Travel Startups Announced Over $218 Million in Funding This Week
Photo Credit: JetSmarter, pictured here, raised a $105 million Series C round this week to help it add more routes and expand to new markets. JetSmarter
Skift Take
From private jets to vacation rentals to mobile flight bookings, this week's funding rounds represent some of the most talked about sectors in the travel industry in 2016 and give some sense of where they're heading in the new year.
It's been a busy week for travel startup funding that demonstrated the growth and potential of some sectors throughout 2016 and the opportunities they hold for next year.
A few companies landed some of the largest rounds for travel startups this year, including Series C rounds for JetSmarter and Hopper for $105 million and $61 million, respectively. We look at the significance of these deals and where this new funding puts these companies in our analyses and original stories below.
Each week we create a roundup of travel startups that have received or announced funding that week. The total amount raised this week was more than $218 million.
Here are six companies that announced they raised funding this week and see previous roundups here.
>>Claiming a $1.5 billion valuation with its latest round, JetSmarter raised a $105 million in Series C funding from new investors JetEdge and London-based KZ Capital and existing investors that include Shawn "Jay-Z" Carter, Xojet a
