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25.08.2023 - 14:14 / skift.com / Justin Dawes
Three travel tech startups have raised $9.3 million in the past week.
>>Sojo, a platform that helps short-term rental operators manage amenity item refills, has raised $6.2 million in Series A funding, led by Ballast Point Ventures with participation from Jason Sprenkle, the CEO of Key Data Dashboard.
Texas-based Sojo is meant to help operators automate the refill of supplies at the rental. The platform can connect to reservation calendars and guest data, automating the delivery of relevant bathroom and kitchen items, laundry products, pantry stock, maintenance items, guest gifts, and more.
Property managers can choose from a catalog of products, with the option to customize item sets and packaging labels.
The funding will go toward the tech product and hiring.
Max Farley, founder and CEO of Sojo, said there is a growing demand for this type of space in the vacation rental sector.
“Gone are the days of shipping products to your office, hiring staff to manage the kitting and fulfillment process, and dealing with errors and inconsistencies at every turn,” he said in a statment.
>>Vipper, a European transportation ticket marketplace, has raised $2.1 million (€2 million) from Netsam Participations.
Amsterdam-based Vipper is a hosting and booking platform for international rail, bus, and flight tickets in Europe. Besides the Vipper website and app, the startup can distribute through the Amadeus and Sabre systems, allowing airlines and travel agents to sell Vipper content.
The funding will go toward developing the tech platform, the startup said.
“What drew us to Vipper was the management team’s vision to disrupt the travel industry,” said Allard van Velzen, investment manager of Netsam Participations, in a statement. “By building an inventory system from the ground up, they’re ahead of an industry where schedules and fare pricing is still distributed via spreadsheets and email. Additionally, we support their vision to make it easier for people to find and book train and bus routes in Europe which have better ethical and environmental benefits.”
>>Holdbar, a software platform to help tour operators manage business, has raised $1 million in pre-seed funding, led by Founderment.
Denmark-based Holdbar, which was founded just over two months ago, is meant to help tours and activities operators streamline business processes, including sales, digital bookings, group requests, marketing, business intelligence, and more. The platform also allows operators to integrate with other businesses.
It was founded by Lasse Kjær and Lars Daniel Blom Rasmussen, who previously built the Scandinavian activities platform Truestory.
“From our work with Truestory, we have seen firsthand how many operators have
Visit Aruba with Delta Vacations.
Vacation rentals across Hawaiʻi reported increases in supply and average daily rate (ADR), with lower demand and occupancy, in July 2023 compared to July 2022. In comparison to pre-pandemic July 2019, ADR was higher in July 2023 but vacation rental supply, demand and occupancy were lower.
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Silkhaus, a United Arab Emirates-based platform for short-term rentals, announced on Tuesday that it has raised $7.75 million in a seed funding round.
Five travel tech startups announced $62.1 million in funding this week.
Three startups working in travel tech announced nearly $17 million in funding this week.
Skift kept an eye through much of 2022 on which travel tech startups raised money, documented in this weekly startup funding roundup.
Three travel tech startups raised $87.2 million this week.
Tech startups involved in the travel industry raised nearly $118 million this week.
Five tech startups in the travel industry have raised $258.6 in venture capital this week.
Two tech startups involved in the travel industry raised $15.3 million this week.
Rumors have surfaced on social media that Expedia Group would announce this Thursday during its fourth quarter earnings call that customers would no longer be able to book vacation rentals on Expedia.com — but that’s not going to happen because it would be self-sabotage.