Investments

News / Online

Getaround raises $140M as revenue doubles during COVID

By Mitra Sorrells | October 15, 2020

Having now raised $600 million in total, Getaround says it will work toward reaching profitability. Read More

News / Technology

Cover Genius raises $12M as COVID accelerates need for insurance tech

By Jill Menze | October 14, 2020

King River Capital led the round, which will help the insurance technology specialist expand its product suite and partner network. Read More

News / Startups

Thayer Ventures creates offshoot to raise $175M via an IPO

By Kevin May | October 12, 2020

The IPO move for the subsidiary will give it the opportunity to merge or acquire businesses that would benefit from access to the public markets. Read More

News / Technology

Treebo Hotels raises $6M to boost its SaaS business

By Linda Fox | October 12, 2020

Existing investors Matrix Partners India, SAIF Partners, Bertelsmann India Investments and Ward Ferry Management made up the latest cash injection in the budget hotel platform. Read More

News / Online

IATA predicts airlines will burn through $77B in cash in second half of 2020

By Mitra Sorrells | October 7, 2020

IATA predicts the industry will lose nearly $300,000 every minute and will not turn cash-positive until 2022. Read More

News / Online

Selina acquires Remote Year in move to serve growing remote workforce

By Mitra Sorrells | October 6, 2020

Remote Year will continue as its own brand but the two companies will work together to create new offerings for remote workers. Read More

News / Technology

Vacation Innovations acquires travel tech platform Holiday Systems International

By Mitra Sorrells | October 5, 2020

Vacation Innovations says the acquisition adds 12 brands to its portfolio and will enable it to offer better technology solutions to resort developers. Read More

News / Online

Busbud lands $12M investment, plots global expansion of bus ticket platform

By Kevin May | September 30, 2020

The Series C funds for the Canada-based company will be used to fuel technology development, further grow the team and accelerate geographic expansion. Read More

News / Distribution

KKday raises $75M Series C to grow new tour and activity product

By Mitra Sorrells | September 29, 2020

KKday launched its new booking management platform, Rezio, in March and says it has servied 150,000 customers as the demand for local experiences grows. Read More

News / Startups

Investors ponder the travel startup landscape and being contrarian backers

By Linda Fox | September 29, 2020

Investments in travel companies currently are nowhere near the scale of 2019 - for obvious reasons. But while some financial backers are sitting tight, others are prepared to give new businesses their... Read More

News / Technology

BookingKit secures €5M investment to help accelerate pandemic recovery

By Kevin May | September 9, 2020

The activity platform enlisted the financial support of Intermedia Vermögensverwaltung, Müller Medien, High-Tech Gründerfonds (HTGF), business angel Robert Kabs and another business angel with the... Read More

Interview / Technology

VIDEO: Iomob - Summit pitch winner at Phocuswright Europe 2020

By PhocusWire | September 4, 2020

Iomob is building the Internet of Mobility (IoM): Enabling users of any IOM-connected app to discover, route, book and pay for any IOM-connected mobility device (public, private, shared, autonomous). Read More

Interview / Startups

Phocuswright Europe 2020 preview: Out of Office with... Sean Seton-Rogers

By PhocusWire | August 20, 2020

In a series of interviews with executives participating in the online event in September, PhocusWire finds out what they have learned from the Covid-19 crisis. Next up: PROfounders Capital' Sean... Read More

News / Technology

VIDEO: New Reality With... Rohit Talwar of Fast Future

By PhocusWire | August 17, 2020

The next guest on the New Reality With... series is Rohit Talwar, CEO at Fast Future, one of the world's leading organizations looking at the fields of futures and foresight. Read More

News / Technology

Boosting customer experience comes ahead of providing pandemic information to travelers

By Kevin May | August 17, 2020

Big data and analytics also scored the highest among the 11 technology-related options for brands, both in terms of previous impact and most likely to affect the business between now and 2025. Read More

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