Save A Train, an Israel-based rail distribution company, has
secured an investment from global automotive supplier Gotec Group.
Save A Train is not disclosing the amount of the investment
but says it has raised $7.5 million since its founding in 2016.
The company provides rail content to B2B partners and says
it currently has contracts with seven of the top 10 travel companies in the world; Kayak is the only one CEO Udi Sharir would name. Rail operators integrated with
the system include Eurostar, Trenitalia, SNCF, Thalys and more.
Subscribe to our newsletter below
Save A Train says its system “acts as the backbone of train
ticketing globally” and solves “many of the problems this complicated and
overlooked mobility vertical has.”
“Rail plays a crucial in the future of both business and leisure
travel as it emits far less CO2 than equivalent means of travel by road or air.
This is what we want to be part of an environmental-friendly travel development
that needs technical and digital development at the same time,” says Felix
Schulte, CFO with the Gotec Group and head of the group's ventures.
Save A Train says it will use the investment to “substantially
increase its headcount” and to expand its presence in rail distribution. Last
month the company welcomed Tripstack co-founder John Boguslawski to its board
of directors. Tripstack is one of Save A Train’s clients.