Aviasales Raises $43M in Funding
– Aviasales from Moscow is a TravelTech company.
– Company raised $43m in funding.
– The round was led by Elbrus Capital Fund III and iTech Fund II.
– The new investment will be used to launch new products and further develop its corporate travel service, Travelpayouts, a global platform for automated affiliate marketing.
Wheel the World raises $2M to provide unlimited experiences for travelers with limited accessibility
– Wheel the World, a travel booking site, raised $2m in seed funding.
– The round was led by Chile Global Ventures and Dadneo, with the support of Plug N Play Tech Center and YouTube CEO Susan Wojcicki.
– The company will also work with hotels and tours to attract this new segment of travelers and how to work with people who have disabilities.
Exoticca Closes $30M Series C Funding Round
– Exoticca from Barcelona is specialized in multi-day package tours.
– The company raised $30m in Series C funding.
– The round was led by 14W and Mangrove Capital Partners with participation from Aldea Ventures and existing investors such as Milano Investment Partners SGR, K Fund, Bonsai Partners, Kibo Ventures and Sabadell Venture Capital.
– The new investment will be used to invest in technology and product with the objective of further automating the booking process and enhancing the travelers’ experience.
Bimble Raises $2.48M in Seed Funding
– Bimble is a community-led app to collect, organize and share great little places.
– The company recently raised $2.48m in seed financing led by Dimitris Panagopoulos, with participation from angel investors Vikram Kumar of Kuvari Partners, Betfair co-founder, Mark Davies, and others whose portfolio companies include Pinterest, Culture Trip, Deliveroo, Hello Fresh, and Boden.
– The new investment will be used to grow the team across product development, marketing, design and engineering teams, invest in the development of talent through the UK’s kickstarter program, and continue building out key components of the app to offer an enhanced user experience.
Stayflexi Raises $1.6M in Seed Funding
– Stayflexi from San Francisco develops an on-demand and contactless check-in/check-out process to automate and integrate hotel and vacation stay processes and operations end to end.
– The company raised $1.6m in funding.
– The round was led by Y Combinator, Agya Ventures, BlueField Capital, Asymmetry Ventures, and Good News Ventures and individual investors PagerDuty co-founder Baskar Puvanathasan, Squarefoot Inc. co-founder Jonathan Wasserstrum, and COO of Incuspaze Mohit Srivastava.
– The new investment will be used to expand the company’s operations and business reach.
eola Raises $2.8M in Funding
– eola is a London, UK-based operating system for experience providers.
– The company raised $2.8m in Series A funding.
– The round was led by Pentech Ventures, with participation from Techstars and leaders in travel and technology.
– The new investment will be used to expand the company’s technology, team and commercial presence.
Redeam Announces a $12M Series B
– Redeam has completed a $12M Series B funding raise.
– The raise was led by Vertical Venture Partners and Thayer Ventures.
– The round included participation from existing investors Peninsula Ventures and Cobre Capital, as well as the addition of new investor Boulder Ventures.
Butter Closes £15.8M Funding Round
– Butter is a London, UK-based fintech platform creating a Buy Now Pay Later (BNPL) travel agency.
– Company raised £15.8m in funding.
– The round was led by BCI Finance, the credit arm of London based venture builder Blenheim Chalcot, as well as a number of other private angel investors.
– The new investment will be used to accelerate the rollout of Butter’s open-banking based BNPL shopping app.
Luxury air travel startup Aero raises $20M
– Aero, a startup backed by Garrett Camp’s startup studio Expa, has raised $20m in Series A funding.
– The round was led by Keyframe Capital, with Keyframe’s chief investment officer John Rapaport joining the Aero board.
– Cyrus Capital Partners and Expa also participated.
Harvest Hosts Scoops Up $37M Growth Investment
– Harvest Hosts from San Francisco has announced a $37m growth investment from Stripes.
– As road travel and the RV industry experience a major surge, the investment will enable the company to drive its continued expansion of host locations to connect travelers with safe, one-of-a-kind overnight experiences, while supporting small businesses.
Travel startup GetYourGuide secures $97M revolving credit facility
– Travel startup GetYourGuide secured $97m financing.
– The financing was led by UniCredit, with CitiGroup, Silicon Valley Bank, Deutsche Bank and KfW also participating.
– The capital could be used potentially for normal business expenses, for acquisitions or investments, or other strategic initiatives, such as more investment into the company’s in-house Originals tour operations or new services to book last-minute experiences.
– The company is seeing an increasing number of deals valued at over $1 million.
