Articles tagged “funding”

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.

1 day ago

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

Seth Borko, Skift Research

Venture capitalists invested a record amount in travel startups in 2017. The industry is no stranger to disruption, but we may be seeing some of the greatest changes of the last two decades. Our latest research report is a deep dive into these emerging trends with insights for founders, incumbents, and investors.

1 week ago

Chrome River Raises $35 Million for Expense Software: Travel Startup Funding This Week

Chrome River Raises $35 Million for Expense Software: Travel Startup Funding This Week

Sean O'Neill, Skift

It would be bad if Chrome River spent all of its newfound money on travel and entertainment. But at least it would be able to expense it efficiently if it did.

2 weeks ago

Airwallex Closes $19 Million Round for Payments Tech: Travel Startup Funding This Week

Airwallex Closes $19 Million Round for Payments Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, startups raised funding to help simplify cross-border transactions, lend consumers money to book travel, offer airport valet services, map interior spaces, automate back-office processes for rental property managers, and split the booking of multiple-night hotel stays. They'll have a happy New Year for sure.

4 weeks ago

OTA Insight Raises $20 Million for Hotel Rate Analysis: Travel Startup Funding This Week

OTA Insight Raises $20 Million for Hotel Rate Analysis: Travel Startup Funding This Week

Sean O'Neill, Skift

Who needs Santa? This week investors announced more than $179.5 million in funding for startups that specialize in hotel revenue management, baggage transport, and online travel services.

1 month ago

MyVR Raises $6 Million for Rental Property Software: Travel Startup Funding This Week

MyVR Raises $6 Million for Rental Property Software: Travel Startup Funding This Week

Sean O'Neill, Skift

Two startups aiming to help vacation rental property managers, one that helps hoteliers market their neighborhood's attractions to guests, and one that helps give business travelers cash back on purchases together raised $18 million this week.

1 month ago

Vietnamese Agency Vntrip Raises $10 Million: Travel Startup Funding This Week

Vietnamese Agency Vntrip Raises $10 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

After years of following startup funding trends, it's tempting to move to a developing country to start an online travel agency or metasearch company. On the other hand, we can list dozens of reasons not to.

2 months ago

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Bridging the Funding Gap for Travel Startups

Bridging the Funding Gap for Travel Startups

Amadeus + Skift

Research shows that there’s a significant gap between early, mid and later stage funding rounds—unfortunately, it makes sense. The very nature of early vs. middle-to-late stage funding makes it difficult for startups in the travel space to move beyond the beginning stages.

2 months ago

Hostmaker Raises $15 Million for Short-Term Rental Management: Travel Startup Funding This Week

Hostmaker Raises $15 Million for Short-Term Rental Management: Travel Startup Funding This Week

Sean O'Neill, Skift

In the California gold rush, businesses once sold pickaxes to prospectors. In today's vacation rental gold rush, they're selling management services to the property owners. The safest bets are always adjacent services.

2 months ago

Airbnb Rival Xiaozhu Raises $120 Million: Travel Startup Funding This Week

Airbnb Rival Xiaozhu Raises $120 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

The moneyed set looked East this week as China had its second travel unicorn, Xiaozhu, receive a billion-dollar valuation, following in the footsteps of its rival, Tujia, China's first travel unicorn. Meanwhile, Ctrip bought Trip.com

3 months ago

Tours and Activities Site GetYourGuide Secures a $75 Million Funding Round

Tours and Activities Site GetYourGuide Secures a $75 Million Funding Round

Sean O'Neill, Skift

Whoever said there's no money in tours-and-activities may want to have a chat with the folks at Battery Ventures, whose investment in GetYourGuide brings that startup's total funding to $175.5 million.

3 months ago

GuestReady Raises $3 Million for Airbnb Rental Management: Travel Startup Funding This Week

GuestReady Raises $3 Million for Airbnb Rental Management: Travel Startup Funding This Week

Sean O'Neill, Skift

While venture capital funding of startups has dropped steadily since 2012, there are still ideas investors find worth funding, such as for short-term rental management, event venue marketplaces, and hotel distribution.

3 months ago