Expedia Continues Investment Spree With Airport Ride Startup Wingz
Photo Credit: Wingz lets travelers schedule private town car rides to and from airports and landed an $11 million Series B round this week led by Expedia. Wingz
Skift Take
What do you get the online travel agency that seemingly has everything it can have? Several majority investments, apparently, as Expedia is on an investment spree of sorts across various sectors of the travel industry.
Expedia has led a flurry of travel startup investments in recent months, just last week investing in hotel platform Alice and this week announced it led an $11 million investment in airport ride startup Wingz.
Expedia has conceivably bought up everything it can after its most recent acquisition of HomeAway in November and it's now making a wide range of investments across different sectors of travel such as in Wingz. The San Francisco-based company is a mobile app for scheduling and booking private rides to and from airports and was founded in 2011. It's finalizing plans to launch on Expedia where travelers will also be able to book a Wingz ride on Expedia just as they'd book a rental car after booking a flight.
Think of a car service, but with an app instead of an 800 number.
Wingz's total funding now stands at $13.7 million after this week's $11 million Series B round which saw participation from Altimeter Capital and Salesforce.com CEO Marc Benioff as well as Expedia.
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