Social travel and carpooling app Cuttlefish Universal announced a Pre-A financing round of tens of millions of yuan, which was led by Plum Ventures and backed by Tongcheng Capital, an investment unit of online travel company Tongcheng-Elong. The funds will go to product optimization, algorithm development, operation and marketing, and human resources.
Founded in 2018, Cuttlefish Universal focuses on social and travel products and software development.
Cuttlefish Universal, partnering with travel service providers, offers various tour products, ranging from packaged tours to independent ones, alongside air tickets, hotels, and visa services.
