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About Spotnana
Industries
Automotive & Transportation
Consumer Software
Company Size
201-500
Company Stage
Series B
Total Funding
$112.8M
Headquarters
New York City, New York
Founded
2020
Overview
Spotnana provides a modern platform for booking and managing travel arrangements, specifically designed for corporations and channel partners in the travel industry. The platform allows users to access a wide range of travel content, including air, hotel, car, and rail options, and offers self-service features for travelers to make changes, cancel bookings, and redeem unused ticket credits without needing assistance from agents. Spotnana's infrastructure supports New Distribution Capability (NDC), enabling direct integrations with top suppliers and simplifying the travel management process. Unlike its competitors, Spotnana emphasizes a user-friendly interface and excellent customer service, ensuring efficient handling of complex bookings and changes. The company's goal is to streamline travel management for businesses and enhance the overall travel experience for users.
Simplify's Take
What believers are saying
- Partnership with Cleartrip boosts Spotnana's presence in the Indian travel market.
- Direct integration with British Airways enhances service offerings and customer access.
- Collaboration with Thrust Carbon aligns with eco-friendly travel trends, offering a competitive edge.
What critics are saying
- Competition from Priceline's AI adoption may challenge Spotnana's technological advantage.
- Amadeus's enhanced cloud and AI capabilities pose a competitive threat to Spotnana.
- Marriott's new booking program for SMBs could attract clients away from Spotnana.
What makes Spotnana unique
- Spotnana offers a Travel-as-a-Service platform modernizing travel for corporations and consumers.
- The platform supports New Distribution Capability, enhancing direct integrations with top suppliers.
- Spotnana's microservices-based architecture allows rapid product development and self-service options.
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Funding
Total Funding
$112.8M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Competitive Compensation - Salary, performance bonuses, and equity stock options in a fast growing start up
Comprehensive health insurance - Medical, dental and vision at no cost to the employee
Retirement savings plan - 401(k) for U.S. employees with an employer contribution
Paid time off - Paid vacation days, paid holidays, and leaves for life events
Hybrid work model - Offices with amenities and a monthly work from home internet and phone benefit
Focus Fridays - Regular time to concentrate on deep work with no internal meetings
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 2%2 year growth
↑ 0%Spotnana, a prominent provider of modern travel infrastructure, has partnered with Cleartrip, India's rapidly growing online travel technology company.
Here's our roundup of the people, product and partner news from the global travel industry this week.Priceline hires CTOPriceline has hired Sejal Amin as its chief technology officer. She will be responsible for product engineering, data and technology operations and infrastructure for the company. Amin will also lead adoption and integration of generative and agentive AI at Priceline.She has 25 years of experience and most recently served as CTO at Shutterstock where she led AI integration."We are thrilled to welcome Sejal to Priceline. Sejal's extensive experience will be instrumental in advancing our technology strategy and enhancing the travel booking experience for our customers," said Brett Keller, CEO of Priceline. "We are confident that Sejal's leadership will help us continue to cement Priceline's position as a travel tech leader and further build our culture of innovation."Amadeus, MicrosoftAmadeus has renewed its partnership with Microsoft, enhancing its cloud and AI capabilities to help drive innovation in the travel sector. Key initiatives include AI-powered tools for corporate travel, airports and hotels such as Cytric Easy, the Virtual Airport Operations Centre and Amadeus Advisor
Here's our roundup of the people, product and partner news from the global travel industry this week. BA, SpotnanaSpotnana has developed a direct integration with British Airways enabling customers to access the airline's content as well as servicing capabilities. Get a dose of digital travel in your inbox each day
With 2024 officially closed, travel industry leaders are looking ahead.2025 is sure to shape up as another exciting chapter in the travel history books building on plenty of newsworthy happenings, trends and people moves in 2024. Experts from across the industry shared predictions around a myriad of topics including generative artificial intelligence, search, transparency, the funding climate and the future of branding
Despite having a number of corporate travel startup investments and exits under his belt, Steve Singh is nowhere near done.The co-founder of Concur, a business he sold to SAP in 2014, is currently CEO of Spotnana, an investor in and executive chairman of Center, Otto, Spotnana and Troop and continues to build out his vision for the perfect trip.Speaking during a Center Stage session at The Phocuswright Conference 2024, Singh said he's still learning, he's still having fun and feels "energized" by what emerging technology can do for corporate travel.His view is that change is already happening with technologies such as the cloud and artificial intelligence able to really improve the traveler experience as well as drive efficiency and reduce cost across corporate travel booking and expense management.Singh also discussed the need to work with open systems enabling many parties to innovate further and create additional value."Part of the reason why we actually invested in Spotnana and worked on building out the Spotnana platform is that the system of record for travel is archaic," he said."There's not a lot you can do with the existing system of record. It's not extensible in any way, shape or form. So we looked at this and said 'Can we come up with a modern version or modern system of record, make it completely extensible by anybody adding value to the trip or anybody adding value to the traveler.'"Singh went on to discuss what the corporate travel booking journey might look like 10 years from now and where and how AI agents might replace human travel agents and technology intermediaries including online booking tools and global distribution players.He also shared how his leadership style has changed over the years, an investment he wishes he'd made and what he still wants to achieve. Watch the full session below with PhocusWire executive editor Linda Fox.Executive Interview: Upending Corporate Travel (Again)!VIDEO
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About Spotnana
Industries
Automotive & Transportation
Consumer Software
Company Size
201-500
Company Stage
Series B
Total Funding
$112.8M
Headquarters
New York City, New York
Founded
2020
Spotnana is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today