Fundz

TravelX raised $10M in seed funding led by Borderless Capital to tokenize inventory and innovate travel distribution.

PRIVATEJul 04, 2024

Amount Raised

$10 Million

Round Type

Seed

MiamiInformation TechnologyTravelBlockchain

Investors

Monday CapitalMyelin CapitalDraper CygnusAlgorandBorderless Capital

Description

TravelX, a blockchain-based travel distribution startup, raised $10 million in seed funding to tokenize inventory in the travel space and develop new ways of distribution.

Quick answer

TravelX raised $10 Million in a Seed round, dated July 4, 2024. Investors: Monday Capital, Myelin Capital, Draper Cygnus, Algorand and Borderless Capital. TravelX is based in Miami, Florida, United States.

How much did TravelX raise?
TravelX raised $10 Million in a Seed round on July 4, 2024.
Who invested in TravelX?
Monday Capital, Myelin Capital, Draper Cygnus, Algorand and Borderless Capital are named as investors in this round.
What does TravelX do?
TravelX is a blockchain-based travel distribution startup with a focus on tokenizing inventory in the travel space and developing new ways of distribution.
Where is TravelX based and how big is it?
TravelX is based in Miami, Florida, United States. Fundz records about 59 employees.
Who are the decision-makers at TravelX?
Fundz holds 1 contact at TravelX. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Travel and Blockchain around the same time

Companies in the same sectors as TravelX that raised within 45 days of this round, from Fundz verified event records.

  • Arch raised $20M (Series A) on August 16, 2024.
  • Primer raised $18M (Funding Round) on August 16, 2024.
  • Coras raised $1.4M (Funding Round) on August 16, 2024.
  • Chaos Labs raised $55M (Series A) on August 15, 2024.
  • Sling Money raised $15M (Series A) on August 14, 2024.
  • Sahara AI raised $43M (Series A) on August 14, 2024.

Who to call at TravelX, and when

A new round usually means TravelX is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day TravelX raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at TravelX, from your own LinkedIn network

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Company Information

Company

TravelX

Location

Miami, Florida, United States

About

TravelX is a blockchain-based travel distribution startup with a focus on tokenizing inventory in the travel space and developing new ways of distribution. The company aims to address the pervasive friction and inefficiency in travel distribution, especially in light of the challenges related to the pandemic. TravelX plans to leverage blockchain technology to introduce disruptive value propositions and enhance efficiency for both suppliers and consumers in the travel industry.

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TravelX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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