TravelC, a Palma de Mallorca, Spain-based travel startup, raised €1m in funding.
The round was led by Caixa Capital which made the investment via Caixa Capital TIC II.
The company intends to use the funds to expand its commercial efforts and continue to develop the platform.
Co-founded in 2014 by Manuel Aragonés and Vicente Rosselló, TravelC provides a tech platform for multidestination & multiservice B2B & B2C travel reservations. The company, which already serves 70 clients in 25 countries, has also acquired Hotelerum, a company founded in 2010 that develops a hotel booking management platform. In conjunction with the deal, Venturecap and Inspirit, Hotelerum’s shareholders will become investors in TravelC.
FinSMEs
18/06/2016