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* Research * Overview * Find Research * Individual Reports * Subscriptions * Interactive Data * Special Projects * Overview * Completed Projects * Projects in Progress * Upcoming Projects * Custom Travel Research * Free Research Insights * Additional Services * Overview * Speaking Engagements * Thought Leadership * Consulting * Events * Event Listing * Phocuswright Conference * Phocuswright Europe * TravelTech Show * Speaking Opportunities * News * PhocusWire News * Phocuswright in the News * Innovation * About Us * Analysts * Phocuswright Team * Our Clients * Careers * FAQ * Press Room * More * * * * Activate * Sign In * Activate Sign In Report The State of Travel Funding 2023 RELATED TRAVEL RESEARCH Europe Consumer Travel 2023: Major Markets Compared This report is based on a comprehensive survey of U.K., France, Germany, Italy and Spain consumers who... Consumer Trends Read More Japan Travel Market Data Sheet 2022-2026 This data sheet provides comprehensive market sizing and projections for the Japan travel industry... Market Overview & Sizing Read More Japan Travel Market Report 2022-2026 This report provides comprehensive market sizing and projections for the Japan travel industry from... Market Overview & Sizing Read More Japan Travel Market Data Sheet 2022-2026 This data sheet provides comprehensive market sizing and projections for the Japan travel industry... Market Overview & Sizing Read More Japan Travel Market Report 2022-2026 This report provides comprehensive market sizing and projections for the Japan travel industry from... Market Overview & Sizing Read More Japan Travel Market Data Sheet 2022-2026 This data sheet provides comprehensive market sizing and projections for the Japan travel industry... Market Overview & Sizing Read More Japan Travel Market Report 2022-2026 This report provides comprehensive market sizing and projections for the Japan travel industry from... Market Overview & Sizing Read More Europe Consumer Travel 2023: Major Markets Compared This report is based on a comprehensive survey of U.K., France, Germany, Italy and Spain consumers who... Consumer Trends Read More Japan Travel Market Data Sheet 2022-2026 This data sheet provides comprehensive market sizing and projections for the Japan travel industry... Market Overview & Sizing Read More Japan Travel Market Report 2022-2026 This report provides comprehensive market sizing and projections for the Japan travel industry from... Market Overview & Sizing Read More Japan Travel Market Report 2022-2026 This report provides comprehensive market sizing and projections for the Japan travel industry from... Market Overview & Sizing Read More Europe Consumer Travel 2023: Major Markets Compared This report is based on a comprehensive survey of U.K., France, Germany, Italy and Spain consumers who... Consumer Trends Read More Japan Travel Market Data Sheet 2022-2026 This data sheet provides comprehensive market sizing and projections for the Japan travel industry... Market Overview & Sizing Read More Japan Travel Market Report 2022-2026 This report provides comprehensive market sizing and projections for the Japan travel industry from... Market Overview & Sizing Read More Europe Consumer Travel 2023: Major Markets Compared This report is based on a comprehensive survey of U.K., France, Germany, Italy and Spain consumers who... Consumer Trends Read More 1. 2. 3. 1. Travel Research 2. Technology Innovation 3. The State of Travel Funding 2023 THE STATE OF TRAVEL FUNDING 2023 Published:November 2023 Research Type:Report Segments:Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Tours & Packages Regions:Asia Pacific, Europe, Latin America, Middle East & Africa, U.S. & Canada US$495 Free for Open Access Subscribers Add to Cart SUMMARY Phocuswright has tracked the digital travel startup landscape for nearly 15 years, and as of the time of publishing this report there are over 4,600 companies in our Travel Startups Interactive Database. In recent years, the industry experienced a funding boom thanks to the low interest rates of 2021, particularly for companies that demonstrated resilience and relevance during the COVID crisis. But following the rapid rise of interest rates and other economic pitfalls, investment activity has dried up precipitously over the past two years. This analysis of travel funding covers companies founded since 2013 and includes funding rounds raised by these companies through the first half of 2023. Leveraging data from Phocuswright’s proprietary database of companies as well as desk research and interviews, this report presents a comprehensive assessment of funding to travel companies in today’s challenging environment. Specific topics include: * Analysis by year, type, region and category * Funding activity by stage * Market trends driving investment * Focus on key verticals and horizontals To explore the data behind this analysis, please check out Travel Startups Interactive Database. Analysts Michael Coletta Free For Subscribers WHAT IS OPEN ACCESS An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization. Learn More CURIOUS? CONTACT OUR TEAM TO LEARN MORE: +1 860 350-4084 501 sales@phocuswright.com WHAT IS OPEN ACCESS+ With Open Access+, your company gets access to Phocuswright's full travel research library and data visualization PLUS Special Project deliverables. Learn More CURIOUS? CONTACT OUR TEAM TO LEARN MORE: +1 860 350-4084 501 sales@phocuswright.com PROVIDE YOUR INFORMATION AND WE'LL CONTACT YOU: Industry * Advertising/Marketing Air Content/Community Corporate Travel/TMC Cruise DMO/CVB/Tourist Organization Education Financial Services Government Ground Transportation Lodging Meetings & Events PR/Media Professional Services Technology Solutions Provider Tour Operator/Wholesaler Tours & Activities Travel Agency (online/offline) Other Country * Afghanistan Aland Islands Albania Algeria Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia, Plurinational State of Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Congo, the Democratic Republic of the Cook Islands Costa Rica Cote d’Ivoire Croatia Cuba Curaçao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands (Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Holy See (Vatican City State) Honduras Hungary Iceland India Indonesia Iran, Islamic Republic of Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Korea, Democratic People’s