Thayer Ventures is a venture capital firm established in 2009 and headquartered in San Francisco, California, with an additional office in Valencia, California. The firm specializes in investing in technology companies that cater to the travel and hospitality sectors, focusing on areas such as foodservice, cruise lines, lodging, hospitality technology, travel technology, gaming, and airlines. Thayer Ventures does not engage in investments related to real estate, restaurants, or hotels. The firm capitalizes on the disruptive changes within the travel industry, which represents over $10 trillion in annual global economic activity. This sector is experiencing significant entrepreneurial activity and rapid technological advancements driven by evolving consumer behavior and the influence of digital platforms. As such, Thayer Ventures aims to support innovative technology providers that are well-positioned to address the unique challenges and opportunities within this dynamic marketplace.
DIAMO enables smaller properties to compete on performance, without the cost or complexity of business technologies.
Rain
Series A in 2025
Rain is a finance company that provides credit card services with technical support for secure transactions to web3 and crypto companies.
TripSuite
Seed Round in 2024
TripSuite is a venture-backed SaaS startup catering to travel agencies. TripSuite firmly believes that a better world emerges when individuals are exposed to new ideas and cultures through travel experiences. By providing support to travel entrepreneurs and their clientele, TripSuite facilitates enhanced travel opportunities for a broader audience. Their inaugural product streamlines payment processes, making it more efficient and accurate for travel professionals to receive their dues promptly.
Cardless
Venture Round in 2024
Cardless offers a platform that enables businesses to create and manage integrated credit card experiences. The service streamlines application processing, customer support, and account management, ensuring a user-friendly experience. It connects customers with brands, allowing users to track purchases, make payments, and choose rewards. Additionally, Cardless provides brands with the ability to reward loyal customers through points that can be redeemed for experiences, merchandise, and exclusive offers. This dual focus on customer engagement and financial management helps clients effectively oversee their financial accounts while enhancing brand loyalty.
Canary Technologies
Series C in 2024
Canary Technologies LLC, based in San Francisco, California, specializes in developing innovative software solutions for the hospitality industry, focusing on enhancing operational efficiency and improving guest experiences. The company's platform modernizes outdated hotel management processes by offering features such as contactless check-in, digital authorizations, electronic signatures, and a customizable amenity store. These tools are designed to streamline workflows, reduce costs, increase revenue, and enhance compliance, making them invaluable to hoteliers. Trusted by numerous prestigious hotel brands worldwide, Canary Technologies aims to drive greater productivity and minimize fraud within the sector.
NLX
Series A in 2024
NLX is a company that offers an end-to-end enterprise AI platform designed to enhance customer experiences for large brands. Its no-code, multimodal conversation platform allows organizations to create, monitor, and analyze automated conversations, leveraging machine learning and artificial intelligence. This technology enables personalized customer interactions through automated chat, voice, and multimodal conversations, facilitating effective self-service experiences. NLX's platform is highly scalable, integrated, and accessible anytime and anywhere, empowering brands to manage conversational deployments across their entire enterprise effectively.
point.me
Series A in 2023
Point.me is an award travel discovery tool and points concierge service that assists loyalty program members in finding better flights for fewer points. Utilizing a proprietary algorithm, Point.me searches over 150 airlines to uncover optimal flight deals, including options for first and business-class travel. The platform collaborates with more than 30 loyalty programs, including major credit card rewards, allowing customers to filter search results based on preferred programs, airlines, routes, and point balances. Additionally, Point.me offers a concierge consulting service where experts manage all aspects of the award redemption process, making it easier for users to book flights using their points.
RS21
Series A in 2023
RS21 is a rapidly growing, global data-science and visualization company with offices in Albuquerque, NM and Washington, DC. We empower organizations to make data-driven decisions that positively impact the world through innovative solutions that are insightful, intuitive, inspiring, and intellectually honest. By providing data-driven insights that achieve programmatic goals, improve efficiencies, reduce costs, and maximize productivity, we help clients navigate complex data issues in the fields of healthcare, population health, infrastructure resilience, disaster preparedness, supply chain management, and community safety.
