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WeTravel Raises $2M to Build Out Its Fintech Platform for Travel CompaniesSAN FRANCISCO, Feb. 12, 2018 /PRNewswire/ -- WeTravel, the payment platform for travel companies, has raised $2M from Berkeley-based The House Fund, Brett Wilson, the former CEO of TubeMogul, and other investors. The plan is to leverage WeTravel's existing traction to build out the platform, expand internationally and scale up the team. WeTravel allows travel companies to create booking pages for clients, accept payments efficiently and manage promotion, communication and financials in one place. Launched in late 2016, WeTravel has a loyal user base among students and yoga teachers that use the platform for spring break trips and wellness retreats. However, it is in the B2B space that WeTravel has seen its most significant recent growth. According to WeTravel's CEO Johannes Koeppel, "WeTravel is a natural fit for SMB travel companies. They often lack efficient, cost-effective online payment systems, especially when they offer multi-day custom itineraries or group trips. WeTravel provides them with a simple online booking engine that can be integrated into their own websites even with very limited tech knowledge."
Other investors in WeTravel's seed round include 500 startups, Amino Capital and various angels. The company came out of UC Berkeley's SkyDeck accelerator and received early support from First Round Capital's Dorm Room Fund and Foundation Capital's Berkeley Founder Program. About WeTravel WeTravel is a payment platform for SMB travel companies and individual group travel organizers such as students, yoga teachers or wedding coordinators. The payment platform allows travel organizers to create stunning booking pages for clients, accept payments efficiently and manage all promotion, communication and financials for their travel offerings. WeTravel has over 1200 clients worldwide. Press Images: http://tri.ps/pr-images Contact WeTravel:
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