Travelshift Raises $10M in Funding

Travelshift, a Reykjavik, Iceland-based online travel agency (OTA), raised $10M in funding.

The round, which brought the total amount to $30M, saw participation from existing shareholders.

The company intends to use the funds to accelerate its growth initiatives.

Led by David Stewart, CEO, Travelshift is an online travel agency (OTA) that specializes in technology-driven travel solutions. The latest funding round follows the company’s recent launch of Guide to Europe, a travel platform that solves the Connected Trip for the European leisure travel market. This service, which is empowered by AI, allows travelers to book everything they need in one checkout and manage their entire journey in one app. It also gives travelers access to itineraries that have been optimized with AI.

FinSMEs

29/08/2023