Articles tagged “thayer”

Online Travel

Inspirato to Go Public in $1.1 Billion Thayer Ventures Blank Check Merger

It's the latest validation of the subscription model in travel. Inspirato, which has 12,500 customers paying for its luxury travel subscription products, is merging with Thayer's special purpose acquisition company, or SPAC.

Inspirato to Go Public in $1.1 Billion Thayer Ventures Blank Check Merger

Online Travel

Thayer Ventures to Set Up $175 Million Company to Shop for Travel Acquisitions

This is now the third "blank check" company in three months to say it will buy and invest in travel companies. The sudden spike in such financial innovation underscores investor faith that the travel sector offers many bargains and promising opportunities right now.

Thayer Ventures to Set Up $175 Million Company to Shop for Travel Acquisitions

Online Travel

Thayer Ventures Closes $80 Million Fund to Back Travel Startups

Expect investments in travel startups to hit their lowest levels in total amounts since the global financial crisis a decade ago. But when less capital is chasing deals, persistent venture capital firms may have a better shot at nurturing long-term bets.

Thayer Ventures Closes $80 Million Fund to Back Travel Startups

Online Travel

Beekeeper Raises $45 Million for Online Chat for Non-Desk Hotel Workers

To understand the startup Beekeeper, think of workplace communications tools like Slack or Microsoft Teams. The service helps hourly workers without desktop computers, such as housekeepers, stay up-to-date. The fresh funding underscores a recent boom in hotel tech investment.

Beekeeper Raises $45 Million for Online Chat for Non-Desk Hotel Workers

Online Travel

Thayer Ventures’ New Travel Tech Fund Will Be Cautious About Consumer Startups

Despite the recent attempts at corporate venture capital by JetBlue, Booking.com, and other big players, many travel companies prefer to invest in startups via traditional venture funds instead.

Thayer Ventures’ New Travel Tech Fund Will Be Cautious About Consumer Startups

Online Travel

Vacation Rental Distributor BookingPal Attracts $5 Million in Funding

The global distribution world has long offered vacation rentals to travel agents but the investments by Amadeus Ventures and former Sabre CFO Jeff Jackson in BookingPal symbolize new and more serious interest.

Vacation Rental Distributor BookingPal Attracts $5 Million in Funding