Articles tagged “fundings”

News Blog

Startup Volantio Closes $6 Million Funding Round With Help From Alaska Airlines and JetBlue

Volantio, an optimization startup that has many airline customers, said on Thursday it had closed a $6 million Series A fundraising. DiamondStream Partners, an aviation and aerospace venture capital firm, led the round in the Atlanta-based company. Alaska Airlines, one of Volantio's customers, also took an equity stake. JetBlue Technology Ventures, IAG, Amadeus Ventures, and…

Online Travel

Booking’s Connected Trip Vs. Hopper’s Fintech Strategies

Booking Holdings and Hopper are attacking travelers' anxieties in wildly divergent ways. Booking is trying to soothe them, while Hopper doesn't mind a little angst if it means more fintech revenue.

Booking’s Connected Trip Vs. Hopper’s Fintech Strategies

Short-Term Rentals

JetBlue Technology Ventures Joins Property Manager Frontdesk’s $13 Million Financing Round

JetBlue's corporate venture capital wing has already picked some winners in the short-term rental sector. That's some progressive thinking for an airline, and Frontdesk wouldn't mind bolstering that record.

JetBlue Technology Ventures Joins Property Manager Frontdesk’s $13 Million Financing Round

News Blog

Guesty Raises $170 Million for Short-Term Rental Management Software

Guesty, which makes software for managing short-term rentals and other travel lodging, said on Tuesday it had raised $170 million in a Series E round of funding. Apax Digital Funds, MSD Partners, and Sixth Street Growth led the round, while existing investors Viola Growth and Flashpoint also took part. Guesty said it was on track…

News Blog

Travel Tech Firm Skipper Raises $5 Million to Help Indie Hotels

Skipper, a hospitality tech startup that offers direct booking tools for hotels, came out of stealth on Friday with a $5.8 million seed round.  Google’s Gradient Ventures led the round. Other investors taking part include Pear.VC, Wayfinder, Uncommon Capital, ERA, angels Ryan Simonetti (Convene), Neil Parikh (Casper), and Aaron Frank (Final). Here's how the startup describes itself:…

News Blog

Travel Startup Boatsetter Raises $38 Million

Boatsetter, which offers more than 50,000 personal watercraft for rental along with activities like wakeboarding, said on Monday it had raised $38 million in Series B funding. Level Equity participated in the round. The same firm recently helped vacation rental property manager Vacasa go from startup to public company. The Miami-based Boatsetter believes it can…

News Blog

Saudi Arabia Taps New $400 Million Fund to Help Build Ennismore Branded Lifestyle Hotels

Saudi Arabia's tourism development fund said it would help invest in the building of lifestyle hotels in the kingdom through a new hotel investment fund worth $400 million (1.5 billion Saudi riyals) that Al Rajhi Capital will manage. Ennismore, a lifestyle hospitality joint venture with Accor, will pinpoint locations, provide financing options, and lead the…

News Blog

Travel Startup Caravelo Raises About $3 Million in Funding for Travel Subscriptions Tech

Caravelo, a startup specializing in travel subscription services, said on Monday that it had received approximately $3 million (€3 million) in funding from Banco Sabadell via Sabadell Venture Capital and Inveready Venture Finance. Caravelo, based in Barcelona, said it had seen revenue from its travel subscription solutions double in the first half of the year.…

Startups

Evolve Raises $100 Million for Vacation Rentals: Travel Startup Funding This Week

This week, travel startups announced more than $690 million in debt and equity investment, including capital support for vacation rental players AvantStay, Evolve, and Plum Guide.

Evolve Raises $100 Million for Vacation Rentals: Travel Startup Funding This Week

Short-Term Rentals

AvantStay Creates a $500 Million Fund for Investing in Short-Term Rentals

Nothing underscores how mainstream vacation rentals have become as seeing institutional investors get in on the action.

AvantStay Creates a $500 Million Fund for Investing in Short-Term Rentals