Operto Guest Technologies
Series B in 2023
Operto Guest Technologies is a leading provider of property automation and connected technology for the global hotel and short-term rental industries. The Operto solution is offered in three modules: Operto Guest, Operto Tech, and Operto Teams. Each adds value on a stand-alone basis but works optimally when brought together through Operto Connect. This hospitality operating system is designed to create premium guest experiences while driving operational efficiency and monetization opportunities for operators.
Mews
Series C in 2022
Mews is a cloud-based hotel property management system designed to streamline hotel operations and enhance guest experiences. Founded by former hoteliers, Mews provides a next-generation hospitality platform suitable for hotels, hostels, and apartments. Its innovative features include smart automation for online check-ins, payment processing, booking management, and staff training, allowing property owners to improve both operational efficiency and guest satisfaction. Serving over 5,000 properties across more than 85 countries, Mews stands out for its extensive range of integrations with various hospitality technology providers, making it a comprehensive solution in the industry. In recognition of its capabilities, Mews was awarded Best Property Management System at the 2024 HotelTechAwards.
Deal Engine
Seed Round in 2022
Deal Engine LLC is a travel software company based in San Francisco, California, founded in 2017. The company specializes in providing solutions that automate various processes within the travel industry using proprietary AI and APIs. By leveraging advanced algorithms for search and booking, Deal Engine aims to reduce corporate travel expenditures by capitalizing on fluctuating pricing. Its platform eliminates manual tasks, allowing corporate travelers and firms to focus on more valuable activities, thereby facilitating digital transformation in the travel sector.
Beekeeper
Series C in 2022
Beekeeper is a mobile communication platform designed specifically for non-desk employees, facilitating real-time messaging and targeted communication across various shifts, locations, and languages. By integrating operational systems and communication channels into a single secure hub, Beekeeper enhances employee engagement and retention while automating processes and minimizing reliance on paper. The platform enables frontline workers to access essential resources such as schedules and paystubs, share files, and assign tasks through group chats or predefined streams. With accessibility from both desktop and mobile devices, Beekeeper empowers organizations to improve productivity and streamline workplace operations effectively.
Sprockets
Series A in 2022
Sprockets is an innovative software solution that transforms the hiring process for companies seeking hourly employees. By leveraging AI-enabled assessment tools, Sprockets evaluates potential hires based on the characteristics of a company's most successful employees. This advanced applicant matching technology utilizes big data and psycholinguistics to create detailed candidate profiles, allowing hiring managers to efficiently compare applicants and identify the best fit quickly and affordably. By eliminating guesswork and reducing turnover costs, Sprockets aims to streamline recruitment, making it a more logical and effective process for organizations.
Canary Technologies
Series A in 2022
Canary Technologies LLC, based in San Francisco, California, specializes in developing innovative software solutions for the hospitality industry, focusing on enhancing operational efficiency and improving guest experiences. The company's platform modernizes outdated hotel management processes by offering features such as contactless check-in, digital authorizations, electronic signatures, and a customizable amenity store. These tools are designed to streamline workflows, reduce costs, increase revenue, and enhance compliance, making them invaluable to hoteliers. Trusted by numerous prestigious hotel brands worldwide, Canary Technologies aims to drive greater productivity and minimize fraud within the sector.
Life House
Series C in 2021
Life House is a hotel software and management platform focused on enhancing profitability and reliability for independent hoteliers. By developing proprietary products, the company aims to streamline hotel ownership, making it more profitable and predictable for owners while improving the overall guest experience. Life House stands out as one of the few vertically integrated hotel companies supported by institutional venture and private equity investors, allowing for significant investment in technology and services. This approach enables travelers to enjoy boutique hotel experiences at affordable prices, thereby contributing to the growth and success of independent hotels.
NoiseAware
Series A in 2021
NoiseAware LLC, founded in 2014 and based in Dallas, Texas, specializes in manufacturing noise monitoring sensors tailored for property rental managers. Its innovative devices enable property owners to proactively detect noise violations, helping to prevent complaints associated with short-term and vacation rentals. Complementing the hardware, NoiseAware also offers a mobile application that allows users to monitor their properties in real time and access historical noise data. This service functions similarly to a smoke detector, ensuring owners are promptly informed of any noise issues, thereby facilitating better incident management and maintaining the integrity of their rental properties.
