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Really good
Travel
Travel startups are taking off
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<blockquote data-quote="cheryl" data-source="post: 661" data-attributes="member: 1"><p><a href="https://techcrunch.com/2018/11/11/travel-startups-are-taking-off/amp/" target="_blank"><strong>Travel startups are taking off - Techcrunch</strong></a></p><p></p><p>The second wave of internet-era travel companies has captured the attention of venture capitalists.</p><p></p><p>In the last five years, travel companies have raised more than $1 billion in venture capital funding. That includes short-term rental startups, travel and tourism apps, marketplaces for “experiences” and other travel or hospitality tech platforms. Airbnb, a $38 billion company and an anomaly in the category, has raised $3 billion in that same time frame, according to PitchBook.</p><p></p><p>In the last few months alone, aspiring Concur-competitor TripActions and travel activities platform Klook entered the “unicorn” club with large venture rounds that valued both of the businesses at more than $1 billion. Meanwhile, luggage maker Away raised $50 million at a $400 million valuation, TourRadar nabbed $50 million and TravelPerk brought in $44 million. Plus, smaller startups in the space like Rocketrip, Freebirds, IfOnly, KKDay, Duffel and RedDoorz all closed modest funding rounds.</p></blockquote><p></p>
[QUOTE="cheryl, post: 661, member: 1"] [URL='https://techcrunch.com/2018/11/11/travel-startups-are-taking-off/amp/'][B]Travel startups are taking off - Techcrunch[/B][/URL] The second wave of internet-era travel companies has captured the attention of venture capitalists. In the last five years, travel companies have raised more than $1 billion in venture capital funding. That includes short-term rental startups, travel and tourism apps, marketplaces for “experiences” and other travel or hospitality tech platforms. Airbnb, a $38 billion company and an anomaly in the category, has raised $3 billion in that same time frame, according to PitchBook. In the last few months alone, aspiring Concur-competitor TripActions and travel activities platform Klook entered the “unicorn” club with large venture rounds that valued both of the businesses at more than $1 billion. Meanwhile, luggage maker Away raised $50 million at a $400 million valuation, TourRadar nabbed $50 million and TravelPerk brought in $44 million. Plus, smaller startups in the space like Rocketrip, Freebirds, IfOnly, KKDay, Duffel and RedDoorz all closed modest funding rounds. [/QUOTE]
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Really good
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Travel startups are taking off
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