Company Overview
Snapshot
Founded in June 2015 by Erez Bousso and Yoni Alhadeff, Move operates with 11–50 employees. The company has raised $5 million across one funding round from one investor. In January 2020, its predecessor, Smartair, was acquired by Talma Travel and Tours for NIS 40 million, contingent on Talma's IPO.
Business overview
Move is a global travel and technology company that develops proprietary vacation package solutions. The company's core offering is an AI-enabled platform and algorithm that provides travelers with access to real-time personalized vacation offers. Move serves the travel and tourism industry, including hotels, travel agencies, and airlines, and operates within the retail platforms sector, focusing on online tourism and travel services.
Strategic signal
In January 2020, Talma Travel and Tours acquired Smartair, Move's predecessor, for NIS 40 million, ahead of Talma's IPO on the Tel Aviv Stock Exchange. This acquisition, contingent on the IPO's success, signals a strategic move to accelerate online reservation capabilities in developing markets and highlights the value of AI-driven travel platforms in the evolving tourism landscape.
Log in to access full profile ›Company Intelligence Q&A
- When was Move founded?
- Move was founded in June 2015.
- Who are the founders of Move?
- Move was founded by Erez Bousso and Yoni Alhadeff.
- What was a significant acquisition related to Move?
- In January 2020, Talma Travel and Tours acquired Smartair, Move's predecessor, for NIS 40 million. This acquisition was contingent on Talma's IPO on the Tel Aviv Stock Exchange.
- Which company acquired Smartair, the predecessor to Move?
- Talma Travel and Tours acquired Smartair in January 2020.
- What is the primary technology behind Move's platform?
- Move utilizes an algorithm and AI-enabled platform to provide travelers with real-time personalized vacation offers.