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Travel Tech

Maneuvering the new age of travel

Overview

Technology solutions for the travel industry (Travel Tech) refers to the set of next-generation tools and platforms that aim to redesign travel-related processes. They aim to provide travelers and travel service providers the flexibility and scalability required in a highly dynamic landscape. These tools have helped capitalize on pandemic-driven developments such as increased demand to minimize human interaction, a trend toward experience-rich wellness travel, and growth in demand for private air travel and car rentals.

Travel Tech broadly encompasses technology and software-enabled travel, hospitality, and tourism-related products and services including online search/booking, alternative accommodation, tours, events, and activities booking platforms, and car rental and sharing. The travel tech landscape also includes products such as smart luggage products, services that digitize and automate the guest experience (e.g., check-in solutions), and B2B offerings for revenue management, distribution, and booking.

*Note: We do not actively cover this industry currently but we have identified it as a potential industry to cover.

More details

Market Mapping


Incumbents
Growth
Early
Seed
Pre-Seed
Online search/booking platforms
?
Alternative accommodation platforms
?
Tours, events, and activities booking platforms
?
B2B travel solutions
?
Car rental and ride-sharing
?
Smart luggage providers
?
Guest experience solutions
?
B2B revenue management
?
RoomPriceGenie
RoomPriceGenie
RoomPriceGenie
RoomPriceGenie
RoomPriceGenie
RoomPriceGenie
RoomPriceGenie
RoomPriceGenie
Booking Holdings
Expedia Group
Trip.com
TripAdvisor
MakeMyTrip.com
Google
eDreams ODIGEO
Vista Global
Fosun International
Citi Group
Hopper
Omio
Hotel Urbano
Wego
OneTwoTrip
AeroVanti
Dayuse.com
Byhours
Stratajet
Roadtrippers
Sherpa
Final Price
Travala
Jettly
Hoken
DTravel
Wheel the World
Pinktada
AirBnB
Vacasa
TUI Group
Sonder
Hopper
Evolve
Holidu
HomeToGo
Getaway
Numa
Vacatia
Sweet Inn
RedAwning
2nd Address
TravelStaytion
Ukio
Getaway
BookOutdoors
Booking Holdings
Expedia Group
AirBnB
TripAdvisor
TUI Group
GetYourGuide
Pollen
Peek
Evaneos
Tiqets
TourRadar
Headout
TrovaTrip
Isango
Adrenaline Hunter
Vacayou
Wheel the World
Acamp
Expedia Group
Amadeus
Sabre
Travelport International
TripActions
American Express Global Business Travel
BCD Travel
CWT
FCM Travel Solutions
U. S. Bancorp
SAP
Google
Deem
Cendyn
Hotelbeds
SITA
Hopper
TravelPerk
Spotnana
Mondee
Hotel Engine
Comtravo
Derbysoft
Farelogix
Distribusion
Journera
2nd Address
PerfectStay
Troop
Traveltek
Mystifly
Booking Holdings
Expedia Group
Trip.com
Enterprise Holdings
Hertz
Avis Budget Group
Getaround
BlaBlaCar
Turo
Virtuo
SnappCar
TravelCar
Final Price
TravelPro
Samsonite
Victorinox
Briggs & Riley Travelware
Away
Horizn Studios
Monos
G-RO
Samsara
Arlo Skye
Kabuto
Travelmate Robotics
MCR
The ASSA ABLOY Group
Sonder
Guesty
Revinate
Intelity
Canary Technologies
ALICE
Operto Guest Technologies
Duve
AeroGuest
Bag on Board
Suitpad
Betterspace
Helloshift
Virdee
MyStay
Akia
EasyWay
Criteo
PROS Holdings
SAS Institute
Best Western International
Cendyn
Cloudbeds
FLYR Labs
SiteMinder
Duetto
Revinate
OTA Insight
ADARA
Mews
Switchfly
Derbysoft
SnapShot
Beyond
Wheelhouse
Hotelogix
Beonprice
Pace Revenue
LodgIQ
Hotelmize
RoomPriceGenie
RateBoard
Lybra.tech
Climber RMS
Mabrian
Happyhotel
Atomize
ResNexus
TravelX

The Disruptors


Online search/booking platforms

?

