Skift Take
These startups are modernizing tour packages, timeshares, and tipping with digital products.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
The three startups in the list this week represent modern takes on old ways of doing business in three travel sectors: tour packages, timeshares, and hospitality tipping.
Each of those areas have been particularly slow at modernizing, and the growth of the businesses highlighted shows that there's demand to do so.
The three startups this week announced fundraises totaling more than $104 million.
Exoticca: $65.1 MillionExoticca, a platform that sells multi-day tour packages, has raised $65.1 million (€60 million) in series D funding.
Quadrille Capital led the round, with support from All Iron, ICF, 14W, Mangrove, Bonsai, Sabadell, and Aldea. The company raised its last round of $30 million in 2021.
Barcelona-based Exoticca said its tech provides connections to flights, hotels, meals, transfers, transportation, and activities all in one place. That allows the company to sell complex packages based on real-time pricing and availability, which it claims reduces