Travel Tech Company Duffel Raises $30M in Series B

duffelDuffel, a British travel tech company, raised $30m in Series B funding.

The round, which brought total capital raised to $56M, was led by Index Ventures, with participation from existing investors Benchmark Capital and Blossom Capital.

The company will use the new funds to hire more engineers and increase its broader team, expand in North America and Europe.

Founded in 2017 by Steve Domin, CEO, Duffel enables travel agencies to plug in directly to airlines’ reservation systems via an API so that they can pull real-time flight offers, make bookings, access live seat availability, and buy extra services.
The company is also launching its innovative new booking platform with some of the world’s biggest airlines, including American Airlines, British Airways, Lufthansa Group, Aegean Airlines, Vueling, Iberia.

FinSMEs

28/10/2019

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