift

Hopper's survival is a testament to the perseverance of its founders, though it's an understatement to say it takes them a long time to scale their products up. The startup is also now overpriced, based on its funding, for most potential acquirers — except maybe for Airbnb.

2 months ago

Vacasa Snaps Up Hyatt-Backed Luxury Rental Brand Oasis

Vacasa Snaps Up Hyatt-Backed Luxury Rental Brand Oasis

Sean O'Neill, Skift

Despite everyone's happy talk, this deal smells like Hyatt was disenchanted by Oasis' performance and eager to unload its investment stake. That aside, the deal boosts Vacasa in an area where it has been underserved to date.

3 months ago

Travelsify Raises $5.8 Million for Hotel and Restaurant Tech: Travel Startup Funding This Week

Travelsify Raises $5.8 Million for Hotel and Restaurant Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

Accor's backing of Travelsify is eye-opening. It suggests that the hotel giant will take advantage of the startup's artificial intelligence-powered engine, which collects data about hotels, restaurants, and vacation rentals to boost online marketing and discovery.

3 months ago