Travel technology provider Mize has acquired RightRez, a specialist in air travel technology, for an undisclosed amount.
Founded in 2016, Mize said the acquisition would provide more value to customers and position the company as a “multi-vertical fintech leader.”
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Mize, a PhocusWire Hot 25 Travel Startup for 2020, said the combination of its AI and data analytics capabilities with air travel technology from RightRez would mean new opportunities for growth.
“RightRez brings over 20 years of unparalleled experience in the air travel space, and we are thrilled to welcome them to the Mize family,” said Dor Krubiner, co-founder and CEO of Mize. “This acquisition aligns with our vision to become a leading multi-vertical fintech provider, offering customers cutting-edge solutions that address their most pressing challenges in both the accommodation and air travel markets.”
“Joining forces with Mize opens new doors for innovation and growth,” said Maria von Foerster, CEO of RightRez. “Together, we’ll deliver unmatched solutions to help our customers thrive in an ever-evolving travel industry.”
Israel-based Mize, which was formerly called Hotelmize, secured $12 million in Series B funding in early 2023.