Super.com
Series B in 2021
Super.com is a financial application that focuses on helping users save money and build credit. Originally known as Snapcommerce, the company operates a platform that offers discounted everyday items and travel deals, including hotel bookings. By facilitating cashback opportunities and providing users with tools to manage their finances effectively, Super.com aims to empower consumers to make smarter purchasing decisions. The application serves as a centralized hub for users to access various deals, enabling them to maximize savings while enhancing their credit profiles through responsible spending.
Beekeeper
Series B in 2020
Beekeeper is a mobile communication platform designed specifically for non-desk employees, facilitating real-time messaging and targeted communication across various shifts, locations, and languages. By integrating operational systems and communication channels into a single secure hub, Beekeeper enhances employee engagement and retention while automating processes and minimizing reliance on paper. The platform enables frontline workers to access essential resources such as schedules and paystubs, share files, and assign tasks through group chats or predefined streams. With accessibility from both desktop and mobile devices, Beekeeper empowers organizations to improve productivity and streamline workplace operations effectively.
Swiftmile
Series A in 2020
Swiftmile, Inc. specializes in the manufacturing and operation of smart parking and charging solutions for light electric vehicles, including e-scooters and e-bikes. Founded in 2015 and based in San Carlos, California, the company provides a solar-powered platform that features locking, docking, and charging stations tailored for a variety of clients such as municipalities, workplaces, transit authorities, schools, hospitality venues, retail centers, event planners, and real estate owners. Swiftmile's systems can accommodate both shared and privately owned vehicles and can be installed on public or private property. Additionally, the stations are equipped with outdoor digital displays that provide opportunities for revenue-generating advertisements, as well as information on transit schedules and public service announcements. This integrated approach allows clients to effectively monitor and manage electric vehicle usage through a unified system.
Life House
Series B in 2020
Life House is a hotel software and management platform focused on enhancing profitability and reliability for independent hoteliers. By developing proprietary products, the company aims to streamline hotel ownership, making it more profitable and predictable for owners while improving the overall guest experience. Life House stands out as one of the few vertically integrated hotel companies supported by institutional venture and private equity investors, allowing for significant investment in technology and services. This approach enables travelers to enjoy boutique hotel experiences at affordable prices, thereby contributing to the growth and success of independent hotels.
Mews
Series B in 2019
Mews is a cloud-based hotel property management system designed to streamline hotel operations and enhance guest experiences. Founded by former hoteliers, Mews provides a next-generation hospitality platform suitable for hotels, hostels, and apartments. Its innovative features include smart automation for online check-ins, payment processing, booking management, and staff training, allowing property owners to improve both operational efficiency and guest satisfaction. Serving over 5,000 properties across more than 85 countries, Mews stands out for its extensive range of integrations with various hospitality technology providers, making it a comprehensive solution in the industry. In recognition of its capabilities, Mews was awarded Best Property Management System at the 2024 HotelTechAwards.
Robotic Skies
Series A in 2019
Robotic Skies, Inc. is a provider of maintenance and repair services for commercial unmanned aircraft systems (UAS) and advanced air mobility aircraft (AAM). Founded in 2013 and based in Albuquerque, New Mexico, the company operates a global network of over 150 independently-owned repair stations. These stations are staffed by aviation professionals with expertise in maintaining both manned and unmanned aircraft, ensuring high standards of safety and efficiency. Robotic Skies offers a comprehensive field service program designed to keep UAS fleets operational and compliant with aviation regulations. This approach enables it to deliver specialized certification, maintenance, and repair services to emerging commercial drone operators worldwide.
BookingPal
Series D in 2019
BookingPal, Inc. is a cloud-based global distribution system that serves the vacation rental, independent car rental, campground, and RV property rental markets. Founded in 2013 and headquartered in Irvine, California, the company offers a centralized booking platform that enhances the online visibility of property managers and owners by distributing listings to major travel websites, travel agents, and tour operators. Its technology includes tools such as myOptimize, which assesses listing quality and provides feedback for optimal channel placement, and myInquiry, which offers a team of reservation agents to assist with guest communications. By connecting property management software with consumer travel websites, BookingPal enables increased bookings and revenue opportunities for property managers and owners worldwide.
