Investments

Where are they now? Catching up with the Hot 25 Travel Startups for 2022
News / Startups
Where are they now? Catching up with the Hot 25 Travel Startups for 2022
By Mileva Sapic | October 13, 2025
As we build up to unveiling the PhocusWire Hot Travel Startups for 2026, we are checking in with some of the class of 2022, including Road.Travel, Onfly and Wheel the World. Read More
Ixigo lands $146 million from Prosus
News
Ixigo lands $146 million from Prosus
By Linda Fox | October 10, 2025
The company said it plans to put the investment towards organic and inorganic growth opportunities and general corporate purposes. Read More
AI-powered PMS Boom raises $12.7 million
News / Startups
AI-powered PMS Boom raises $12.7 million
By Abby Crotty | October 8, 2025
The fresh capital will be used for recruitment and to fuel expansion in international markets. Read More
Plusgrade acquires Oaky, plans unified upsell platform
News / Technology
Plusgrade acquires Oaky, plans unified upsell platform
By Linda Fox | October 6, 2025
Plusgrade's deal to acquire Oaky is its third in recent years following its acquisition of UpStay and Points.com. Read More
Pacaso secures $72.5M for luxury rentals co-ownership platform
News / Online
Pacaso secures $72.5M for luxury rentals co-ownership platform
By Linda Fox | October 3, 2025
The funding comes on top of a recent $100 million credit facility with Texas Capital which is being put towards a mortgage initiative for co-ownership. Read More
Tracking Q3 travel startup funding
News / Startups
Tracking Q3 travel startup funding
By Linda Fox | October 1, 2025
PhocusWire tracks the large and small travel startup funding rounds in Q3 as well as M&A activity in the space. Read More
Mews adds housekeeping tech to platform with acquisition of Flexkeeping
News / Technology
Mews adds housekeeping tech to platform with acquisition of Flexkeeping
By Linda Fox | September 30, 2025
Flexkeeping said its technology has helped hotel teams become 40% more productive, reduced guest complaints by 45% and improved the guest experience. Read More
Hospitable looks to platform users and employees to raise $1.5M
News / Technology
Hospitable looks to platform users and employees to raise $1.5M
By Linda Fox | September 30, 2025
The company describes itself as a short-term rental super app offering a range of services including automated guest messaging and rate optimization. Read More
Lufthansa Group says AI will help it cut 4,000 jobs by 2030
News / Online
Lufthansa Group says AI will help it cut 4,000 jobs by 2030
By Morgan Hines | September 29, 2025
Lufthansa Group also said it intends to increase the number of active members in its “Miles & More” loyalty program by 50% by 2030. Read More
7 powerful shifts driving the Middle East travel boom
News / Online
7 powerful shifts driving the Middle East travel boom
By Phocuswright Research | September 29, 2025
The Middle East has emerged as one of the fastest-growing travel markets globally, supported by proactive government tourism strategies, mega-events and investments in infrastructure. Read More
Fetcherr lands $42M to expand AI pricing tech internationally
News / Technology
Fetcherr lands $42M to expand AI pricing tech internationally
By Linda Fox | September 25, 2025
Using its own large market model, Fetcherr digests market dynamics to help airlines forecast demand and generate real-time decisions. Read More
WeTravel lands $92M to develop AI tools for multi-day trip operators
News / Technology
WeTravel lands $92M to develop AI tools for multi-day trip operators
By Linda Fox | September 24, 2025
The company said the round triples its valuation and will go towards developing its platform to expand its payment infrastructure and build artificial intelligence (AI)-powered tools for partners. Read More
Thayer's Hemmeter on SPAC comeback and space for a new travel brand
News / Startups
Thayer's Hemmeter on SPAC comeback and space for a new travel brand
By Linda Fox | September 24, 2025
Chris Hemmeter, managing director of Thayer Investment Partners, discusses the pace of experimentation in travel and how it could lead to a new B2C powerhouse. Read More
Navan moves closer to IPO
News / Online
Navan moves closer to IPO
By Morgan Hines | September 22, 2025
The business travel, payments and expense management platform has submitted a Form S-1 registration statement with the U.S. Securities and Exchange Commission. Read More
Direct Travel acquires ATPI to expand Avenir technology globally
News / Technology
Direct Travel acquires ATPI to expand Avenir technology globally
By Linda Fox | September 22, 2025
Direct Travel hopes to speed up the rollout of its Spotnana-based booking technology through the acquisition of ATPI. Read More
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