Ayenda Raises $10 Million for Branded Budget Lodging: Travel Startup Funding This Week
Photo Caption: A hotel property in Colombia run by Ayenda. Source: Ayenda.
Skift Take
This week travel startups, including Latin America's Ayenda and Turismocity, have collectively raised more than $30 million in funding.
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 $24 million in funding.
>>Ayenda, which calls itself the largest asset-light, digital hotel chain in Latin America, closed a $10 million investment round.
500 Global led the round. Dalus Capital and the IDB Lab also took part.
Ayenda, which has an Oyo-like business model, has now raised a total of $20 million since its founding in 2018 in Colombia by Andrés Sarrazola and Christian Gómez. Past investors have included Softbank.
The startup operates through a franchise system in Colombia, Mexico, and Peru. Altogether, it runs 280 properties.
>>Troop, an award-winning meetings management platform, has announced an $8 million Series A funding round.
The lead investor is Steve Singh
