Duffel secures £17m in Series A funding from Benchmark, Blossom Capital and Index Ventures
Benchmark led the Series A round with participation from Blossom Capital and Index Ventures to support team expansion ahead of launch.
Duffel builds software infrastructure for the travel industry to modernise how agents and operators connect with providers. The London based firm is preparing for its public launch.
Travel technology firm Duffel has raised £17m in Series A funding led by Benchmark. The round also drew participation from Blossom Capital and existing backer Index Ventures.
The fresh capital will be directed towards expanding the engineering team in London ahead of the company s public launch this autumn.
Duffel is developing a platform designed to simplify and cheapen the booking process for travel agents and tour operators by replacing legacy systems with modern infrastructure.
From the founder
"The travel industry is underpinned by archaic software and processes that are fundamentally prohibitive for the modern day traveller."
Steve Domin
Co-founder and CEO at Duffel
Investor perspective
"We have been watching Duffel from a distance and we are incredibly excited by the possibility it has to create something valuable for customers and travel providers alike."
Chetan Puttagunta
General Partner, Benchmark
Use of funds
- 01Grow the team
Investors
Categories
About the company
Duffel
Duffel builds modern booking infrastructure for the travel industry.