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Industries
Consumer Software
Consumer Goods
Company Size
1,001-5,000
Company Stage
Series C
Total Funding
$58.5M
Headquarters
New York City, New York
Founded
2021
ForaTravel.com provides personalized travel planning services, focusing on creating hassle-free travel experiences for individuals and families. The company employs Fora Advisors, who are travel agents that work closely with clients to understand their specific vacation needs and manage all aspects of travel arrangements, including hotel bookings and honeymoon planning. What sets Fora apart from its competitors is the high level of personalized service and attention to detail, which is reflected in positive client testimonials. Fora Advisors benefit from comprehensive training and access to advanced technology, allowing them to effectively cater to diverse client needs. The company's goal is to ensure a seamless travel experience for its clients while generating revenue through trip sales, planning, and bookings.
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Total Funding
$58.5M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
Commuter Benefits
Supplemental Life Insurance
Stock Options
ClassPass Memberships
Gym Membership
Flexible Work Hours
Fora Travel, a modern travel agency and a PhocusWire Hot 25 Travel Startup for 2023, has raised $60 million in its Series B and C rounds. The funding was led by Insight Partners and Thrive Capital, with participation from Forerunner Ventures and Heartcore Capital. Co-founder Evan Frank announced the investment will be used to modernize the travel industry and empower travel entrepreneurs globally. Fora has surpassed $1 billion in sales and aims to enhance the travel booking experience using AI.
Travel platform Fora has raised a previously-unannounced $60 million from investors including Thrive.
Exclusive: thrive-backed Fora has raised $60 million for a travel agent platform that can withstand a recession.
Here's our roundup of the people, product and partner news from the global travel industry this week.SITASITA announced three partnerships this week. The company has signed an agreement with Matarat Holding to advance the digital transformation of airports across Saudi Arabia. The deal aims to implement scalable technologies to improve passenger experience and operational efficiency. SITA’s biometric solutions are already in use at major airports in Riyadh, Jeddah, Dammam and NEOM.The airline information technology (IT) specialist also partnered with NEC Corporation in an effort to accelerate adoption of digital identity technology in travel. NEC will join SITA’s Digital Travel Ecosystem, an open framework that enables secure, real-time identity verification without complex integrations. SITA and Airportr have also signed a five-year agreement to expand off-airport baggage handling services, in response to rising traveler demand for home or hotel bag pickup. Airportr’s delivery platform is set to integrate with SITA’s Flex and Bag Journey systems.EDreams Odigeo reaches 7.25M subscribersEDreams Odigeo has reached its goal of 7.25 million Prime subscribers nearly a year ahead of schedule, quadrupling its base since 2021, when the goal was set. “7.25 million isn't just a figure; it's yet more proof of our capacity to execute on a long-term vision and deliver on our promises,” said Dana Dunne, CEO of eDreams Odigeo. He credited the platform’s growth to its scalable model and tech-driven approach
On Tuesday (Aug. 6), Instacart announced an expansion of its service portfolio as part of its strategy to solidify its position in the online grocery market. The company has forged a new partnership with Uber Eats, enabling customers to order both groceries and restaurant meals through the Instacart app. This integration aims to attract new users and boost order frequency, the company said as it released its earnings report. In addition, Instacart is broadening its retail collaborations with new partners such as Sally Beauty and The Home Depot, while also upgrading its Storefront technology to drive growth for these retailers. In her second-quarter letter to shareholders, CEO Fidji Simo noted Instacart is investing in an “ambitious portfolio of longer-term bets that are starting to show promise and have the ability to unlock new growth opportunities
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Industries
Consumer Software
Consumer Goods
Company Size
1,001-5,000
Company Stage
Series C
Total Funding
$58.5M
Headquarters
New York City, New York
Founded
2021
Find jobs on Simplify and start your career today