5 Travel Startups Saved by Funding in a Nick of Time Just Before the Crisis

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The coronavirus pandemic slammed travel tech startups, forcing some to shut down or pivot. Yet some young companies had the happy luck of landing an investment before the crisis struck. These have ridden out the storm better than most. Other promising businesses retooled their operations or products to adapt to new conditions.Skift checked in on a handful of venture capital-backed companies to see how they’ve been faring. We looked at companies that are still maturing and don’t usually get the media spotlight.“Given how many startups have up-front costs but haven’t yet figured out the flywheel on recurring revenue, having secured funding before the pandemic definitely gave companies a leg up,” said Jen O’Neal, a partner at JCJ Capital in San Francisco and an entrepreneur who co-founded Tripping.com after building startups from the ground up in the Bay Area, London, New Zealand, and Costa Rica.The founders who Skift spoke to expressed humility, noting that the timing was pure chance. They said they’re trying to make the most of the situation while also supporting the industry.Oaky, a service that helps hotels upsell guests before they arrive, announced a $9.5 million Series A round …

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