Articles tagged “funding”

TravelPerk Raises $21 Million for Business Travel Bookings: Travel Startup Funding This Week

TravelPerk Raises $21 Million for Business Travel Bookings: Travel Startup Funding This Week

Sean O'Neill, Skift

TravelPerk's and TravelTriangle's fundings are yet a further sign that Skift called it right in our 2018 megatrend predictions. We said companies are investing heavily in treating business travelers as respectable consumers rather than as animals that need prodding like goats.

1 week ago

IfOnly Raises $20 Million for Activities Booking: Travel Startup Funding This Week

IfOnly Raises $20 Million for Activities Booking: Travel Startup Funding This Week

Sean O'Neill, Skift

MasterCard, Hyatt, and others must have done their homework before they invested in IfOnly. Still, the startup certainly expects outsiders to take too much on faith about its progress.

2 weeks ago

Dubai Agency HolidayMe Raises $12 Million: Travel Startup Funding This Week

Dubai Agency HolidayMe Raises $12 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

As winter gives way to spring, at least in the northern hemisphere, startups raised more than $24 million to expand online travel booking and planning in the Middle East and Europe. Just in time for consumers planning summer trips.

3 weeks ago

Skyroam Raises $20 Million for Portable Wi-Fi: Travel Startup Funding This Week

Skyroam Raises $20 Million for Portable Wi-Fi: Travel Startup Funding This Week

Sean O'Neill, Skift

We were skeptical of claims from Skyroam that travelers would pay a premium for seamless mobile Wi-Fi. After all, the internet has become cheap and easy to access in many destinations. But the startup has attracted millions of paying users. The lesson: There's always a premium version of an existing service waiting to be invented.

1 month ago

TurnKey Raises $31 Million as Vacation Home Rental Management Stays Hot

TurnKey Raises $31 Million as Vacation Home Rental Management Stays Hot

Sean O'Neill, Skift

Does yet another big funding round signal that the vacation rental property market is over-heated? Nah. It's reasonable given the huge size of the opportunity and how much investment will be needed to digitize and automate the sector.

1 month ago

Budget Hotel Brand RedDoorz Raises $11 Million: Travel Startup Funding This Week

Budget Hotel Brand RedDoorz Raises $11 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

The concept of a budget brand hotel network that promises consistent amenities has been popularized by India's OYO Rooms. RedDoorz has traction with a similar model in Indonesia, which suggests the model may have legs worldwide.

1 month ago

Tour Tech Startup Redeam Turns to Industry Vets for Funding

Tour Tech Startup Redeam Turns to Industry Vets for Funding

Sean O'Neill, Skift

Redeam doesn't recommend places to visit, call itself "a Facebook for travel", or indulge in other startup pitch clichés. It strives instead to build a solution to a pain point companies will pay to fix — namely, automating paper voucher redemptions for attractions. How refreshingly uncool.

2 months ago

Tours and Activities Companies Raise Over $15 Million This Week

Tours and Activities Companies Raise Over $15 Million This Week

Sean O'Neill, Skift

Some investors think that patience is not only a virtue, but can also be worth a windfall. But waiting for big returns from tours and activities sector companies KKDay, Bookingkit, and TickX — which have received fresh investment rounds — may test their virtue.

2 months ago

RVShare Raises $50 Million: Travel Startup Funding This Week

RVShare Raises $50 Million: Travel Startup Funding This Week

Dan Peltier, Skift

Road trips remain incredibly popular in many parts of the world and are a great way to get off the beaten path. RVShare's new CEO, an ex-HomeAway executive, is likely looking to capture more than the sliver of the market it currently has.

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

Trump Budget Would Fund National Park Maintenance With Drilling Fees

Trump Budget Would Fund National Park Maintenance With Drilling Fees

Dan Peltier, Skift

If Interior Secretary Zinke really wanted to score some points for trying to address the National Park Service's maintenance backlog, he wouldn't make it contingent upon helping the oil industry and big business.

2 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