Triptease, a London, UK-based SaaS company that builds smart digital tools to increase direct bookings on hotels websites, raised £1m in debt financing.
Boost&Co provided the venture loan.
The company intends to use the funds to expand the team, increase investment in sales and marketing, and develop its product portfolio.
Led by Charlie Osmond, Alasdair Snow and Alexandra Zubko, Triptease provides a SaaS-based price checking data platform for hotels to check competition prices, the Price Check, a widget showing OTA prices directly on the hotel website, and a messaging tool to engage users before they leave their websites.
The company has just raised $7m in Series A funding and $9m in total to date.