Investments

WebInTravel and Phocuswright unite for global startup pitch
News / Startups
WebInTravel and Phocuswright unite for global startup pitch
By PhocusWire | March 11, 2022
This combined effort is the next evolution of a relentless, ongoing 25-year search for startups that disrupt, innovate and propel the travel industry forward. Read More
Despegar turns Q4 profit 9% over 2019 levels
News / Online
Despegar turns Q4 profit 9% over 2019 levels
By Jill Menze | March 10, 2022
The Latin American company reports adjusted EBITDA of $9 million in Q4 2021, a 9% increase above Q4 2019, despite gross bookings rising only 75% of the same quarter’s level. Read More
Fifteen rides away with €40M in fresh funding
News / Technology
Fifteen rides away with €40M in fresh funding
By Linda Fox | March 9, 2022
The France-based company is the combination of Zoov and Smoove, after the pair merged in 2021. Read More
selfbook-raises-15-million
News / Startups
Hotel payment startup Selfbook valued at $300M following $15M injection
By Jill Menze | March 8, 2022
The $15 million extension of its Series A financing brings Selfbook’s total funding to $40 million. Read More
Fleetcor acquires Levarti to bolster tech for air passenger services
News / Technology
Fleetcor acquires Levarti to bolster tech for air passenger services
By Kevin May | March 8, 2022
U.K.-based Levarti has a passenger notification system for delays and cancellations, flight re-booking tools, hotel accommodation, transfers and vouchers. Read More
Volocopter set for take-off with $170M investment
News / Startups
Volocopter set for take-off with $170M investment
By Linda Fox | March 7, 2022
The funds will go towards the certification of Germany-based Volocopter’s electric passenger air taxi. Read More
Cruisewatch sets sail with €1M round to expand tech tools
News / Online
Cruisewatch sets sail with €1M round to expand tech tools
By Kevin May | March 4, 2022
Cruisewatch says it will use the new round to develop its AI-backed text and speech recognition tools and automation services for third-party agencies. Read More
Mews continues tech spending spree with Bizzon acquisition
News / Technology
Mews continues tech spending spree with Bizzon acquisition
By Jill Menze | March 3, 2022
Point-of-sale software provider Bizzon is Mews’ second acquisition this month and fifth overall. Read More
The Host Co. snags $1.85M to make Airbnbs shoppable
News / Startups
The Host Co. snags $1.85M to make Airbnbs shoppable
By Jill Menze | March 3, 2022
Founded in 2020, the Host Co. enables short-term rental hosts to sell items in their properties.   Read More
virdee-closes-seed-5m
News / Startups
Virdee closes seed financing with additional $5M
By Mitra Sorrells | March 1, 2022
Virdee provides digital check-in and virtual concierge solutions that integrate with door lock and property management systems. Read More
tripactions-acquires-resia
News / Online
TripActions swoops on Sweden-based business travel firm Resia
By Linda Fox | March 1, 2022
The acquisition is the company's third in the past nine months. Read More
dovevivo altido merge
News / Distribution
Altido, DoveVivo merge for European hospitality platform
By Jill Menze | February 28, 2022
Co-living company DoveVivo has acquired property management company Altido to create what it says is the largest residential management platform in Europe. Read More
beam-funding
News / Startups
APAC micromobility startup Beam raises $93M for expansion
By Mitra Sorrells | February 28, 2022
Founded in 2018, Beam currently operates in 35 cities across Australia, New Zealand, South Korea, Thailand and Malaysia. Read More
Vacation home co-ownership startup Ember raises $17.4M
News / Startups
Vacation home co-ownership startup Ember raises $17.4M
By Mitra Sorrells | February 24, 2022
Founded in June 2021, Ember buys or builds luxury vacation homes valued between $1.5 and $5 million and sells them in shares of up to 8 per property. Read More
Tech investments driving Flight Centre’s corporate recovery
News / Distribution
Tech investments driving Flight Centre’s corporate recovery
By Jill Menze | February 24, 2022
The Australia-based travel agency says recent investments in WhereTo and Shep are powering recovery for the Corporate Traveller and FCM brands Read More