Articles tagged “funding”

Fly Now Pay Later Raises $42 Million for Loans: Travel Startup Funding This Week

Fly Now Pay Later Raises $42 Million for Loans: Travel Startup Funding This Week

Sean O'Neill, Skift

Uplift and Affirm have seen gains from installment payments for travel purchases in the U.S., and the London-based startup Fly Now Pay Later wants to apply the model in Europe. The concept could help cash-strapped people resume trips.

5 days ago

Hopper Raises Millions More for Its Agency Model: Travel Startup Funding This Week

Hopper Raises Millions More for Its Agency Model: Travel Startup Funding This Week

Sean O'Neill, Skift

Hopper has closed an investment of about $70 million, according to a report. Investor faith in travel appears to endure.

2 weeks ago

Key and Futurestay Bet on Short-Term Rentals: Travel Startup Funding This Week

Key and Futurestay Bet on Short-Term Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

At least a couple of startups raised funding this week. Key helps property managers source vendors for home redesign and maintenance, while Futurestay helps them run their operations more efficiently.

3 weeks ago

Hostel Provider Selina’s New Funding Will Allow It to Survive Crisis: CEO

Hostel Provider Selina’s New Funding Will Allow It to Survive Crisis: CEO

Sean O'Neill, Skift

Selina grew up in a time when private market investors were willing to fund millions in early losses. Money papered over missteps. But managers now face an era that requires strict management discipline. Can it adapt?

3 weeks ago

Frontdesk Raises About $6 Million for Short-Term Rentals: Travel Startup Funding This Week

Frontdesk Raises About $6 Million for Short-Term Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced about $9 million in funding. Lucky companies include Frontdesk, a short-term apartment rental manager, ZuBlu, a booking service for underwater adventures, Arcis Tours, which runs BLive-branded electric bike tours in remote Indian locales, and Privadia, a rental agency for luxury villas.

4 weeks ago

Itilite Raises $13 Million for Business Travel Management: Travel Startup Funding This Week

Itilite Raises $13 Million for Business Travel Management: Travel Startup Funding This Week

Sean O'Neill, Skift

Itilite, a business travel management startup based in India, differs in emphasis from companies like TripActions and Travelperk. It's notable for focusing on mid-size to large companies, rather than small businesses. It also recommends only a few travel options to users on a first search.

1 month ago

Hertz Looks for Financing Help As It Plans to Lay Off 10,000 Employees

Hertz Looks for Financing Help As It Plans to Lay Off 10,000 Employees

Jessica DiNapoli and Mike Spector, Reuters

Hertz is not alone in seeking rescue financing. Will it merge with Avis-Budget? Even if that doesn't happen, the travel industry will witness a wave of consolidation.

1 month ago

Emadri Offers Packing Recommendations for Trips: Travel Startup Funding This Week

Emadri Offers Packing Recommendations for Trips: Travel Startup Funding This Week

Sean O'Neill, Skift

Emadri, which makes money from packing and trip planning, and Hotel Data Cloud, which provides content distribution tools to hotels, have announced seed rounds of funding this week.

1 month ago

ANA Backs Avatar-in for Its Virtual Vacation Tech: Travel Startup Funding This Week

ANA Backs Avatar-in for Its Virtual Vacation Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

All Nippon Airways has invested in Avatar-in, a startup that lets travelers use remote-controlled robots to see experiences far from them. Meanwhile, Eddy Travels, a digital booking assistant, has raised funding, too, despite the crisis. Keep hope alive.

2 months ago

Airbnb Grabs $1 Billion Investment From Silver Lake and Sixth Street Partners

Airbnb Grabs $1 Billion Investment From Silver Lake and Sixth Street Partners

Dennis Schaal, Skift

Silver Lake and Sixth Street likely got a very attractive deal in exchange for their investment.

2 months ago

Air Doctor, Hotelmize, and Huilianyi Get Backing Despite Crisis: Travel Startup Funding This Week

Air Doctor, Hotelmize, and Huilianyi Get Backing Despite Crisis: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups Air Doctor (which helps travelers find doctors overseas), Hotelmize (which helps bedbanks automatically rebook hotel rooms when rates drop), and Huilianyi (a business travel expense manager), announced rounds of investment this week, in a bit of good news.

2 months ago

Lilium Raises $240 Million for Flying Taxis: Travel Startup Funding This Week

Lilium Raises $240 Million for Flying Taxis: Travel Startup Funding This Week

Sean O'Neill, Skift

Take a break from all the bad news and dream about flying taxis.

2 months ago