Zytlyn Raises $2.5 Million for Data-Based Prediction: Travel Startup Funding This Week
Photo Credit: Airplanes at Switzerland's Zurich Airport in 2020. Zurich Airport
Skift Take
Travel startups recently raised more than $184 million in funding. Concepts included intercity bus service, prediction software, corporate travel planning, software for direct hotel bookings, and sites for booking via social media.
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 $184 million in funding.
>>Buser, an online booking service for intercity buses in Brazil, has raised $138 million (700 million reais) in a funding round.
LGT Lightrock, Softbank, Monashees, and Valor Capital participated in the round. The travel app now serves nearly 4 million users and it expects a boom in intercity travel once the pandemic recedes.
In Brazil, intercity bus travel is vital. Air and rail operations are either costly or insufficient for many travelers. Meanwhile, most cities are connected by only one bus company, with limited schedules and routes.
The startup, founded in São Paulo in late 2016, plays matchmaker between travelers in Brazil looking to travel between particular cities on particular dates and executive bus charter companies that can respond to the customer demand.
In a related move, investors last month bet big on Germany-based intercity bus startup FlixBus.
>>Clear Secure, the airport scree
