USA – Journera, a Chicago, IL-based the real-time data exchange travel platform, raised $11.6m in Series B funding round.
The round was led by Andreessen Horowitz and B Capital, with participation from existing investors Pritzker Group Venture Capital and The Boston Consulting Group. The company intends to use the funds for commercialization of the platform across the travel industry, including a new Recovery Analytics offering, software development and sales and marketing. Co-founded by BCG and CEO Jeffrey G. Katz, the former founding chairman, president and CEO of Orbitz Worldwide, president of SABRE’s Travel Information Network and CEO of Swissair, Journera provides travel-related companies with a platform to create experiences and end-to-end travel journeys for their customers in a secure and private way. The platform brings together data from throughout the travel journey to open up new possibilities for travelers – from automatically rebooking rental car reservations when a flight is cancelled, to having hotel rooms ready early when they arrive at destination in the morning, to delivering bags straight to the hotel room so they don’t have to wait at the carousel. The platform can even be used to create new experiences that enhance social distancing during the travel journey, such as automatically dispatching a rideshare based on real-time flight information to avoid waiting in crowds at the curb, or automatically dispatching a room key to the hotel guest upon flight arrival to facilitate “contactless” check-in at the property. Commercial partners include Hilton, InterContinental Hotels Group, Marriott International, Hyatt Hotels Corporation, United Airlines, and American Airlines. 10/06/2020
