7 years ago

Triptease Raises $4 Million to Expand in Asia

  • Triptease, a London-based travel SaaS startup, has raised an additional $4 million from its investors BGF and Notion Capital, bringing the total amount raised since last year to $13 million

  • The new funding will be used to accelerate Triptease's expansion in Asia, where the company opened a Singapore office last year

  • Triptease will also continue to innovate its product, particularly by expanding the rollout of its automated chatbot to more hoteliers

  • The company is also expanding its global leadership team, with the appointment of a new Chief Revenue Officer and a Chief Customer Officer

  • The fresh capital will also allow Triptease to invest more in its successful Direct Booking Summit, one of the hospitality industry's biggest events for hoteliers.

      • ProblemTechnology

      "Hotels struggle to get more direct bookings and break away from relying on online travel agencies (OTAs), as OTAs take large commissions."

      Solution

      "Triptease provides a data-driven software platform to hotels, helping increase online conversion rates and reducing dependence on OTAs through the Triptease Direct Booking Platform, which integrates with hotels' own websites and booking engines."

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