TLDR:
- Seven travel startups have raised over $150 million in the past two weeks
- Three of these companies are focused on modernizing the air travel industry
Three companies are highlighted in this article for their efforts in modernizing air travel through recent funding rounds. NLX, a customer service tech provider, raised $12 million in series A funding to offer personalized customer service for airlines such as Copa Airlines and United Airlines. Airnguru, a pricing software company for airlines, secured $1 million in pre-series A funding to automate fare management for clients like Qatar Airways and British Airways. Indicio, a software company simplifying identification processes in air travel, received undisclosed series A funding, with SITA as the lead investor.
Another company, TravelJoy, raised $10 million in series A funding to provide an AI-based platform for individual travel agents. This platform offers tools for managing customer relationships, workflow automation, and trip planning. Additionally, Hunting Land Rentals By Owner, a company connecting hunters with landowners, raised $1 million in seed funding to grow its user base and release a mobile app.
The largest funding round in the article was by Mews, a hotel tech company that raised $110 million at a $1.2 billion valuation. This company provides a property management system for hotels and is used by 5,000 hospitality brands in 85 countries. Lastly, Voi, a company offering public access to e-scooters and e-bikes in Europe, secured $25 million in financing to expand their fleet in various cities.