May Mobility
Series A in 2019
May Mobility, Inc. is an autonomous vehicle company focused on transforming urban transportation through the development and operation of driverless shuttle services. Founded in 2017 and based in Ann Arbor, Michigan, the company utilizes six-passenger electric vehicles that navigate mapped routes to provide micro-transit services for enterprise and municipal clients. By analyzing traffic patterns and commuter flows, May Mobility designs optimal routes that enhance public transit systems. Their autonomous shuttles aim to minimize human error in driving, reduce pollution, and improve economic benefits for communities and riders. The company offers a fleet operation service that contributes to creating safer, more efficient, and accessible transportation solutions.
HYP3R
Series A in 2018
HYP3R is a marketing platform focused on the travel industry, aimed at acquiring high-value travelers efficiently. The company's offerings leverage location insights and real-time engagement to facilitate direct bookings at scale. By analyzing geosocial data, HYP3R enables marketers to identify unique audiences and deliver timely, relevant campaigns. This approach not only enhances customer relationship management but also helps clients lower customer acquisition costs and improve return on advertising spend. Through its innovative platform, HYP3R partners with customers to optimize their marketing efforts and drive growth in the competitive travel sector.
Optii
Series C in 2018
Optii, based in Austin, Texas, with additional offices in London and Brisbane, specializes in hotel operations solutions that enhance the efficiency of housekeeping and service delivery. The company utilizes advanced technologies, including artificial intelligence, analytics, messaging, and mobility, to optimize operations and automate processes within hotels. By operating in real-time, Optii enables hotels to streamline their functions, reduce costs, and improve the overall guest experience without the need for significant capital investment or complicated integrations. Its software is utilized by a variety of hotels globally, including La Cantera Resort & Spa, The Don Cesar, Okada Manila Resort & Casino, Doma Hotels, and IHG, demonstrating its effectiveness in the hospitality industry.
Mews
Series A in 2018
Mews is a cloud-based hotel property management system designed to streamline hotel operations and enhance guest experiences. Founded by former hoteliers, Mews provides a next-generation hospitality platform suitable for hotels, hostels, and apartments. Its innovative features include smart automation for online check-ins, payment processing, booking management, and staff training, allowing property owners to improve both operational efficiency and guest satisfaction. Serving over 5,000 properties across more than 85 countries, Mews stands out for its extensive range of integrations with various hospitality technology providers, making it a comprehensive solution in the industry. In recognition of its capabilities, Mews was awarded Best Property Management System at the 2024 HotelTechAwards.
Groupize
Series A in 2017
Groupize, Inc. is a technology company that specializes in providing solutions for hotel chains and properties to streamline the management of group requests and bookings. The company offers a customizable white label platform that enables planners to search for and book group accommodations online while accessing real-time pricing and inventory. Their services include a lead management application for processing group leads, a lead distribution portal for sharing information among hotel chains, and a group management page that assists organizers in planning their trips. Additionally, Groupize features social tools for effective communication and a content portal for property administrators to update information directly. Founded in 2012 and headquartered in Gloucester, Massachusetts, with a technology office in Boston, Groupize emphasizes data security and seamless integration with travel and expense tracking systems to enhance the experience for both planners and attendees.
Viridis Learning
Venture Round in 2017
Viridis Learning, Inc. is an education technology company based in New York that focuses on workforce education and human capital solutions tailored for the middle-skill workforce. The company operates a platform designed to train, certify, and connect middle-skill employees with suitable employers. Through its offerings, Viridis provides training programs that lead to industry-recognized credentials, thereby facilitating job placement for individuals seeking to enter, sustain, or advance in the middle-skill labor market. The courses available include specialized training in areas such as residential concrete, advanced residential construction supervision, energy management, and public space maintenance. Viridis Learning aims to address skill deficiencies by aligning training with the needs of local employers, supporting both workforce development and economic growth.
Traxo
Series B in 2016
Traxo, Inc. is a technology company that specializes in itinerary management and loyalty tracking solutions for both corporate and leisure travel. Founded in 2008 and headquartered in Dallas, Texas, Traxo offers a suite of products designed to enhance visibility into travel data and manage off-platform bookings. Its key offerings include Traxo CAPTURE, which delivers booking data to user applications; Traxo CONNECT, which captures both on and off-platform bookings for comprehensive data visibility; Traxo FILTER, which automatically tracks off-channel corporate travel bookings; and Traxo TRAVELER, which provides real-time itineraries and flight alerts. The company's platform supports corporate travel management, expense management applications, and consumer travel, enabling travel managers and agencies to effectively monitor and manage all travel activities in one integrated system.
