Startups

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TripActions Raises $51 Million Series B for Its Business Travel Service

TripActions Raises $51 Million Series B for Its Business Travel Service

Sean O'Neill, Skift

Talk about using incentives to change behavior. Is the threat of obsolescence due to new technology and startup business models enough to prompt incumbent travel management companies such as Egencia and Carlson Wagonlit to adapt?

2 months ago

WeTravel Raises $2 Million: Travel Startup Funding This Week

WeTravel Raises $2 Million: Travel Startup Funding This Week

Dan Peltier, Skift

WeTravel finds itself in a competitive payments market. The company had a good first year, and expanding to larger travel companies is likely on its to-do list.

2 months ago

Duetto Raises $80 Million to Give Hotel Booking an E-Commerce Makeover

Duetto Raises $80 Million to Give Hotel Booking an E-Commerce Makeover

Andrew Sheivachman, Skift

Duetto has raised more money to ramp up its operations and continue to develop its hotel revenue management platform. The space is crowded, but powerful software-as-a-service tools are needed desperately by hotel revenue managers.

2 months ago

Ridesharing Startups Raised $28 Billion in 2017 Despite Tighter Restrictions

Ridesharing Startups Raised $28 Billion in 2017 Despite Tighter Restrictions

Mark Chediak, Bloomberg

Uber grabs the headlines. But this year expect money to pour into other mobility-themed companies, including ones focused on car-pooling, peer-to-peer car rentals, and bike-sharing.

3 months ago

Joymode Raises $14 Million for Gear Rental: Travel Startup Funding This Week

Joymode Raises $14 Million for Gear Rental: Travel Startup Funding This Week

Sean O'Neill, Skift

Investors are finally backing companies that are tackling relatively remote corners of the travel market, such as Joymode's rentals of gear for camping, beach holidays, and road trips, and Busbud's sales of intercity bus tickets.

3 months ago

Airline Data Powerhouse Buys Routehappy in Bid for Transformation

Airline Data Powerhouse Buys Routehappy in Bid for Transformation

Andrew Sheivachman, Skift

Who says you can't teach an old dog new tricks? ATPCO's first acquisition in its 53-year history shows that rich content will play a huge role in the air distribution marketplace.

3 months ago

New Skift Research Analyst Session: Venture Investment Trends In Travel

New Skift Research Analyst Session: Venture Investment Trends In Travel

Seth Borko, Skift Research

The travel startup landscape is more dynamic than ever. Not every company will succeed, but travel leaders need to know where these new entrants see cracks in the incumbent armor. Subscribe to Skift Research to learn more.

3 months ago

Tales From the Crypto: The Wild World of Travel Blockchain Startups

Tales From the Crypto: The Wild World of Travel Blockchain Startups

Andrew Sheivachman, Skift

Some entrepreneurs and scammers are treating initial coin offerings like get-rich-quick schemes, and the travel distribution ecosystem isn't immune. Beware of people who say they can totally disrupt the travel industry, especially if they don't even understand how the industry works.

3 months ago

Blacklane Raises $40 Million: Travel Startup Funding This Week

Blacklane Raises $40 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

Laughing all the way to the bank is even more fun when you're in the back seat of a chauffeured car. The founders of the Berlin-based professional driver service Blacklane have received significant funding from an investor in the Gulf States, a growing regional source of investment for travel companies.

3 months ago

EasyJet Tightens Its Relationship With Travel Startups

EasyJet Tightens Its Relationship With Travel Startups

Sean O'Neill, Skift

We keep waiting for conclusive proof that accelerators aren't just kindergartens for entrepreneurs. But the early word from easyJet and Founders Factory is upbeat.

3 months ago

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Seth Borko, Skift Research

Emerging technologies, like artificial intelligence and blockchain, have yet to make the leap from buzzword to mainstay, but have the potential to disrupt travel incumbents. The big players will have ample opportunity to adapt, though, and leading startups can play a role in helping executives grapple with when and how to implement these technologies.

3 months ago

Vacation Rental Search Startups Face Intensifying Rivalry

Vacation Rental Search Startups Face Intensifying Rivalry

Sean O'Neill, Skift

Tripping, a leader among vacation rental price-comparison startups, is facing fierce competition from rivals like HomeToGo, Holidu, and Hundredrooms thanks to a flurry of fundings in the past year.

3 months ago