Search results for “Travel technology startups”
On March 25th, JetBlue's venture capital firm in Silicon Valley - JetBlue Technology Ventures made its first investment in Flyr, which predicts price changes and seat availability for tickets on specific flights. Last month, it has been making available its Fare Protection SDK for the American, British, Canadian, German, and French markets so that insurers can use Flyr’s API to create their own airfare farelocks.
Amsterdam-based startup Polarsteps says it has raised Euro 500,000 in equity investement from Silver Point Ventures and TMG Startups. The companys tech innovation is that it uses ambient location technology to fill in the gaps in your journey when your smartphone isn’t able to connect to a GPS signal or the internet.
Travel startups attracted billions of dollars in funding last year, and the travel booking sector attracted some of the most investment — more than $650 million. Besides, travel booking, ground transportation,B2B,tours and activities,trip planning and inspiration top the list of attracting the most investment.
2015 sees a disruption in corporate travel industry which enjoyed fast pace of funding. The technology advancements have changed our ways of meeting and communicating and taxi APPs have also disrupted traditional supply chain. In order to improve user experience and cut costs for companies, corporate travel managers made clear where all expenses have gone and focused more on the experience of corporate travellers.