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Tern Travel is a software platform for travel advisors that combines AI-powered tools with an all-in-one workspace. It helps advisors save time and grow their business by providing a drag-and-drop trip planner, commission tracking, and automated alerts for overdue payments, all tied to a centralized client-management system. The platform works by letting users design itineraries, manage client data, and automate routine tasks through an AI-enhanced interface, with access via a subscription model. What sets Tern apart from competitors is its integrated suite tailored specifically to travel advisors, combining itinerary creation, financial tracking, and client management in one easy-to-use system rather than requiring multiple separate tools. The goal is to reclaim advisors’ time, improve client satisfaction, and enable growth by streamlining operations and enabling more personalized travel planning.
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
1-10
Company Stage
Series A
Total Funding
$16.8M
Headquarters
Seattle, Washington
Founded
2014
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Total Funding
$16.8M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Tern (TERN) has raised £1.2 million before expenses since its year-end results to 31 December 2024. The news highlights concerns about how Tern values its stakes in Talking Medicines and FRVRS.
Tern, a travel tech company, raised $13 million in Series A funding led by Viewpoint Ventures and Haystack VC, adding to a $4 million seed round from Upfront Ventures, totaling $17 million. The funds will double its R&D team to enhance product development and expand advisor support, aiming for a seamless client-advisor tech experience. Tern simplifies advisor workflows by integrating itinerary building, CRM, and commission tracking into one platform.
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Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
1-10
Company Stage
Series A
Total Funding
$16.8M
Headquarters
Seattle, Washington
Founded
2014
Find jobs on Simplify and start your career today