Social Tables
Series B in 2016
Social Tables, Inc. is a developer of cloud-based software tailored for the hospitality, events, and catering industries, headquartered in Washington, D.C. Founded in 2011, the company provides a comprehensive platform that simplifies event planning by integrating various tools such as sales and catering CRM software, interactive floor plans, and lead capture services. This software allows hotels and event managers to efficiently book and manage events, while also facilitating collaboration between planners and property professionals. Social Tables focuses on enhancing the event planning process by streamlining tasks such as floor plan design, seating chart creation, and attendee information management, ultimately aiming to make the planning experience more enjoyable and less stressful. The company has operated as a subsidiary of Cvent, Inc. since October 2018.
Viridis Learning
Series A in 2016
Viridis Learning, Inc. is an education technology company based in New York that focuses on workforce education and human capital solutions tailored for the middle-skill workforce. The company operates a platform designed to train, certify, and connect middle-skill employees with suitable employers. Through its offerings, Viridis provides training programs that lead to industry-recognized credentials, thereby facilitating job placement for individuals seeking to enter, sustain, or advance in the middle-skill labor market. The courses available include specialized training in areas such as residential concrete, advanced residential construction supervision, energy management, and public space maintenance. Viridis Learning aims to address skill deficiencies by aligning training with the needs of local employers, supporting both workforce development and economic growth.
Sonder Holdings
Series A in 2016
Sonder Canada Inc. specializes in leasing hotel-style apartments to travelers, offering a range of accommodations from rooms to suites and apartments. Founded as Flatbook Corp. and rebranded in 2016, Sonder has expanded its presence across more than 30 cities in eight countries on three continents. The company focuses on delivering a seamless hospitality experience through thoughtfully designed spaces and a tech-powered service model. Its innovative app facilitates self-service features and provides 24/7 support for guests, enhancing convenience and accessibility. Sonder generates revenue by offering both short-term and month-to-month accommodations, with all units carefully selected, designed, and managed by the company.
Reservamos
Venture Round in 2015
Reservamos is a travel technology provider based in Mexico, focused on the bus industry through its two main business units. The company operates an online bus ticketing platform that allows users to search, compare, and book bus tickets, flights, and ride-sharing options across over 90,000 routes and 3,700 destinations in Mexico and the United States. Reservamos aims to enhance the booking experience by providing comprehensive service details and price comparisons, enabling travelers to access schedules and make reservations online with ease. With a vision to lead in travel technology, Reservamos emphasizes the importance of digital channels and aims to facilitate smarter selling for bus companies, thereby unlocking growth opportunities through digitization and data-driven insights.
Assured Labor
Series B in 2015
Assured Labor leverages mobile phones and the internet to connect employers with the best low-to-mid wage candidates in their area. The company's disruptive platform is optimized for the realities of the Emerging Markets where 3 of 4 Internet users access the web sporadically and nearly everyone has a cell phone. It fosters social and economic development by improving efficiency and transparency in labor markets around the world. With 500,000 candidates and 16,000 employers, the company's Latin American brands, EmpleoListo & TrabalhoJá, are growing rapidly in Mexico and Brazil. Assured Labor was established in 2008 and is based in New York, NY, United States.
Options Away
Series A in 2015
Options Away, LLC is an online travel agency based in Chicago, Illinois, that offers customers the ability to hold airline tickets for days or weeks while they finalize their travel plans. Incorporated in 2011, the company has transformed the travel booking process by applying principles from financial markets to provide flexibility in fare management. This allows customers to secure prices and protect against fare increases while enjoying the option to benefit from any price drops before making a final purchase. Options Away's platform serves both consumers and partner airlines, enabling the sale of options on airline seats, thus offering travelers a cost-effective alternative to traditional booking methods. The company collaborates with various travel technology providers and agencies to enhance its service offerings, supported by a portfolio of patents in the airline options sector.
