PhocusWire Releases Hot 25 Travel Startups for 2020
PhocusWire and Voyager HQ released the Hot 25 Startups for 2020 list. Highlights from 2019 include Beyond Pricing raising $42.5 million, TravelPerk closing a $104 million Series C with bookings growth over 300%, Lonely Planet acquiring TRILL, LuggageHero merging with Knock Knock City, and OYO raising $1 billion in a Series E. Phocuswright's report shows overall travel startup funding reached $5.7 billion in 2018, up 55% year over year, with 40% going to B2B travel services.
Impact and considerations
The list and funding data reflect the scale of capital in the travel technology startup ecosystem and the share going to B2B travel services, offering business travel and travel industry readers a view of supplier landscape and investment trends.
Key points
- PhocusWire and Voyager HQ released the Hot 25 Startups for 2020 list.
- Beyond Pricing raised $42.5 million, and TravelPerk closed a $104 million Series C with bookings growth over 300%.
- Lonely Planet acquired TRILL, LuggageHero merged with Knock Knock City, and OYO raised $1 billion in a Series E.
- Phocuswright's report shows overall travel startup funding reached $5.7 billion in 2018, up 55% year over year.
- Forty percent of that funding went to B2B travel services.
Sources and time
- Primary source
- PhocusWire / Phocuswright
- Other sources
- 0
- First source publication
- 18 Nov 2019, 13:00
- Page published
- 14 Sept 2026, 00:35
- Last updated
- 18 Nov 2019, 13:00
- Original links
- PhocusWire All News：Welcome to the Hot 25 Startups for 2020 (opens in a new tab)Primary source · en · Published 18 Nov 2019, 13:00