This article presents an analytical overview of 10 new travel companies that are advancing the industry through the latest technological integrations and innovative applications. These companies introduce solutions such as virtual reality travel retail to enhance the traveling experience and travel operating systems to streamline travel management.
They also provide travel APIs for seamless connectivity and innovative travel insurance platforms that provide comprehensive coverage. Each featured company highlights diverse applications in travel technology. These advancements underscore the expanding role of new travel companies in enhancing user experience, operational efficiency, and industry innovation.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the travel industry. This sector is marked by key trends and a substantial workforce, shaping its future. The last time we updated this report was 5 days ago. If there’s something missing or off, your tips are welcome! Here are some key insights at a glance:
- Current Travel Trends: The latest trends in the industry include virtual traveling, travel bots, travel analytics, ecotourism, and travel SaaS.
- Travel Industry Statistics: There are over 13K+ travel organizations worldwide. In the last five years, more than 1.8K new travel companies were founded, with an average founding year of 2020. Each of these companies employs approximately 60 people, and the average funding received per funding round by these companies during the same period is USD 30.9 million.
- 10 New Travel Companies to Watch:
- GoTo HUB – Travel Tech Ecosystem
- Tripnly – Web 3.0-Powered Travel Solutions
- TKG Platform – Travel Operating System
- Time Traveler – Virtual Reality-based Travel Retail
- Hologys – Decentralized Tourism Marketplace
- Tiqwa – Customizable Travel API
- Flyzy – B2B Travel Portal
- CeCubed – Business Travel Data Analysis
- soNomad – Travel Insurance Simplification
- SkyLink – AI-based Corporate Travel Agent
Discover 10 out of 1.8K+ Emerging Travel Companies
In this section, we spotlight 10 new travel companies innovating in various areas. These travel tech solutions focus on virtual reality travel retail that enhances the booking experience with immersive virtual tours. Travel APIs enable seamless connectivity across platforms and improve efficiency and user experience. In addition, travel operating systems streamline travel management processes and integrate various functions into a cohesive system. Read on to explore many more innovative solutions that these companies offer!
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. GoTo HUB
- Founding Year: 2020
- Employee Range: 11-50
- Location: Norway
- Signal Strength: Medium
- What they do: GoTo HUB creates a travel tech ecosystem offering a wide range of booking software. Its GoTo HUB connects travelers, destinations, hotels, and activity providers. The platform facilitates bookings worldwide, while GoTo Booking offers a simple and effective system for tours & activities and accommodation suppliers. In addition, GoTo Packaging enables easy creation of packages between different suppliers. As a commercial destination partner, GoTo Destination enhances value for regional tourism companies and fosters cross-selling and packaging opportunities.
2. Tripnly
- Founding Year: 2022
- Employee Range: 2-10
- Location: Turkey
- Signal Strength: Very Strong
- What they do: Tripnly develops a travel platform that enables carbon-neutral trips. It addresses common traveler pain points such as difficulty in planning, scattered information, and lack of collaborative tools. It leverages Web 3.0 technologies to provide web and mobile-based solutions. Travelers benefit from features like a planner, experience marketplace, itinerary generator, smart referral system, sustainability index, and reward sharing. Tripnly platform also enhances brand reputation and reaches a global travel audience.
3. TKG Platform
- Founding Year: 2020
- Employee Range: 11-50
- Location: Australia
- Signal Strength: Medium
- What they do: TKG Platform offers a travel technology solution. Its key feature is the single sign-on (SSO) system that enhances security, privacy protection, and business operation transparency. The platform enables real-time data and workflow management and reduces human errors through automation of booking process. Further, it includes a ready-built eCommerce website with a responsive online booking engine. It provides access to refined service products like river cruises, tours, activities, flights, and hotels. TKG Platform benefits travel agents, tour operators, and travel wholesalers by automating the entire travel booking process.
4. Time Traveler
- Founding Year: 2019
- Employee Range: 2-10
- Location: US
- Signal Strength: Very Strong
- What they do: Time Traveler develops TTViewers, a line of mass-retail virtual reality travel-retail products. TTViewers leverages smartphones, compact hardware, and 360°VR content to deliver immersive VR experiences. These experiences transport users back in time and showcase the contrast between the present and past at historic sites worldwide. Time Traveler also develops custom products and experiences for large-volume partners.
