Splitty, a Tel Aviv, Israel-based online travel startup, raised $2.4m in seed funding.
Backers included Techstars Accelerator, Techstars Ventures, AOL, and BIP Capital.
The company will use the funds to continue to expand operations and develop the product.
Launched in 2015 and led by Eran Shust, CEO, and Avi Wortzel, CTO, Splitty is an online hotel booking platform that allows users to take advantage of hotel deals available only by combining offers from multiple sources to create a unique room package. Rather than simply presenting predetermined rates from travel suppliers, the company leverages proprietary “Split & Match” technology to actually create new deals that cannot be found anywhere else.
By combining multiple reservations for their stay, travelers can access special promotional rates for low occupancy dates and secure the property’s lowest priced rooms for each night of their stay.
The company has 10 employees and partnerships with American Airlines, Trivago, AOL, Deloitte, Cox Enterprises.