Skift Take
Venture capitalists invested a record amount in travel startups in 2017. The industry is no stranger to disruption, but we may be seeing some of the greatest changes of the last two decades. Our latest research report is a deep dive into these emerging trends with insights for founders, incumbents, and investors.
Today we are launching our latest report, Venture Investment Trends and Startup Opportunities in Travel 2018, for our Skift Research subscribers.
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Never has there been greater venture capital interest in travel startups than today. A record amount of venture capital was invested in travel startups in 2017 driven by unicorns, like Airbnb, emerging technologies, expansion outside of core geographies, and traction in new verticals.
Despite the newfound attention, plenty of obstacles for would-be founders exist. For instance, early stage financings continue to decline as a share of overall deal-making because many funds now prefer bigger rounds in more mature companies. This leaves founders facing a funding gap