Articles tagged “startups”

In the past seven days, travel startups announced more than $216 million in funding. But the hot market deserves a warning that paraphrases Fleetwood Mac: Investors only love you when they're investing. Funding will come and it will go. When the rain washes you clean you'll know. You'll know.

This week’s travel startups, including Sonder, StayPlease, and Bolt, released a series of funding announcements, many of them for undisclosed amounts.

From TripActions' quarter billion dollar investment round to Emerging Travel Group's solid $10 million round, there's lots going on in travel startup funding this week.

What makes Utrip's collapse eye-catching is that the company had the makings of becoming a respectable, if not a sensational, business. A timeline of the company's strategic decisions and failed attempt to get acquired may provide a few lessons for other travel startups.

This week travel startups GuestReady Group, Duffel, MagicStay, and Fairjungle announced more than $32 million in funding.

We’ve pinpointed 25 of the most promising venture-backed travel companies. Check out our list to find a useful partner for your business.

TUI Fly says it's the first airline to work with tech vendors to automate and standardize the process of flight disruption claims. Larger carriers, take note: You also need to reduce your enormous backlogs of consumer claims, whether you build tech in-house or find a vendor.

Yanolja got its start as a chain of so-called love motels. But it has since become a reputable online travel agency in Korea and a provider of a widely used property management system. No wonder Booking Holdings has made a strategic investment in the company.

CellPoint Mobile, which helps airlines and other travel companies run their mobile apps more effectively, has received $14 million in investment. The move underscores the ongoing venture capital interest in business-to-business services in travel.

Props to Volantio, which won the Air Pitch startup competition at Skift Global Forum last year, for now getting investment and sales support from Amadeus.