Launchtrip, a NYC-based together-travel startup, raised $3.8M USD in seed funding.
The round was led by Axis Capital.
The company will use the funds to continue to expand its development and launch efforts.
Led by Founder and CEO Julian Ing, Launchtrip has created a travel app built for group trips that allows users to search by city or event. Launching in beta this spring, users will be able to select from over 200,000 hotels, make reservations from thousands of recommended restaurants across major cities and split costs among trip attendees during the booking process – all within one mobile app and website.
In addition to securing funding, the company has brought on a seasoned board of advisors which include some of the industry’s top experts in the technology and travel spaces including Taleeb Noormohamed, Michael Drever, Kathleen Reaume, Terry McBride and Mark Spencer.