Bookaway

growth-positive

Travelier, a travel-tech company, faced a significant crisis during the COVID-19 pandemic when its revenue plummeted from $1 million a month to zero. Instead of succumbing to the downturn, CEO Noam Toister seized the opportunity to acquire competitors, strengthening the company. This strategic move was discussed in a mentorship session with WiserPay CEO Keren Smadja, as part of the Growth+ initiative by Calcalist and Poalim Tech. The initiative aims to bolster Israels high-tech industry by facilitating knowledge exchange between seasoned entrepreneurs and startup founders. The conversation highlighted the importance of resilience, strategic vision, and the ability to turn crises into opportunities. Travelier also appointed Yael Yehudai as CHRO, indicating management changes.

growth-positive

Bookaway, an online platform for land and sea transportation, has announced the appointment of Ronit Maller as Vice President of Finance and Eido Safrai as Vice President of R&D. Maller has over 10 years of experience in senior accounting positions, having worked at Cognite and Verint, and as a Director at EY Israel. Safrai has previously served as an Engineering Manager at Meta and in various VP of R&D roles at other companies. The appointments come as part of Bookaways growth and expansion strategy.

growth-positive

The Israeli startup, Bookaway, provides travelers with the ability to book transportation tickets in advance. The company was founded by Noam Toister, who realized that popular tourist attractions only allowed the purchase of physical tickets. When the COVID-19 pandemic halted tourism, Bookaway faced a significant decline in sales. However, Toister raised $35 million from investors and developed a plan to acquire its direct competitors. Bookaway now operates in 110 countries and offers tickets to some of the worlds most amazing destinations. In an interview, Toister emphasized that travelers can only purchase tickets through Bookaway, not through other websites like Kayak.

growth-positive

The article is about Noam Toister, the co-founder and CEO of Bookaway, a start-up that offers an online platform for booking ground transportation. The company has raised $81 million to date and is on track for an IPO. The company has grown to 270 employees, with operations in Israel, South America, Europe, and Asia. Despite the impact of the pandemic, which led to a 99% drop in sales and layoffs, the company managed to raise funds and acquire four competitor companies. Today, Bookaway works with over 6,000 transportation companies worldwide.

growth-positive

BookAway, a travel startup that helps travelers book ground transport, has raised $35 million in a Series C funding round. The company has acquired four consumer-facing digital brands over the past year, allowing travelers to book buses, private transfers, ferries, and trains in advance and online. The Series C funding, led by Red Dot Capital Partners, brings the total raised by BookAway to $81 million. The company is active in over 90 countries and 13,000 cities, offering more than 1.5 million products from over 7,000 operators. BookAways sales have been strong, with April sales tracking 50% above 2019 numbers. The company plans to continue its acquisition strategy and aims to become the go-to API for all travel brands that want to add ground transport alongside flights and hotels.

growth-positive

Israeli travel tech company, Bookaway, is expanding its development center in Israel and recruiting 30 new employees following a recent successful funding round of $35 million from a series of leading investors, including Aleph. The company provides access to over 100,000 transport routes and round-the-clock customer service in 14,600 cities in 80 countries worldwide. The funding will also be used to deepen product development and expand the employee base in Israel and around the world.

growth-positive

Bookaway, a road-travel booking platform, has secured $35 million in Series B funding. The company plans to use the funds to fuel its growth and expand further. Bookaway had downsized its staff at the start of the pandemic but is now looking to scale up its operations. The platform allows travelers to search, compare, and book bus, ferry, and train tickets globally. It also offers transportation operators the ability to manage day-to-day operations. Bookaway aims to address the offline nature of the ground transportation industry and provide a seamless booking experience for travelers. The funding round was backed by global investors Aleph, Corner Ventures, Entrée Capital, and a group of angels led by Elad Kushnir.

growth-negative

Tel Aviv-based travel booking startup Bookaway Ltd. plans to begin a process of cuts that will include lowering salaries and laying off some employees due to financial difficulties resulting from the coronavirus outbreak.

growth-positive

Bookaway is an online ground transportation booking service for travelers in developing countries. The company aims to alleviate travel pain points by providing a platform for customers to book ground transfers online and in advance. Bookaway recently raised $1 million in funding. The business operates in more than 20 countries and offers over 2000 different transportation lines. The companys technology supports various types of integration and helps small and medium-sized suppliers go online. Bookaway plans to expand its relationships with local suppliers and enhance their online capabilities. The company faces competition from industry giants like Booking Holdings and Expedia. Bookaway is focused on customer acquisition through SEO, content marketing, and upcoming marketing features. The company has a strong founding team with experience in the travel industry.