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Tripmakery, an Austrian TravelTech startup, targets a €2M financing round to automate large group bookings
Backers include SpeedInvest, Push Ventures, founders of hotel.de, Trivago’s founders, Zaka VC & Gateway Ventures
Vienna, March 23: Tripmakery, the first platform to automate large group bookings, overlooking a European market of €20Bn, targets a €2 million round. The Austrian startup has dedicated a €300,000 ticket to SeedBlink, an investment platform for European tech start-ups, open until 2nd of April. The TravelTech will use the investment to further develop its API and market share, paving its growth towards Series A.
Founded by Robert Sasse and Ajmal Said in Vienna, Tripmakery has created a scalable solution that successfully fills the void by establishing a distinctive network of hotels and a digital infrastructure devoted to groups. The solution serves for now only the German-speaking market, but looks to expand into U.K. and France, and across Europe by 2025.
“It took us several years to develop this innovative solution. We provide a special service in the hotel booking industry, hundreds of hotels being eager to simplify their operation. More than 7,000 groups are now being processed, this number increasing by 10% to 15% each month. We're close to breaking even with our highly profitable business.” said Robert Sasse, the company's founder and CEO.
The startup has been backed since its early days by VC's like SpeedInvest or Push Ventures and by the founders of 'hotel.de', one of the largest hotel-bookings platforms in Germany. The current round is co-invested by Trivago’s founders.
Tripmakery is raising on SeedBlink to welcome European individual investors
SeedBlink makes it possible for individual investors to make direct investments into top-tier, thoroughly screened tech startups, which were previously exclusively open to institutional investors and venture capital funds, allowing individuals to enter with as little as €2,500.
The co-investment platform has developed collaborations with prominent venture capital firms like SpeedInvest, Occident Group, IST Cube, or Elevator Ventures.
SeedBlink has so far contributed to DACH ecosystem funding, having among its portfolio companies German BioTech startup MK2 Biotechnologies (in a partnership with Gateway Ventures), MedTech BrainHero that addresses children with Autism Spectrum Disease and ADHD, and Swisspod, the Swiss start-up developing an ultra-high-speed ground transportation system.
Recently, SeedBlink shifted towards a Nominee operating model, based in Austria for its easy and friendly management of equity investment projects, focusing on follow-ons and secondaries.
About Tripmakery
Tripmakery is the only online booking platform aimed for groups, hailing from Austria. With a unique process automation and strong technological background, tripmakery is the first website able to scale group hotel bookings.
About SeedBlink
SeedBlink is a tech specialized venture investment platform that enables business leaders to fund top-tier European tech startups and scale-ups alongside established institutional investors.
SeedBlink Crowd SA is registered in the Register of the Romanian Financial Supervisory Authority (ASF), under number PJR28FSFPR/400001 as of 03.11.2022 with an EU passport as per European Securities and Market Authority (ESMA) register of crowdfunding services providers. Contact at email: press@seedblink.com.
PublishedMarch 23, 2023
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