The Series A round was led by Ryan Howsam and will fund team expansion and product development.
"With the expertise we have in place and the infusion of capital from this funding round, we’re well positioned to realize our vision of helping the tours and attractions industry effortlessly connect the right products with the right travellers at the right time,"
Xploration Capital led the seed round, which will fund platform development and international expansion.
"We estimate that the market for commercial flights on private aircrafts is up to 300,000 flights a year or approximately $10 billion in the UK and Europe. Our aim is to cover 4% of this market and provide up to 12,000 commercial flights per year in the UK and Europe in 2023, connecting 150 private jets to the app with the expected turnover of $240 million."
Midven backed the Staffordshire luxury travel agency to help grow its property portfolio and create 25 new roles.
"There are large segments of consumers who have the disposable income to take multiple holidays with many of them prepared to pay for a premium/luxury offering and service. With this trend comes a significant opportunity for Luxury Cottages to build its brand and grow its revenue, particularly after consumers have sampled staycations over the last 18 months because of COVID restrictions, and now have a flavour for better quality/luxury accommodation. This management team have many years' experience within this market, and I believe they have the skills to grow this business into a significant organisation that will attract acquirers."
The London-based investment platform GroVentive backed the round to support the firm's expansion plans.
"Our vision is to enable vehicle hire operators and help the end customer cut through queues and paperwork to avail a seamless rental experience that is suited for the 21st century."