Numa Raises $45 Million for Hotel Tech: Travel Startup Funding This Week
Photo Caption: Sketch, a set of rooms and apartments for transient travel rental, is in the district of Friedrichshain, in Berlin, Germany. Source: Numa.
Skift Take
This week, seven travel startups collectively announced more than $75 million in funding. Names included Numa, which runs hotels and makes software for hotels, and Locomote, an Australian travel management company.
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 $75 million in funding.
>>TripActions bought Comtravo earlier this week as part of an ongoing consolidation of travel management startups. The companies didn't disclose the deal terms.
The German startup Comtravo had been one of Skift's Top Travel Startups to Watch 2019, and it had announced raising $43 million in funding over the years.
See Skift's reporting on the acquisition.
>>Locomote, a corporate travel booking platform, has received $2.84 million ($4 million Australian) in a Series B equity investment at a $21 million ($30 million Australian) valuation.
Escala Partners, a wealth management company, invested through its direct investment group.
Locomote, based in Australia, plans to tap Escala’s address book, which includes ultra-high net worth individuals, to make introductions to future customers.
“Really, it came down to [Escala's
