Articles tagged “funding”

Three interesting companies announced investments this week: Virtuo, a car rental service, aims to replace service counters with mobile-first customer service. May Mobility builds autonomous vehicles for smart cities. NuStay offers hotel price-comparison.

The market for long-term business lodging is being dragged, thankfully, into the digital era by companies like 2nd Address. Plus, fundraising news for Festicket, Oaky, and Operto.

AutoCamp has built an outdoor brand on offering bookings for glamping, or camping in amenity-filled recreational vehicles and luxury vans. Given a new $115 million investment, it will expand across the U.S. Read on for other funding news, too, from Intelity, Zingle, Recharge, and LuggageHero.

Itilite, which is sort of an Indian clone of TripActions and Rocketrip, has raised funds for its online booking tool, which encourages business travelers to keep their trip costs in check. VDroom, a visual asset management service, and Flyiin, an airline distribution tech provider, also announced funding rounds.

The old idea of payments in monthly installments is seeing new life in the U.S. online travel sector. Uplift is one of the leading tech vendors powering loans to travelers for buying from airlines such as Spirit and search sites like Kayak. Expect a lot of marketing around this in 2019.

Outdoorsy, an outdoor recreational vehicle marketplace, has raised $50 million in Series C funding. Plus, more travel startup funding news this week from esports brand ReKTGlobal, social trip-tracking company Polarsteps, and South Africa-based public transport data and technology startup WhereIsMyTransport.

This week travel startups announced funding for event management tech (RainFocus and B Network), luggage with power ports (Horizn Studios), short-term rental booking in Vietnam (Luxstay), and travel rewards tools for financial companies (Upgrade Pack).

Nezasa, a provider of booking tools for travel agents, and Halan, an Egyptian ride-hailing service for tuk-tuks and motorcycles, have recently received funding.

This week's travel startup funding announcements included bets on the popular themes of vacation rentals, co-living, corporate and business travel, and expense management.

This week, travel startups announced more than $114 million in funding, including WhyHotel, Oyo, Noken, and Wow Venue.