Venture Capital News

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Online Travel

Travel Itinerary and Miles Tracker Traxo Raises $4.2 Million in Series A Round

Traxo is one of several mileage-tracking sites that have been temporarily banned by airlines from accessing frequent flyers' account information. Agreements have since restarted the service, but Traxo is still competing in a crowded market.

Samantha Shankman | 13 years ago

Online Travel

Liftopia Raises $5 Million to Bring Better Booking to Ski Operations

In an era when we see so many copycat startups endlessly doing basically the same thing, Liftopia has blazed a (ski) trail, and brought a unique idea to an industry that sorely needed it.

Dennis Schaal | 13 years ago

Online Travel

The First 50 Travel Startups Publicly Raising Money on AngelList

Airbnbs of this and Ubers of that which promise to disrupt are a dime a dozen. Here's hoping for a mix of startups that solve real travel pain points.

Samantha Shankman and Jason Clampet | 13 years ago

Online Travel

Investors Take to Twitter To Talk About Soft Landing of Failed Travel Startups

As we have said and covered time and time again here at Skift, the delta between what gets funded and what actually works in travel has been huge over the last decade, and it may finally be catching up as investors are fed up of bad travel startup ideas, and even poorer execution.

Rafat Ali | 13 years ago

Online Travel

Last-Minute Mobile Booking App HotelTonight Gets a Big $45 Million Round

HotelTonight's success to date is validation of at least two things: Going mobile-only from day one, and focusing on just one thing, hotels.

Dennis Schaal | 13 years ago

Online Travel

Hyped Travel Startup Hopper Does Everything, Except Actually Launch

Technology aside, will travelers care about Hopper if they ever see a product after six years of development? If you have patience in excess, then stay tuned.

Dennis Schaal | 13 years ago

Online Travel

Why Are Celebrities Drawn to Investing in Travel Startups?

The right celebrity can add credibility and boost branding for a travel startup or lifestyle brand, but it is ultimately up to team, with their heads down executing, to bring a concept to startup stardom.

Samantha Shankman | 13 years ago

Online Travel

The New $75 Million Venture Fund That Will Invest Heavily in Travel Startups

Altimeter Capital's new venture capital fund won't be exclusively devoted to travel startups, but expect to see it making news along the lines of Concur's larger Perfect Trip Fund, which indeed concentrates on travel.

Dennis Schaal | 13 years ago

Online Travel

Travel Photography App Trover Secures $2.5 Million in Funding from Concur

Trover is a beautiful and fun photo-sharing app, but the company faces some of the same challenges that most startups confront: How do you scale the business so users know you exist? With an additional $2.5 million in funding from Concur, and with other well-connected backers involved, little Trover can hang around for awhile.

Dennis Schaal | 13 years ago

Online Travel

Twitter buys local discovery app Spindle with plans to launch its own service

Twitter is slowly building additional features into the main service, and this new acquisition means it will make its formal entry into a local-travel and discovery sector, and may give a run for the money to other larger startups like Foursquare.

Rafat Ali | 13 years ago