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Marketplace Mobile North America Travel

Headout raises $12M, plans to hire 150+ people as domestic travel rebounds

– Travel startup Headout raised $12m in funding.
– The round was led by Glade Brook Capital and included participation from returning investors Version One Ventures, Nexus Venture Partners, FJ Labs, 500 Startups, Haystack and Ludlow Ventures, and new investors Espresso Capital and Practical VC.
– The company plans to expand into 300 cities, product development and its product, business, marketing and operations teams.
– It plans to hire more than 150 employees around the world and is also looking for opportunities to acqui-hire travel and entertainment startups.

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Adventure Travel North America Tourism Travel

YouTravel.Me packs up $1M to match travelers with curated small group adventures

– YouTravel.Me, a travel marketplace, raised $1m in funding.
– The round was led by Starta VC and joined by Liqvest.com, Mission Gate and a group of individual investors.
– The company plans to use the funding to expand its platform to international sales in 2020.

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North America Travel

General Catalyst, Abstract back Wanderlog’s $1.5M round for collaborative travel

– Wanderlog, a travel itinerary maker and road trip planner, raised $1.5m in seed funding.
– The round was led by General Catalyst and Abstract Ventures.
– The company plans to use the new funding to expand its web and mobile app features, including offering restaurant recommendations, based on Google and Yelp reviews, for those who don’t want to do a bunch of searching and reading reviews.
– The founders declined to share growth metrics, but said the platform is already facilitating thousands of trips per week.
– Customers are already sharing with the founders that the app is good for communication among a large group, where everyone can see what the plans are and discuss them.

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Consumer Lifestyle North America Travel

Thatch using $3M round to put travel creators on the map

– Thatch, a travel company, raised $3m in Seed II funding.
– The round was led by Wave Capital and joined by Freestyle VC’s Jenny Lefcourt and Netflix co-founder Marc Randolph.
– It brings Thatch’s total investment to $5.2m since the company was founded by West Askew, Abby West and Shane Farmer in 2018.
– The company intends to hire additional engineers, build out new content and launch new features for selling or earning tips on interactive guides that creators produce in the app.

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Car Sharing Internet Mobile Apps Ride Sharing Sharing Economy Sub-Saharan Africa Transportation Travel

Mobility startup Plentywaka picks up $1.2M seed, acquires Ghana’s Stabus

– Plentywaka, a mobility startup, raised $1.2m seed funding.
– The round was led by Canadian VC firm The Xchange and joined by SOSV, Shock Ventures, Techstars Toronto, Argentil Capital Partners, ODBA & Co Ventures, and angel investors.
– The company acquired Ghanaian mobility startup Stabus.

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E-Commerce Platforms North America Travel

How this travel startup raised $5M from ex-CEOs of Orbitz and Vacasa in the middle of a pandemic

– TrovaTrip, a travel planning company, raised $5m funding.
– The round was led by PSL Ventures and joined by Barney Harford, the former CEO of Orbitz, and Eric Breon, founder and former CEO of Vacasa.
Elevate Capital and Oregon Venture Fund also invested.
– The company runs a marketplace that matches travel group hosts with travelers.
– It makes money by charging a 10% service fee and 2.9% credit card transaction fee to the travelers.

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Apps Big Data Mobile Apps North America Predictive Analytics Travel

Hopper Raises $175M in Series G Funding

– Hopper is a mobile-first travel marketplace which leverages massive amounts of data and machine learning to develop fintech solutions for customers to travel and save money.
– The company completed a $175m Series G financing.
– The round was led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice.
– The new investment will be used to continue to expand operations and its business reach and customer support.

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Boating North America Travel

Anchor Yacht Rentals Raises $2.5M in Funding

– Anchor Yacht Rentals from Tampa FL provides a marketplace that connects a community of Captains and boat owners with people in search of on-the-water experiences.
– The company has raised $2.5M in funding.
– The round was led by Silverton Partners.
– The new investment will be used to extend its presence across major US and international travel markets.

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Hospitality Southeast Asia Tourism Transportation Travel

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.

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E-Commerce North America Tourism Travel

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.

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Adventure Travel Leisure North America Search Engine Social Network Travel

Elude raises $2.1M to show spontaneous travelers the best destinations for their budgets

– Elude, a travel discovery mobile app, launched its platform.
– The platform’s personalized onboarding experience customizes trip packages and offers future travel suggestions based on those preferences.
– The company taps into the same flight and hotel databases that all online travel companies use that store hundreds of thousands of flights and hotels and only suggests hotels with 3.5 stars and above.
– The co-founders have now raised $2.1 million in seed funding led by a group of investors including Mucker Capital, Unicorn Ventures, Upfront Scout Fund, StartupO, Grayson Capital and Flight VC.