Disruptors

?
Funding in USD Millions
Hopper
730
Omio
476
Hotel Urbano
135
AeroVanti
110
Wego
59
OneTwoTrip
48
Dayuse.com
20
Byhours
18
Stratajet
17
Roadtrippers
13
Sherpa
11
Travala
3
Watchlist
?
Hoken
Final Price
DTravel
Wheel the World
Pinktada
Jettly

Alternative accommodation platforms

?

Disruptors

?
Funding in USD Millions
Sonder
840
Hopper
730
Evolve
224
Holidu
200
HomeToGo
177
Getaway
82
Numa
75
Sweet Inn
62
Vacatia
49
RedAwning
40
2nd Address
22
Watchlist
?
Ukio
Getaway
BookOutdoors
TravelStaytion

Tours, events, and activities booking platforms

?

Disruptors

?
Funding in USD Millions
GetYourGuide
886
Pollen
250
Peek
120
Evaneos
109
Tiqets
105
TourRadar
67
Headout
58
TrovaTrip
20
Watchlist
?
Isango
Wheel the World
Acamp
Adrenaline Hunter
Vacayou

B2B travel solutions

?

Disruptors

?
Funding in USD Millions
Hopper
730
TravelPerk
408
Spotnana
116
Mondee
85
Hotel Engine
81
Comtravo
43
Journera
31
Derbysoft
31
2nd Address
22
PerfectStay
18
Farelogix
10
Watchlist
?
Distribusion
Troop
Traveltek
Mystifly

Car rental and ride-sharing

?

Disruptors

?
Funding in USD Millions
Getaround
568
BlaBlaCar
564
Turo
503
Virtuo
130
SnappCar
27
TravelCar
22
Watchlist
?
Final Price

Smart luggage providers

?

Disruptors

?
Funding in USD Millions
Away
181
Monos
40
Horizn Studios
30
Watchlist
?
G-RO
Samsara
Arlo Skye
Kabuto
Travelmate Robotics

Guest experience solutions

?

Disruptors

?
Funding in USD Millions
Sonder
840
Guesty
281
Revinate
106
Intelity
63
Canary Technologies
47
ALICE
39
Operto Guest Technologies
15
Watchlist
?
Duve
Virdee
AeroGuest
Bag on Board
Suitpad
Betterspace
MyStay
Akia
EasyWay
Helloshift

B2B revenue management

?

Disruptors

?
Funding in USD Millions
Cloudbeds
248
FLYR Labs
187
SiteMinder
178
Duetto
143
Revinate
106
OTA Insight
100
ADARA
67
Mews
47
Beyond
46
Switchfly
34
Derbysoft
31
SnapShot
30
Wheelhouse
20
TravelX
Unknown
Watchlist
?
Hotelogix
Beonprice
Pace Revenue
LodgIQ
Hotelmize
RoomPriceGenie
RateBoard
Lybra.tech
Climber RMS
Mabrian
Happyhotel
Atomize
ResNexus

Hopper

Hopper accurately predicts future flights and hotel prices and notifies users about instant deals. Users can book flights, hotels, or cars; get notifications; and freeze prices. The company’s apps have been installed over 68 million times and more than 195 million trips have been planned through the platform. Headquartered in Montreal, Canada, the company is privately held. It acquired PlacePass in 2021, Smoos in 2022, GDX Travels in 2019, and Alaska Air in 2016.

Segment:
Online search/booking platforms
Total funding:
USD 729.7 million
Disruptor Funding History

Online search/booking platforms:

Hopper
Omio
Hotel Urbano
AeroVanti
Wego
OneTwoTrip
Dayuse.com
Byhours
Stratajet
Roadtrippers
Sherpa
Travala
Hoken
Final Price
DTravel
Wheel the World
Pinktada

Alternative accommodation platforms:

Sonder
Hopper
Evolve
Holidu
HomeToGo
Getaway
Numa
Sweet Inn
Vacatia
RedAwning
2nd Address
Ukio
Getaway
BookOutdoors

Tours, events, and activities booking platforms:

GetYourGuide
Pollen
Peek
Evaneos
Tiqets
TourRadar
Headout
TrovaTrip
Isango
Wheel the World
Acamp
Adrenaline Hunter
Vacayou

Notable Investors


No investor data is available

Funding data are powered by Crunchbase
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