PhocusWire Presents the Hot 25 Travel Startups for 2023

PhocusWire released its list of the Hot 25 Travel Startups for 2023. Of the 25 startups, 14 were founded since the start of 2020, and 9 launched in 2021. PhocusWire selected from more than 120 startups, focusing on innovation and growth potential, and emphasizing diversity in sector, location, and founders. The article also analyzes the 100 companies selected in the past four years, which have cumulatively raised $1.7 billion in funding, with TravelPerk having received the most at $408.5 million. 70% of the companies operate primarily on a B2B basis, 57% are based in North America, and 29% primarily serve the hospitality industry.