Travel AI, a London, UK-based transportation software specialist, closed a funding round.
It came from a sector specific lead London Business Angels member investor and the LBA SEIS Roundtable Syndicate Fund 2012.
The company intends to use the funds to further improve its software platform, commercialize its rich travel data sets and continue development of its app pipeline.
Led by Andreas Zachariah, CEO, Travel AI has developed and is commercializing a platform technology that provides data insights on travel personalization and context awareness. Its app pipeline includes services for automated mileage expense claims and next generation travel surveying.
The company currently generates revenue through 8 blue chip clients.
FinSMEs
14/04/2014