5 years ago

Impala Raises $20 Million to Open Up Hotel Data and Challenge Booking Platforms

  • Impala, a London-based travel tech startup, has secured $20 million in funding led by Lakestar, just four months after raising $11 million

  • The company aims to disrupt the hotel industry by providing a platform that opens up hotel data to various businesses, similar to how Plaid opened up financial data

  • Impala's technology enables companies like TripAdvisor, Phillips, and smart lock providers to easily access hotel data, simplifying their operations

  • The latest funding will be used to develop a product that allows businesses beyond hotels and booking platforms, like airlines and search engines, to sell rooms directly through Impala's interface, reducing reliance on traditional booking platforms

  • This approach offers hotels a lower commission rate compared to Booking.com and Expedia, while also providing customers with more personalized booking options.

      • ProblemTechnology

      "Booking.com and Expedia take 25% commission from hotels and hotels are desperate to escape their clutches."

      Solution

      "Impala's technology allows hotels to connect to a variety of businesses like airlines and search engines directly, bypassing the need for booking platforms and charging a much lower commission."

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