Prowler Raises $24 Million for Decision Tool: Travel Startup Funding This Week
Photo Credit: The co-founders of Prowler.io, with CEO Vishal Chatrath (center), chief technology officer Dongho Kim (left), and head of finance Engineering Aleksi Tukiainen (right). This week Prowler.io and other startups received investments. Prowler.io
Skift Take
This week travel startups announced more than $309 million in funding, as Mafengwo, Prowler.io, Instawork, Revenue Analytics, Dawex, and Outpost received investments.
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 travel startups announced more than $309 million in funding.
Earlier this week, Tencent Holdings led a $250 million Series E investment round in Chinese travel company Mafengwo, a nine-year-old business like TripAdvisor that helps travelers plan trips based on recommendations from others.
>>Prowler.io, an artificial intelligence platform for decision-making, raised $24 million in a Series B round of investment.
Amadeus Capital Partners, which is unrelated to the travel technology company Amadeus, participated in the funding.
Clarification: An earlier version of this article used misleading language to describe the above point. Sorry.
Other investors included Tencent, China's technology giant, Atlantic Bridge, Cambridge Innovation Capital, Mandatum Life, Passion Capital, Pearson, RB Capital, and SGInnovate. The funding placed a valuation of $100 million on the startup, which is based in Cambridge, UK, and has raised more than $38 million since its founding
