Spotnana Raises $75M in Series B Funding

Spotnana

Spotnana, a New York-based provider of a cloud-based travel technology platform, raised $75M in Series B funding.

The round was led by Durable Capital Partners LP, with participation from existing investors Madrona Venture Group, ICONIQ Growth, Mubadala Capital, and Blank Ventures.

The company intends to use the funds to to accelerate hiring and continue building its travel platform.

Led by CEO Sarosh Waghmar, Spotnana offers a Travel-as-a-Service platform that enables corporations, agencies, suppliers, and technology providers to personalize travel booking, lower operating costs, and build deeper customer relationships. The platform includes everything from consumer-grade online booking tools to a new booking engine, mid-office replacement, a new system of record for booking travel, and new data integrations for travel inventory.

FinSMEs

26/07/2022