TravelC have announced a €1 Million funding round with Caixa Capital Risk, and with it the integration of hotel booking management provider Hotelerum.
TravelC have created a unique set of unique booking engines that are licensed and branded for Online Travel Agents, Tour Operators, Travel Agents, Destination Marketing Organizations and Hotel Groups. The platform has already been has been sold to more than 70 companies across 25 countries.
The product enables the creation of multi-product, multi-destination itineraries through a patented dynamic packaging engine.
TravelC is based in Palma de Majorca. The company was started in September 2014 with founders Manuel Aragonés and Vicente Rosselló who both have vast experience in the tourism and technology sectors. In 2015 Travel C won the Emprendedor XXI award for the like best Spanish start-up.
This funding enables TravelC to strengthen market deployment in the United States and consolidate the commercial actions in Europe whilst developing new product and content features.
As part of this transaction TravelC will integrate Hotelerum which was founded in 2010 within the accelerator Inspirit. Hotelerum provides an integral part of the overall TravelC solution by providing contracted hotels to be entered into the platform plus expanding TravelC’s value proposition and addressable markets. The former owners of Hotelerum are also now shareholders of TravelC.
http://www.travelcompositor.com/
The Travel Marketing Store is assisting TravelC with its go-to-market activities and has already established a highly experienced and well connected business development team on their behalf.
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