5. Hologys
- Founding Year: 2021
- Employee Range: 2-10
- Location: Italy
- Signal Strength: Very Strong
- What they do: Hologys connects all stakeholders in the tourism sector through a decentralized marketplace. Its B2B management software Iglooms and Hub Voyage serves accommodation facilities and tourism operators. It enables them to sell products and manage contacts, promotions, accounting, collections, and payments. Whereas, its B2C platform Loove Italy allows travelers to create itineraries. The company leverages blockchain to democratize the sector and grants equal market access to large, small, and micro-entrepreneurs. Further, its focus on territorial valorization supports local businesses and enhances their distinctiveness.
6. Tiqwa
- Founding Year: 2021
- Employee Range: 11-50
- Location: Nigeria
- Signal Strength: Very Strong
- What they do: Tiqwa optimizes the travel tech industry by making travel inventories easily accessible. The company provides a travel API, which is easier for developers to build for travel and tourism. It also offers Anchor, a tool to run online travel agency along with Tisiva, an agent tool to sell flights and hotel bookings. Tiqwa offers a single API call for all travel inventories and features well-structured API responses in a lightweight JSON format. Further, the multiple global distribution systems (GDS) are accessible in one place. The flight inventories from different GDS are available using Tiqwa’s API. This includes flight offer search, flight booking, and post-booking management.
7. Flyzy
- Founding Year: 2020
- Employee Range: 11-50
- Location: India
- Signal Strength: Very Strong
- What they do: Flyzy offers a B2B travel portal that streamlines corporate and travel agent operations. Its Visa solution ensures affordable, reliable, and punctual visas. It allows businesses to digitize processes, including lead management, trip coordination, itinerary creation, and financial management. The company also offers a semi-white-label mobile app that facilitates on-trip communication and payments. Flyzy also handles GST billing and digital payments. In addition, it grants direct access to international on-ground inventory and promotes transparency and competitive pricing
8. CeCubed
- Founding Year: 2020
- Employee Range: 2-10
- Location: UK
- Signal Strength: Strong
- What they do: CeCubed develops an application that cleans and analyses travel data for businesses. The platform visualizes corporate travel and aids in reducing costs and lowering carbon emissions. It transforms data to understand travel patterns and optimizes efficiency by identifying and eliminating unessential travel. Its key features include accurate reporting, impactful visualizations, and a comprehensive travel footprint. Further, the detailed analytics by function, cost center, and job title enhance the organizational structure. CeCubed also provides objective CO2 calculations and impartial recommendations for offset companies
9. soNomad
- Founding Year: 2019
- Employee Range: 11-50
- Location: Canada
- Signal Strength: Very Strong
- What they do: soNomad streamlines travel insurance by offering a low-cost approach. The company transparently charges a minimal fee per transaction compared to traditional brokers with hefty commissions. Its platform simplifies travel insurance purchases. For medical coverage, it provides emergency assistance, air ambulance, and hospitalization. Its trip cancellation and interruption insurance safeguards against unexpected events. Whereas, visitors to Canada benefit from emergency medical coverage, including Covid-19, without extra cost.
10. SkyLink
- Founding Year: 2021
- Employee Range: 51-200
- Location: US
- Signal Strength: Very Strong
- What they do: SkyLink provides a platform that enables booking and managing travel directly from a messaging application. It offers two main products: Email Automation and SkyLink Chat. Email Automation provides a co-pilot for booking and non-booking workflows. SkyLink Chat, on the other hand, acts as a digital agent within the native enterprise chat channel. The platform personalizes the experience according to loyalty and travel preferences and optimizes options to guide travelers toward cost-effective choices. SkyLink also reduces call volume to travel management companies (TMCs), which saves time and money.
Quick Tip to Find New Travel Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new travel companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces hours of your conventional desk research, saving time and resources in identifying travel innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the travel industry. The platform keeps you informed with near real-time updates on emerging travel tech solutions and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the travel sector, such as travel bots, travel APIs, or virtual tours. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Travel Companies?
We’ve explored the dynamic landscape of the travel industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Travel Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. Interested in enhancing our coverage of startups and tech? We value insights from experts like you – reach out!
