PredictHQ Raises $10 Million for Event Analysis: Travel Startup Funding This Week
Photo Credit: Campbell Brown, CEO and co-founder, PredictHQ, is in the top right far seat. From left to right is chief product officer Yen Lim, co-founder and CTO Robert Kern. The employee on the right is unidentifiable from the company's website. PredictHQ
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PredictHQ, which helps travel companies like Booking.com and Qantas anticipate surges in demand, was joined by other startups in announcing investments this week, including Hotelmize, Journy, KKday, and Smartvel.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
This week the total funding publicized was more than $173 million. On Thursday, we reported that TripActions, a business travel startup, had raised a $154 million Series C round led by Andreessen Horowitz.
>>PredictHQ, a data intelligence company, raised $10 million in Series A funding.
Aspect Ventures led the round. Lightspeed, Rampersand VC, and AddVenture also participated.
PredictHQ is not a travel-focused startup, but travel companies have been among its biggest clients to date for its event-monitoring service, which tracks scheduled and unscheduled real-world events like festivals, elections, and sports events and ranks them by their potential demand surges. Clients of the Auckland, New Zealand-based startup include AccorHotels, Amadeus, Booking.com, and Qantas.
The company was founded by executives who left Online Republic, a travel booking portal for Australia and New Zealand, after Webjet acquired it in 20
