Nezasa, a Swiss innovative travel technology startup, has today successfully completed its latest funding round, securing a solid €4.2 million in investment. A group of renowned investors, including Alpana Ventures, Liquid Partners, Credit Suisse (CS) and Zürcher Kantonalbank (ZKB), among others, have supported the company and shown confidence in Nezasa’s upward trajectory and strategic direction. Nezasa was supported by Ennea capital partners in the fundraising process.
The new funds will drive Nezasa’s global expansion, stimulate innovations in its product offerings, and accelerate the company’s path to profitable growth. The company is now well-positioned to leverage the evolving opportunities in the travel technology industry and solidify its position as a B2B SaaS market leader for medium to large travel enterprises.
Regarding the funding round, Manuel Hilty, CEO and founder of Nezasa, stated: “Today’s successful completion of the funding round represents a significant milestone for Nezasa. We greatly appreciate the strong vote of confidence from our investors. Their support is a testament to our market leading product, strategy and our path to profitability. We are optimistic for the next phase of our journey as we continue to reshape the travel technology landscape.”
Nezasa provides a SaaS platform to enable the Connected Trip. It automotes the planning, booking and management of multi-stage tour itineraries. This allows travel brands to sell itineraries faster, more, efficiently and with much more flexibility than the manual processes currently used today. Hilty is especially excited about the possibilities that such a platform will provide in connection with Nezasa’s AI developments:
“In addition to being the engine room that transforms itinerary suggestions from various sources (including, but not limited to ChatGPT) into bookable and manageable trips, we are also working on leveraging our AI to tackle one of the biggest unsolved challenges in travel technology: Solving disruption during the trip. We want to provide the technology that reduces friction along the whole journey, from the planning through the booking to fixing issues that arise during the trip on the fly.”
According to the company, they are on a robust growth path, which was further accelerated last year by the successful acquisition of Tripyeah. This strategic move has enhanced the company’s product portfolio and its market presence in Latam. Some of the largest players in the travel industry are already using the Nezasa platform to deliver itineraries to their customers. This is further cementing Nezasa’s position as a leading technology provider in the travel technology sector.
Read the orginal article: https://www.eu-startups.com/2023/07/zurich-based-travel-tech-nezasa-jets-off-with-e4-2-million-to-optimize-multi-stop-flight-routing/
