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Launched by VC firms F-Prime Capital and Eight Roads, this inaugural award highlights the most innovative and successful companies in the travel technology industry.
Boston and London – Travel Tech Titans Awards It celebrates game-changing initiatives and benchmarks that are redefining the future of travel and hospitality. A panel of judges including technology investors, industry executives and experienced founders selected 18 winners from nearly 200 nominations.
In total, the nomination pool represents 21 countries with more than 12,000 employees. They raised $6.9 billion from bootstrapped to pre-IPO. 70% of the selected companies are focused on infrastructure and data, which will solve the long-standing investment problem in the travel sector.
“The global appetite for travel after the pandemic is a double-edged sword. Reaffirming the travel industry’s historically high resilience to crises, it exposed the many challenges faced after years of delayed investment in technology and customer experience. he said. Gaurav TuliPartner in F– Main capital. “As investors in the travel technology sector, we’ve seen incredible innovation and the impact of startups and want to shine a spotlight on these disruptors.”
“The travel and tourism sector represents a significant part of our economy, accounting for more than 10 percent of global GDP before the pandemic. It is a relief to see the sector recovering post-Covid with full occupancy rates in hotels and airports. However, this industry now faces new challenges that are equally pressing: labor shortages, the transition to carbon neutrality, GenZ travel buying habits, big tech trying to get into the travel distribution game. We believe startups can uniquely help solve these challenges. he said. Lucille CornettA partner in Eight ways.
Together, the 18 travel tech titans represent the full spectrum of the travel tech industry, from back-end infrastructure and industrial equipment to tours, accommodation and transportation.
Primary winners (0-10 million in funding)
- BTP automation
- Negotiation engine
- Grape wine
- Neoke
- NLX
- The pressure carbon
Mid-Range Winners ($10-50 million in cash)
- Amenity
- Canary Technologies
- b
- Point. I
- Reasonable weather
- Sherpa
Last Stage Winners ($50M+ in Cash)
- Cloud beds
- Hopper
- Mews
- OTA Insight
- Self book
- Travel perk
The judges bring a global and diverse set of experiences: executives at travel enterprise giants, entrepreneurs and investors with experience in the travel technology sector. With their expertise, this list will help shed light on the great work being done in travel technology and identify the future pillars of this industry. Judges include:
- Gilad Berenstein, Brook Bay Capital
- Carolyn Bremner, Euromonitor
- Suzanna Chiub Amadeus IT Group
- Kristi Choib Plug and Play Ventures
- Lucille Cornett, Eight ways to venture
- Will Cunningham, West Cap
- Stuart Greifb Forbes Travel Guide
- Chris Hemmeter, Thayer Ventures
- Jacob of Kurien, Highgate Ventures
- Ellen Kesler, Board member and consultant in several companies
- Simon Lehman, AJL Atelier
- Keyvan Nilforoushan, Virgil, Former – a good stay
- Mauricio Prieto, A travel tech essential expert
- Tript Singh Lambab Expedia team
- Colin Smith, Flywire
- Jean-Christophe Taunai, Travel perk
- Gaurav Tulib F-Prime Capital
- Kara Whitehill, Open consultants
Nominations are submitted by judges and the general public. Each judge then distributed five votes among the starters in each stage; Judges had limited ability to select companies within their own portfolios.
Vicky is the co-founder of the TravelDailyNews Media Network, where she belongs. Editor-in-Chief. She is also in charge of day-to-day operations and financial policy. She holds a BA in Tourism Business Administration from the Technical University of Athens and a Masters in Business Administration (MBA) from the University of Wales.
She has many years of academic and industry experience in the travel industry. She has written/edited several articles in various tourism magazines.
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