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Enterprise Software Transportation Travel Western Europe

Zeelo Raises $12M in Funding

– Zeelo from London is a smart commuter mobility platform for organizations.
– Company raised $12m in funding.
– The round was led by ETF Partners, with participation from InMotion Ventures and various angel investors including Neil Smith, Founder of Transit Systems.
– The company intends to use the funds to accelerate US, European and African expansion, as well as rolling out its technology platform as a SaaS solution to fleet operator partners.

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Adventure Travel Reservations Tourism Travel Western Europe

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.

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Apps Mobile Mobile Apps North America Parking Travel

Spot Raises $17.5M in Funding

– Spot is an Austin, TX-based tech startup providing digital, on-demand injury insurance.
– The company raised $17.5m in funding.
– The round was led by GreatPoint Ventures, with participation from Montage Ventures, Mutual of Omaha, MS&AD, and Silverton Partners.
– The new capital will be used to grow the team, forge new partnerships, and ramp up marketing efforts.

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Hospitality Information Technology South Asia Travel Travel Accommodations

OYO Raises $660M in TLB Funding

– OYO, a New Dheli, India-based platform that connects entrepreneurs and small businesses with hotels and homes, raised $660M in TLB funding.
– TLB refers to a tranche of senior secured syndicated credit facility from global institutional investors.
– The company intends to use the funds to retire its past debts, strengthen the balance sheet and for other business purposes including investment in product technology.

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Eastern Asia Hotel Information Technology Leisure Travel Travel Accommodations

Yanolja Raises USD 1.7 Billion in Funding

– Yanolja is a Seoul, South Korea-based travel and leisure platform, raised USD 1.7 Billion in funding.
SoftBank Vision Fund 2 made the investment.
– The company intends to use the funds to invest in the development of innovative technologies and to expand its technology offerings in new markets.

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Analytics Big Data Business Intelligence Travel Vacation Rental Western Europe

Transparent Raises $2.8M in Total Funding

– Transparent is a vacation rental market intelligence company based in Madrid, Spain.
– The company received an investment from JetBlue Technology Ventures (JTV).
– The company intends to use the funds to continue to expand its commercial team.

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E-Commerce Platforms Hospitality Hotel North America Tourism Travel

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.

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Hospitality North America Transportation Travel

Cabana Raises $10M in Series A Funding

– Cabana, a Seattle, WA-based travel tech startup that has built a fleet of mobile hotel rooms, raised $10M in Series A funding.
– The round was co-led by Craft Ventures and Goldcrest Capital with participation from Launch, Castor Ventures, Gaingels, Nordic Eye, and other strategic angels and syndicates.
– The new investment will be used to further expand in new markets and add 100 vehicles to the fleet.

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Public Transportation Transportation Travel Western Europe

FlixMobility Raises $650M in Series G Equity and Debt Financing

– FlixMobility is a Munich, Germany-based provider of a transportation app.
– Series G $650m round was led by Canyon Partners with participation from existing investors General Atlantic, Permira, TCV, HV Capital, Blackrock and Baillie Gifford.
– The company intends to use the funds to expand its network in the US, the UK and Portugal its position in Turkey, France and Eastern Europe, and grow into new markets.

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Search Engine Travel Vacation Rental Western Europe

Holidu Raises £32M in Series D Funding

– Holidu is a Munich-based technology company in the holiday rental industry.
– The company secured €37m in Series D funding.
– The round was led by 83North with participation from existing investors Prime Ventures, EQT ventures, Coparion, Senovo, Kees Koolen, Lios Ventures and Chris Hitchen. Claret Capital (formerly Harbert European Growth Capital).
– The new investment will be used to further accelerate the company’s growth and expansion of its holiday rental search engine and the expansion of its holiday rental software business with Bookiply.

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Business Travel SaaS Software Ticketing Travel Western Europe

TravelPerk raises $160 million Series D to accelerate global growth

– TravelPerk announced it has raised $160m in Series D funding to fuel the next phase of its rapid global growth.
– The round was led by Greyhound Capital and includes participation from existing investors.
– The funding will be used to accelerate TravelPerk’s mission to create the world’s best travel platform, with a particular focus on growth in the US and Europe and on product innovations designed for the changing needs of travelers and small-medium sized businesses post-pandemic.
– TravelPerk is hiring heavily and, after not making any layoffs during the pandemic, it expects to rapidly grow its 500-person team as the travel market grows through late 2021 and 2022.
For more information, visit www.travelperk.com.

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Car Sharing Collaborative Consumption Internet Peer to Peer Ride Sharing Transportation Travel Western Europe

BlaBlaCar raises $115 million to build all-in-one travel app

– French startup BlaBlaCar raised $115m funding.
– The round was led by VNV Global and joined by Otiva J/F AB and FMZ Ventures.
– The company started 15 years ago with a simple goal — matching empty car seats with passengers going in the same direction.

