So far this year, travel tech startups have raised over USD 2.5 billion across 198 deals, and an increasing number of those deals are moving overseas. In keeping with this, we’re also seeing that top investors in travel tech are becoming a more cosmopolitan crowd.
We used CB Insights data to rank VCs by their unique travel tech investments (i.e., number of portfolio companies) since 2012, and found that among the top 11 VCs in travel tech featured in our infographic, four are located outside the US, including Index Ventures (UK), Caixa Capital Risc (Spain), Blume Ventures (India), and Gobi Partners (China). The rest of the VCs on the list are all based in California.
We define travel tech as tech-enabled companies offering products and services focused on tourism, including booking services, search and planning platforms, on-demand travel, and recommendation sites. Car-hailing services are excluded from this analysis.
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