Republic of Korea, Republic of Kuwait Kyrgyzstan Lao People’s Democratic Republic Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macedonia, the former Yugoslav Republic of Madagascar Malawi Malaysia Maldives Mali Malta Martinique Mauritania Mauritius Mayotte Mexico Moldova, Republic of Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Norway Oman Other Pakistan Palestine Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Qatar Reunion Romania Russian Federation Rwanda Saint Barthélemy Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Martin (French part) Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten (Dutch part) Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syrian Arab Republic Taiwan Tajikistan Tanzania, United Republic of Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Vietnam Virgin Islands, British Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe Other Send WHAT IS OPEN ACCESS An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization. Learn More CURIOUS? CONTACT OUR TEAM TO LEARN MORE: +1 860 350-4084 501 sales@phocuswright.com RELATED TRAVEL RESEARCH Autonomous Vehicles: When Will They Have an Impact? Autonomous vehicles are an example of a futuristic concept that everyone knows will become reality... Technology Innovation Read More Generative AI: Transforming the Travel Cycle Technology Innovation Read More The Spectacular Rise (and Fall?) of SPACs in Travel When deciding to go public, many travel companies weigh the pros and cons of a traditional IPO versus... Technology Innovation Read More The State of Innovation in Corporate Travel 2022 Due to the pandemic, quarantines and remote working policies became the norm, slashing corporate... Technology Innovation Read More Travel Innovation and Technology Trends 2023 Each year, Phocuswright publishes a content series that identifies the most significant innovation... Technology Innovation Read More Generative AI: Transforming the Travel Cycle Technology Innovation Read More The Spectacular Rise (and Fall?) of SPACs in Travel When deciding to go public, many travel companies weigh the pros and cons of a traditional IPO versus... Technology Innovation Read More The State of Innovation in Corporate Travel 2022 Due to the pandemic, quarantines and remote working policies became the norm, slashing corporate... Technology Innovation Read More Travel Innovation and Technology Trends 2023 Each year, Phocuswright publishes a content series that identifies the most significant innovation... Technology Innovation Read More Travel Startups Interactive Database Phocuswright has tracked the travel startup landscape for well over a decade. During this time, the... Technology Innovation Read More The Spectacular Rise (and Fall?) of SPACs in Travel When deciding to go public, many travel companies weigh the pros and cons of a traditional IPO versus... Technology Innovation Read More The State of Innovation in Corporate Travel 2022 Due to the pandemic, quarantines and remote working policies became the norm, slashing corporate... Technology Innovation Read More Travel Innovation and Technology Trends 2023 Each year, Phocuswright publishes a content series that identifies the most significant innovation... Technology Innovation Read More Travel Startups Interactive Database Phocuswright has tracked the travel startup landscape for well over a decade. During this time, the... Technology Innovation Read More Autonomous Vehicles: When Will They Have an Impact? Autonomous vehicles are an example of a futuristic concept that everyone knows will become reality... Technology Innovation Read More The State of Innovation in Corporate Travel 2022 Due to the pandemic, quarantines and remote working policies became the norm, slashing corporate... Technology Innovation Read More Travel Innovation and Technology Trends 2023 Each year, Phocuswright publishes a content series that identifies the most significant innovation... Technology Innovation Read More Travel Startups Interactive Database Phocuswright has tracked the travel startup landscape for well over a decade. During this time, the... Technology Innovation Read More Autonomous Vehicles: When Will They Have an Impact? Autonomous vehicles are an example of a futuristic concept that everyone knows will become reality... Technology Innovation Read More Generative AI: Transforming the Travel Cycle Technology Innovation Read More Travel Innovation and Technology Trends 2023 Each year, Phocuswright publishes a content series that identifies the most significant innovation... Technology Innovation Read More Travel Startups Interactive Database Phocuswright has tracked the travel startup landscape for well over a decade. During this time, the... Technology Innovation Read More Autonomous Vehicles: When Will They Have an Impact? Autonomous vehicles are an example of a futuristic concept that everyone knows will become reality... Technology Innovation Read More Generative AI: Transforming the Travel Cycle Technology Innovation Read More The Spectacular Rise (and Fall?) of SPACs in Travel When deciding to go public, many travel companies weigh the pros and cons of a traditional IPO versus... Technology Innovation Read More Travel Startups Interactive Database Phocuswright has tracked the travel startup landscape for well over a decade. During this time, the... Technology Innovation Read More Autonomous Vehicles: When Will They Have an Impact? Autonomous vehicles are an example of a futuristic concept that everyone knows will become reality... Technology Innovation Read More Generative AI: Transforming the Travel Cycle Technology Innovation Read More The Spectacular Rise (and Fall?) of SPACs in Travel When deciding to go public, many travel companies weigh the pros and cons of a traditional IPO versus... Technology Innovation Read More The State of Innovation in Corporate Travel 2022 Due to the pandemic, quarantines and remote working policies became the norm, slashing corporate... Technology Innovation Read More 1. 2. 3. 4. 5. 6. Contact Us For any questions you may have, please call or email us at +1 860 350-4084 info@phocuswright.com More Options About PhocuswrightEventsFAQCopyrightContact Us ResearchNewsPrivacy & TermsPress Room A wholly owned subsidiary of Email Updates Register for Phocuswright emails about research data, events and more Sign Up Copyright © 2023 by Northstar Travel Media LLC. 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