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Biotechnology Health Care Information Technology North America Pharmaceutical Travel

Theseus Pharmaceuticals Raises $100M in Series B Funding

– Theseus Pharmaceuticals from Boston develops pan-variant kinase inhibitors to treat cancer.
– The company emerged from stealth with the close of a $100m Series B financing.
– The round was led by Foresite Capital with participation from Adage Capital Management, Boxer Capital, Farallon Capital Management, Longitude Capital, Nextech Ventures, Omega Healthcare Investors, Pontifax Venture Capital, Rock Springs Capital, and T. Rowe Price, as well as OrbiMed.
– In conjunction with the financing, Michael Rome, Ph.D., Managing Director of Foresite Capital, has joined the Theseus Board of Directors.

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Marketing North America Ticketing Travel

Bandwango raises $3.1M to power tourism- and experience-focused deals

– Bandwango, a startup that helps tourism bureaus sell deals, has raised $3.1m in funding.
– The funding was led by Next Frontier Capital and joined by Kickstart, Signal Peak Ventures, SaaS Ventures and Ocean Azul Partners.
– The company has built a platform called the Destination Experience Engine which is designed for “connecting businesses with communities.”
– The startup is currently focused on providing a white-label solution to its customers (rather than building a consumer deal destination of its own).

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E-Commerce Europe Finance Leisure Retail Retail Technology Tourism Travel

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.

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Enterprise Software North America Software Transportation Travel

Idelic Raises $20M Series B

– Idelic, a Pittsburgh-based leader in commercial trucking analytics and driver management solutions, has raised $20m in a Series B fundraising round.
– The round was led by Highland Capital Partners.
– Additional participants in the round included previous investors Birchmere Ventures, Origin Ventures, TDF Ventures, and SaaS Venture Capital.

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App Marketing North America Travel

Together-Travel Startup, Launchtrip Raises $3.8M Seed Investment

– Together-Travel Startup, Launchtrip Raises $3.8M Seed Investment
– The world’s first Together-Travel startup, Launchtrip announces today the close of its seed investment round totaling $3.8M USD, including funding raised by Axis Capital.
– Launchtrip plans to launch its new app in beta this Spring 2021.
– The emergent company has designed a platform that elevates the group travel experience, making the entire process of booking a trip seamless from end to end.
– Using its intelligent platform, groups can find accomodations, book restaurants and split costs all within one simple to use app.
– Launchtrip will offer over 200,000 hotels in seven launch cities around the United States to start and brought on Resy/American Express as its official restaurant booking partner.

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Commercial Real Estate Europe Hospitality Travel

Cosi raises €20M for its ‘full-stack’ approach to short-term rentals

– Berlin-based startup Cosi raised €20m funding.
– The round was led by Vienna-based Soravia, a leading real estate group in German-speaking countries.
– Existing investors Cherry Ventures, e.ventures, Kreos Capital and Bremke followed on, along with a number of individual investors.
– The company will use the fresh capital to accelerate international expansion in Europe, implement a new brand and launch a “new strategic business unit” soon.

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Air Transportation Leisure North America Tourism Travel

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.

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Artificial Intelligence E-Commerce Hotel Messaging Mobile Apps North America Price Comparison Travel

Snapcommerce, Message-Driven Mobile Commerce Platform, Raises $85M USD in Funding Led by Inovia Capital and Lion Capital

– Snapcommerce announced an $85M USD growth round to bring total capital raised to over $100M USD.
– The round was co-led by Inovia Capital and Lion Capital with participation from Acrew DCF, Thayer Ventures and Full In Partners, and included existing investors Telstra Ventures and Bee Partners.
– Snapcommerce will use the investment to expand into new consumer verticals executing its broader vision of improving the way people shop on their phones.
– Snapcommerce is a flexible, AI-driven platform that is vertical-agnostic and uses messaging to personalize the mobile shopping experience and deliver the best promotional prices.
– Snapcommerce is projected to cross over $1B USD in total mobile sales in 2021.
– Over 100 Million messages have been exchanged with over 10 Million customers through the Snapcommerce platform to-date.

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North America Tourism Travel

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.

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Electric Vehicle North America Retail Transportation Travel

SUPER73 Snares $20M Investment

– SUPER73, an electric vehicle brand based out of Orange County, has closed a $20m investment from Volition Capital, a Boston-based growth equity firm.
– Founded in 2016 by LeGrand Crewse, Michael Cannavo, and Aaron P. Wong, SUPER73 produces two-wheeled electric vehicles with a mission to fuse motorcycle heritage and youth culture.

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E-Commerce Europe Hospitality Internet Marketing Mobile Apps Sales Tourism Travel

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.

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Charter Schools Europe Public Transportation Ride Sharing Transportation Travel

BusUp Raises $6M in Series A Funding

– BusUp is a Spanish corporate bus commuter management solution in the E.U. and LatAm.
– The company closed its $6m Series A financing.
– The round was led by Proeza Ventures, and supported by US transportation venture capital firm Autotech Ventures (investor in Lyft and Volta Charging), and IESE’s Business School venture fund Finaves V, among others.
– The company intends to use the funds to accelerate commercialization of its flexible and shared corporate commuting services in the United States and consolidate other existing markets.
– It will also be used to scale the technology and develop new products.

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