Venture Capital

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Europe Is an Excellent Testbed for the Future of Travel, Say Investors and Entrepreneurs

Europe Is an Excellent Testbed for the Future of Travel, Say Investors and Entrepreneurs

Sean O'Neill, Skift

Defying conventional wisdom in the U.S., leading venture capitalist and the founders of two venture-backed companies -- Trainline and GetYourGuide -- believe that Europe is an excellent testbed for creating travel companies that can scale globally. They make their case well.

1 year ago

The Venture Capital Funding Gap in European Travel

The Venture Capital Funding Gap in European Travel

Dave Montali, Skift

Venture capital's returns are usually achieved in the long-term, a great match for pension funds. However, European pension funds are still reluctant to allocate money to VC, considering it a risky venture.

1 year ago

New Skift Research Report: European Venture Investment Trends in the Travel Industry 2017

New Skift Research Report: European Venture Investment Trends in the Travel Industry 2017

Luke Bujarski, Skift

Europe is finally warming up to the American-style, risk big and risk early venture investment culture that has given birth to so many tech megabrands out of Silicon Valley.

1 year ago

OAG Gets Sold Again as it Pushes its Flight Schedule and Forecasting Service

OAG Gets Sold Again as it Pushes its Flight Schedule and Forecasting Service

Sean O'Neill, Skift

OAG was taken over by private equity in 2013, which retrofitted it with a focus on airline data services. But this once legendary brand will face tough competition from FlightGlobal and other players.

1 year ago

5 Travel Startups Rethinking Car Rentals Beyond Sharing

5 Travel Startups Rethinking Car Rentals Beyond Sharing

Sean O'Neill, Skift

A cluster of comparatively under-the-radar startups have caught our notice: Two let travelers book specific cars on lots rather than broad vehicle categories (like "compact"), two are bringing metasearch to car rentals, and one is a hidden jewel of Hawaii's tech scene.

1 year ago

TravelTriangle and Lola Each Raise $10 Million More: Travel Startup Funding This Week

TravelTriangle and Lola Each Raise $10 Million More: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, TravelTriangle, an India-based online marketplace for travelers and agents, receives a fresh round of funding that brings its total raised to $19.9 million, while Lola, Paul English's startup for giving travel agents technological superpowers, has added $10 million to its Series B.

2 years ago

Oasis Receives $2.5 Million for Its Hotel-Style Home Rentals: Travel Startup Funding This Week

Oasis Receives $2.5 Million for Its Hotel-Style Home Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

Last year, AccorHotels took a 30 percent equity share in Oasis, a curated marketplace for luxury rental properties, while also investing in similar concepts like OneFineStay and Squarebreak. This week Oasis received $2.5 million from an "undisclosed investor." We wonder who might that be.

2 years ago

iCars Buys Limos.com in Crowded Corporate Travel Ground Transport Market

iCars Buys Limos.com in Crowded Corporate Travel Ground Transport Market

Sean O'Neill, Skift

The iCars merger with Limos.com could make the combined company a viable competitor against Blacklane and GroundLink, leaders in private car aggregation for corporate travelers. But all the companies need to step up their games.

2 years ago

5 New Travel Startups From China That Challenge the Status Quo

5 New Travel Startups From China That Challenge the Status Quo

Sean O'Neill, Skift

Chinese travel startups are innovating, not cloning, these days. For instance, Zanadu is using virtual reality to sell luxury travel in real world shops, Baoku is bringing integrated workflows to corporate travel planners, and Aipinji is applying an Uber-like user interface to an old-school wholesaler model.

2 years ago

TripActions Raises $14 Million to Trim Rogue Bookings: Travel Startup Funding This Week

TripActions Raises $14 Million to Trim Rogue Bookings: Travel Startup Funding This Week

Sean O'Neill, Skift

TripActions' funding adds buzz to a category of startups aiming to incentivize travelers to book travel more cheaply, while Bluesmart's fresh funding validates the electronic luggage category.

2 years ago

Stay Alfred Raises $15 Million to Bring Hotel Service to Short-Term Rentals: Travel Startup Funding This Week

Stay Alfred Raises $15 Million to Bring Hotel Service to Short-Term Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

Stay Alfred's $15 million Series A funding may pale next to the roughly $3 billion that Airbnb has raised. But the company — which services apartment rentals and aims for hotel-quality service — is part of a thriving wave of vendors providing an ecosystem of services around short-term urban rentals.

2 years ago

Airbnb Is in the Hunt for a $1 Billion Round of Funding

Airbnb Is in the Hunt for a $1 Billion Round of Funding

Olivia Zaleski, Bloomberg

On one hand extra cash in the bank helps when your IPO is hampered by regulatory challenges. On the other it's a testament to investors' faith in a great product. And sometimes it is both.

2 years ago