Photo credit: David Spowart at Lost Forest Media
SnapTravel, a Toronto, Canada-based provider of a premier travel assistant, raised an additional $13.2m in new funding, and closed a $21.2m Series A funding round.
New investors include Telstra Ventures and NBA player Stephen Curry.
The company will use the funding to further enhance the user experience, namely by continuing to develop its machine learning and NLP technology.
Co-founded by Hussein Fazal and Henry Shi in 2016, SnapTravel allows consumers to book hotels through conversations with an AI-based travel assistant. Powered by a combination of machine learning, natural language processing (NLP), and the occasional human touch, the solution curates personalized hotel offers over SMS, voice, and the messaging platforms consumers already frequent, such as Facebook Messenger and WhatsApp.
It has had conversations with over 2 million consumers in over 150 countries to date.
In addition to being available on Facebook Messenger and WhatsApp, consumers can access SnapTravel to book hotels over SMS, iMessage, RCS, Viber, Slack, and Alexa.
FinSMEs
04/12/2018