Hotel Software Startup Way Raises $20 Million to Help Ticket Experiences: Travel Startup Funding This Week
Photo Credit: The company that owns Fairmont Hotel in San Francisco (pictured) is a client of startup Way. Wikimedia Commons / Wikimedia Commons
Skift Take
Lodgify plans to expand its short-term rental management software globally, BookOutdoors wants to bring campsites into the 21st century, and Way exited stealth mode with a full list of clients.
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.Five travel tech startups announced $62.1 million in funding this week.
>>Lodgify
The vacation rental software startup Lodgify has raised $30 million in Series B funding. It was led by Octopus Ventures with participation from Bonsai Partners, Aldea Ventures and ICF, as well as existing investors Intermedia Vermögensverwaltung and Nauta Capital.
The Barcelona startup’s software is meant to help short-term rental hosts manage and grow their small- to medium-sized portfolios. The startup’s software platform enables hosts without tech skills to build their own website and accept direct bookings and payments.
Lodgify plans to use the funding to accelerate global business and strengthen the product.
Lodgify now has nearly 200 employees, including a research and development team of more that 70.
>>Way
The software startup Way, based in Texas and Paris, raised a $20 million Series A round. I
