Finance


 alt="Duetto acquired by GrowthCurve private equity, plans AI acceleration"  title="Duetto acquired by GrowthCurve private equity, plans AI acceleration"
News / Technology
Duetto acquired by GrowthCurve private equity, plans AI acceleration
By Linda Fox | June 27, 2024
Private equity firm GrowthCurve Capital says it plans to apply its data science and artificial intelligence experience to help Duetto grow. Read More
 alt="Fetcherr boosted by $90M for further growth"  title="Fetcherr boosted by $90M for further growth"
News / Startups
Fetcherr boosted by $90M for further growth
By Linda Fox | June 26, 2024
Fetcherr, a PhocusWire Hot 25 Travel Startup for 2023, has signed a string of airlines for its AI-powered pricing and forecasting tools in recent months. Read More
 alt="Vitruvian Partners increases stake in tour and activity marketplace Civitatis"  title="Vitruvian Partners increases stake in tour and activity marketplace Civitatis"
News / Online
Vitruvian Partners increases stake in tour and activity marketplace Civitatis
By Mitra Sorrells | June 26, 2024
Founded in 2008 and based in Madrid, Civitatis offers 90,000 activities across 160 countries. The company said it had 10 million customers in 2023. Read More
 alt="OTA ranking booster Otamiser raises $3M in first funding round"  title="OTA ranking booster Otamiser raises $3M in first funding round"
News / Online
OTA ranking booster Otamiser raises $3M in first funding round
By Mileva Sapic | June 25, 2024
The startup said it will use the new capital to grow its commercial team as it aims to work with 1,000 hotels and 100,000 short-term rentals worldwide.   Read More
 alt="Travel investment analysis shows shifts in funding, opportunities for innovation"  title="Travel investment analysis shows shifts in funding, opportunities for innovation"
News / Online
Travel investment analysis shows shifts in funding, opportunities for innovation
By Morgan Hines | June 20, 2024
F-Prime Capital partner Gaurav Tuli and Lufthansa Innovation Hub analyst Anna Schneider share their take on innovation and funding across the global travel industry, with additional perspective from a... Read More
 alt="Sustainable business travel startup Eco.mio raises 7-figure seed round"  title="Sustainable business travel startup Eco.mio raises 7-figure seed round"
News / Startups
Sustainable business travel startup Eco.mio raises 7-figure seed round
By Mitra Sorrells | June 18, 2024
Eco.mio provides a browser extension that helps companies guiding their employees to greener business travel decisions. Read More
 alt="Viator's origin story - a tale of a prince and a girl from Tasmania"  title="Viator's origin story - a tale of a prince and a girl from Tasmania"
News / Startups
Viator's origin story - a tale of a prince and a girl from Tasmania
By Linda Fox | June 14, 2024
Viator founder Rod Cuthbert shared the Phocuswright Europe 2024 Center Stage with Thayer Ventures' Chris Hemmeter to discuss how the tours and activities company came to be, selling it to Tripadvisor... Read More
 alt="Canary Technologies raises $50M to accelerate AI for hospitality guest engagement"  title="Canary Technologies raises $50M to accelerate AI for hospitality guest engagement"
News / Technology
Canary Technologies raises $50M to accelerate AI for hospitality guest engagement
By Mitra Sorrells | June 12, 2024
Canary works with more than 20,000 hoteliers around the world, including many that are part brands such as Wyndham, Marriott, Hilton and Four Seasons. Read More
 alt="Holibob adds funding for experiences technology push"  title="Holibob adds funding for experiences technology push"
News / Startups
Holibob adds funding for experiences technology push
By Linda Fox | June 10, 2024
Holibob, a PhocusWire Hot 25 Startup for 2023, said it plans to use the funds to further develop its technology, including its experiences marketing platform, to help travel brands and destinations sell... Read More
 alt="India-based online travel agency Ixigo will open IPO Monday"  title="India-based online travel agency Ixigo will open IPO Monday"
News / Online
India-based online travel agency Ixigo will open IPO Monday
By Mitra Sorrells | June 4, 2024
The IPO includes an issuance of fresh shares worth about $14.5 million and the sale of nearly 67 million shares from existing shareholders. Read More
 alt="With “innovationism” as its new philosophy, Trip.com Group comes roaring back"  title="With “innovationism” as its new philosophy, Trip.com Group comes roaring back"
News / Online
With “innovationism” as its new philosophy, Trip.com Group comes roaring back
By Yeoh Siew Hoon - WiT | June 3, 2024
At its event last week, Trip.com Group leadership outlined the company's goal to be the number one OTA for flights in five years, powered by growth driven by higher-tier members and younger generations. Read More
 alt="European tour operator FTI files for insolvency"  title="European tour operator FTI files for insolvency"
News / Distribution
European tour operator FTI files for insolvency
By Linda Fox | June 3, 2024
The company, one of the largest tour operators in Europe, said the FTI Touristik brand is directly affected but that insolvency filings will follow for other group companies. Read More
 alt="Brazil-based Nubank launches travel booking platform"  title="Brazil-based Nubank launches travel booking platform"
News / Distribution
Brazil-based Nubank launches travel booking platform
By D.J. Catron | May 28, 2024
The partnership with Hopper Technology Services (HTS) will allow the bank’s Ultravioleta customers to purchase air tickets and book hotels on their banking app. Read More
 alt="Hotel tech entrepreneur launches Voyria travel startup fund"  title="Hotel tech entrepreneur launches Voyria travel startup fund"
News / Startups
Hotel tech entrepreneur launches Voyria travel startup fund
By Linda Fox | May 23, 2024
Voyria is looking to attract artificial intelligence-focused travel technology startups in the U.K. and Ireland and plans to support them financially as well as through mentorship. Read More
 alt="Cover Genius lands $80M to fund growth and technology investment"  title="Cover Genius lands $80M to fund growth and technology investment"
News / Technology
Cover Genius lands $80M to fund growth and technology investment
By Linda Fox | May 20, 2024
The company plans to put the funds toward further growth and technology investment, “including improved digital insurance distribution solutions, deploying artificial intelligence claims handling and... Read More