Airline tech firm TripStack raises $6M, aims to connect OTA and LCC
TripStack wants to provide OTAs with access to Low-Cost Carriers (LCCs) and “Virtual Interline” fares.
TripStack, a Toronto, Canada-based provider of travel tech products, raised $6 million in funding. Backers were not disclosed.
Led by John Boguslawski, CEO, TripStack is launching a new suite of travel tech products designed to provide Online Travel Agencies (OTAs) with access to many Low Cost Carriers (LCCs) and “Virtual Interline” fares.
“With the rise of the LCC market, now representing 30% of all airline tickets sold, many LCC fares are not being offered via the traditional online distribution channels. TripStack is actively working to integrate every LCC in the world and provide the best fares to our clients.” said John Boguslawski, CEO of TripStack.
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