TravelerVIP.com, a Dubai, UAE-based hotel booking website, raised more than $1m in seed funding.
Backers included BECO Capital and angel investors Soha Nashaat, former CEO of Barclays Wealth MENA & Turkey, and Jakob Beck Thomsen, CEO of SaxoBank MENA & Turkey.
The company intends to use the capital to expand its offerings.
Founded in 2012 by CEO Blagoja Hamamdziev, John Fohr and Marc Meunier, TravelerVIP.com is a hotel booking website that features a collection of over 1,000 hand-picked hotels curated by Arabic and English editors.
The startup is a member of the UAE-based incubator, Majid Bin Mohammed Innovation Center in5.