The Top 29 Most Heavily Venture-Funded Startups In Travel – Skift

Skift logoYesterday, travel startups HotelTonight and GetYourGuide announced major funding rounds, and both of the travel startups are now well into double-digit millions on the amounts they’ve raised so far — HotelTonight may soon even touch $100 million mark.

That gave Skft an idea to compile a list of all the biggest venture-funded startups currently in travel and we came up with this list of 29 companies, with the lowest cutoff of around $20 million.  Some observations from Skift:

  • Airbnb and Uber, never really billed as travel startups per se, are the two biggest venture-backed startups that exist now across tech, not just the travel tech sector.
  • Chinese car rental, sharing, and booking companies have raised huge amounts to compete on scale.
  • Russian booking companies have raised large amounts to compete in an especially competitive market.
  • In general, room sharing and car sharing requires lot of investment to build, disrupt, and compete.Only two B2B startups are on this list. Surprisingly, both are aimed at the intersection of travel transactions and advertising/retargeting.
  • Hotel booking is where the big action is on the traditional online

via The Top 29 Most Heavily Venture-Funded Startups In Travel – Skift.

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Amadeus Launches Venture Fund To Invest In Travel Startups – Skift

Dennis Schaal, Skift

AmadeusAmadeus became the latest established travel industry operating company to launch a travel startup investment fund, joining Concur, eLong, American Airlines and Priceline, although the latter two “funds” have yet to leave the ground.In recent years, these companies are showing they are not just content to acquire travel startups when they are ripe for the plucking.Instead, these companies want to get tight with the startups at an early stage, with the possibility of an acquisition perhaps at a later juncture.Madrid-based Amadeus announced in a blog post today that it has created Amadeus Ventures to invest in early-stage travel and hospitality startups.Katherine Grass, who heads Amadeus Ventures within the Amadeus IT Group, writes in the blog post:“The main objective of the fund is to identify and invest in start-up companies that have already developed a working prototype and sit in niche areas of the sector that we believe are at the forefront of developing market trends.

via Amadeus Launches Venture Fund To Invest In Travel Startups – Skift.