BookingPal
Series B in 2015
BookingPal, Inc. is a cloud-based global distribution system that serves the vacation rental, independent car rental, campground, and RV property rental markets. Founded in 2013 and headquartered in Irvine, California, the company offers a centralized booking platform that enhances the online visibility of property managers and owners by distributing listings to major travel websites, travel agents, and tour operators. Its technology includes tools such as myOptimize, which assesses listing quality and provides feedback for optimal channel placement, and myInquiry, which offers a team of reservation agents to assist with guest communications. By connecting property management software with consumer travel websites, BookingPal enables increased bookings and revenue opportunities for property managers and owners worldwide.
UpLift
Series A in 2014
Uplift, Inc. is a fintech company specializing in digital lending specifically for travel and bookings. Founded in 2011 and based in Menlo Park, California, Uplift provides loans and credit facilities that allow individuals to pay for their travel expenses in monthly installments. The company operates a buy now, pay later solution, partnering with over 100 leading travel brands to offer personalized and flexible payment options. This approach not only helps consumers manage their budgets effectively but also enhances conversion rates and customer retention for its merchant partners. Uplift's innovative platform aims to make travel more accessible and affordable for a broader audience.
Groupize
Series A in 2014
Groupize, Inc. is a technology company that specializes in providing solutions for hotel chains and properties to streamline the management of group requests and bookings. The company offers a customizable white label platform that enables planners to search for and book group accommodations online while accessing real-time pricing and inventory. Their services include a lead management application for processing group leads, a lead distribution portal for sharing information among hotel chains, and a group management page that assists organizers in planning their trips. Additionally, Groupize features social tools for effective communication and a content portal for property administrators to update information directly. Founded in 2012 and headquartered in Gloucester, Massachusetts, with a technology office in Boston, Groupize emphasizes data security and seamless integration with travel and expense tracking systems to enhance the experience for both planners and attendees.
Social Tables
Series A in 2014
Social Tables, Inc. is a developer of cloud-based software tailored for the hospitality, events, and catering industries, headquartered in Washington, D.C. Founded in 2011, the company provides a comprehensive platform that simplifies event planning by integrating various tools such as sales and catering CRM software, interactive floor plans, and lead capture services. This software allows hotels and event managers to efficiently book and manage events, while also facilitating collaboration between planners and property professionals. Social Tables focuses on enhancing the event planning process by streamlining tasks such as floor plan design, seating chart creation, and attendee information management, ultimately aiming to make the planning experience more enjoyable and less stressful. The company has operated as a subsidiary of Cvent, Inc. since October 2018.
PosIQ
Series A in 2014
Posiq, Inc. is a technology company that provides solutions specifically for the restaurant and hospitality sectors, focusing on customer relationship management. Founded in 2011 and based in San Jose, California, Posiq offers a CRM platform that integrates with existing point-of-sale systems. This platform automates the tracking of customer visits and purchasing behaviors, enabling restaurant owners to create targeted mobile offers and promotions. Additionally, Posiq's software supports marketing initiatives, including social media campaigns and mobile loyalty programs. By leveraging customer data, Posiq helps restaurants enhance guest experiences and optimize their marketing strategies to improve overall business performance. The company's clientele includes restaurant owners, value-added resellers, and restaurant consultants.
Viridis Learning
Seed Round in 2014
Viridis Learning, Inc. is an education technology company based in New York that focuses on workforce education and human capital solutions tailored for the middle-skill workforce. The company operates a platform designed to train, certify, and connect middle-skill employees with suitable employers. Through its offerings, Viridis provides training programs that lead to industry-recognized credentials, thereby facilitating job placement for individuals seeking to enter, sustain, or advance in the middle-skill labor market. The courses available include specialized training in areas such as residential concrete, advanced residential construction supervision, energy management, and public space maintenance. Viridis Learning aims to address skill deficiencies by aligning training with the needs of local employers, supporting both workforce development and economic growth.
Sphere
Seed Round in 2013
Sphere is pioneering how 360º content gets recorded, distributed, and viewed. The company has 20 pending patents that range from smartphone–based mapping and tracking techniques to bandwidth–sensitive streaming technology for 360º video. Sphere has licensed its software development kit to 60+ brands in 2012, including Samsung, Sony, HomeAway, Royal Caribbean Cruise Lines and Viator. The company is on track for its Sphere app to be pre-loaded on 67 million devices in 1Q14. Sphere is a team of 10, with most of their team comprised of engineers. Their offices are located in San Francisco, California.
