Tumodo Raises $35M in Pre-Seed Funding

Tumodo, a Dubai, UAE-based provider of a travel platform, raised $35M in Pre-Seed funding.

The round was led by co-led by MENA-focused angel investors.

The company intends to use the funds to further enhance presence in the UAE market, further product development, and new partnership opportunities in the MENA market.

Founded in 2023, Tumodo is an online business travel platform (B2B travel platform) that combines data science, and service to bring the best experience possible to businesses and their employees. Used by over 100 businesses in the MENA region, the company is connected to all major distribution channels and global hotel chains collaborating with over 400 airlines worldwide. Tumodo currently provides customers with over 2 million accommodation options. The technology can be integrated into companies’ HR systems, making it easier to manage internal processes.

FinSMEs

18/01/2024