9 years ago
Traveltek Secures £5.3 Million to Expand Global Reach
Traveltek, a UK-based provider of dynamic packaging technology for travel agents, has raised £5.3 million in funding from YFM Equity Partners
The investment will be used to further develop Traveltek's product and accelerate its international office expansion
Founded in 2002, Traveltek provides travel retailers with technology to package together hotels, flights, cruises, and other travel services in one seamless transaction.
ProblemTechnology
"Travel agents, tour operators and wholesalers around the world struggle to seamlessly package together flights, hotels, cruises and other travel services for their customers. They often have to use multiple systems and platforms to create these packages, making the process time-consuming and inefficient."
Solution
"Traveltek offers a single platform that allows travel agents, tour operators and wholesalers to package together flights, hotels, cruises and other travel services in one seamless transaction. This makes it easier and faster for them to create and sell these packages to their customers."