Liftopia
Series D in 2013
Liftopia operates the largest online and mobile marketplace as well as the largest technology platform serving the ski and mountain activity industry. With deals up to 85% off at approximately 250 alpine resorts across North America, Liftopia allows skiers and boarders to buy date-specific lift tickets and on-mountain activities in advance via Liftopia.com and the Liftopia mobile app. Liftopia also provides resorts with software and data analytics through Cloud Store by Liftopia, a SaaS e-commerce engine, which allows resorts to leverage Liftopia’s platform tools to manage inventory, pricing, and online distribution through their own branded websites and mobile channels. Liftopia’s technology has helped evolve the ski industry to adopt more control over advance-purchase pricing, much like airlines and hotels have done for decades, to most efficiently price through periods of highly variable demand. Liftopia was co-founded in 2005 by two former Hotwire.com employees Evan Reece and Ron Schneidermann. It is headquartered in San Francisco and backed by leading institutional and angel investors.
Traxo
Series A in 2013
Traxo, Inc. is a technology company that specializes in itinerary management and loyalty tracking solutions for both corporate and leisure travel. Founded in 2008 and headquartered in Dallas, Texas, Traxo offers a suite of products designed to enhance visibility into travel data and manage off-platform bookings. Its key offerings include Traxo CAPTURE, which delivers booking data to user applications; Traxo CONNECT, which captures both on and off-platform bookings for comprehensive data visibility; Traxo FILTER, which automatically tracks off-channel corporate travel bookings; and Traxo TRAVELER, which provides real-time itineraries and flight alerts. The company's platform supports corporate travel management, expense management applications, and consumer travel, enabling travel managers and agencies to effectively monitor and manage all travel activities in one integrated system.
ID90T
Series B in 2013
"ID90T is revolutionizing airline employee travel by providing online shopping, reservation and ticketing tools, employee-only deals and discounts, and easy-to-implement technology that results in significant cost savings for our airline clients and increased employee satisfaction."
Adara
Series B in 2013
Adara is a company that provides an online audience targeting platform to help brands enhance their competitive edge in the digital marketplace. By utilizing proprietary data and audience segmentation, Adara offers actionable insights that guide business planning and improve consumer engagement. The platform enables travel brands and advertisers to gain a comprehensive understanding of their audience by analyzing real customer data. This allows advertisers to tailor their offerings and effectively reach specific audiences based on their buying habits, ultimately facilitating more personalized marketing strategies.
Sphere
Seed Round in 2012
Sphere is pioneering how 360º content gets recorded, distributed, and viewed. The company has 20 pending patents that range from smartphone–based mapping and tracking techniques to bandwidth–sensitive streaming technology for 360º video. Sphere has licensed its software development kit to 60+ brands in 2012, including Samsung, Sony, HomeAway, Royal Caribbean Cruise Lines and Viator. The company is on track for its Sphere app to be pre-loaded on 67 million devices in 1Q14. Sphere is a team of 10, with most of their team comprised of engineers. Their offices are located in San Francisco, California.
Duetto
Series A in 2012
Duetto is a leading provider of a Revenue Strategy Platform specifically designed for the hospitality industry. The company offers a comprehensive suite of cloud applications that tackle the complexities of hotel distribution and technology. By leveraging dynamic data sources and actionable insights, Duetto's software enables hotels and casinos to increase booking conversion, guest loyalty, and overall revenue. The platform allows clients to forecast and optimize demand, set competitive pricing, and manage distribution effectively, enhancing operational efficiency and agility. With a unique blend of hospitality expertise and technological innovation, Duetto aims to address the industry's most pressing challenges and deliver profitable revenue strategies.
Switchfly
Series C in 2012
Switchfly is a travel eCommerce platform that streamlines the booking, management, and delivery of travel services for organizations. By integrating various partners, including airlines, hotels, car rental services, and customer loyalty programs, Switchfly creates a cohesive user experience for both travelers and businesses. The company specializes in dynamic packaging and online travel services, allowing clients to enhance their conversion rates and boost consumer engagement. With a focus on rewards and recognition in the travel sector, Switchfly aims to optimize the travel experience for users while supporting the operational needs of airlines and financial services companies worldwide.
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