TravelX
Headquarters:
Miami
CEO: Juan
Pablo Lafosse
Website: TravelX
Founding
date: 2021
Investment:
$11 million
TravelX is founded by Juan Pablo Lafosse, who has created,
scaled and exited several travel companies (his last venture had reached $500 million gross
merchandise value and sold for $75 million) and Facundo Díaz, another serial
entrepreneur, former Accenture director and pioneer in VR/metaverse and Web 3
technology.
Led by a team of tech and industry veterans with a track record of
pioneering change, TravelX is the company behind the blockchain-based
distribution protocol designed to create a more secure, decentralized, frictionless,
transparent and efficient travel industry. The company's technology allows
airlines to more efficiently manage their inventory and tokenize their
inventory into NFTs, unleashing use cases that enhance both travelers'
flexibility and suppliers' profitability.
PhocusWire coverage
Strategic goals for 20203
TravelX will continue to expand the travel industry's first
blockchain-based distribution and retailing infrastructure that airlines are
adopting to tokenize inventory and distribute it as NFTickets, accelerating its
global adoption to make NFTickets the new industry standard.
As we have already engaged more than 50
airlines representing one billion passengers and $500 million-plus in potential
revenues and partnered with IATA and associations such as ALTA, AACO, and CAPA
to accelerate airline adoption, TravelX is aiming to grow its reach while
building out additional partnerships.
Lessons learned since founding
I never stop surprising myself of how being a founder comes
with difficulties and how sometimes the almost impossible can be achieved by
having a talented, passionate and focus-driven team.
Being in the travel industry for the past 30 years, I
founded several companies. With entrepreneurship comes highs and lows,
ultimately leading to some key lessons learned. The travel industry moves very
fast, things are always evolving and expanding, and it’s up to us to keep up
with it. It’s always important to try and be ahead of the game and think about
what your consumers need not only in real-time but down the road.
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