17 Travel Startups Raise $636 Million in 3 Weeks
Photo Credit: The Vertical Aerospace aircraft in a test flight. Vertical Aerospace
Skift Take
The nearly $1 billion in fundraises in November has been driven by startups for hotel tech and flying taxis.
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.Travel startups have raised nearly a billion dollars so far in November.
Seventeen travel companies raised nearly $636 million in the last three weeks. That's on top $318 million earlier this month for flying taxi startup Beta Technologies, plus some smaller fundraises.
The most significant so far this month — and all year for a software company — was Lighthouse which raised $370 million for its hotel tech platform.
Some of the main funding themes have continued, with deal for three electrified transport companies, several airline and hotel tech startups, and a handful of tech providers for tour operators.
Lighthouse: $370 MillionLighthouse, which provides hotel tech for pricing, promotion, and distribution, has raised $370 million in series C funding.
Investment firm KKR led the round, with support from Spectrum Equity, F-Prime Capital, Eight Roads Ventures, and Highgate Technology Ventures.
