TripCreator announced raising $8M in capital investment.
TripCreator, a Reykjavík, Iceland-based company providing of trip-planning solutions, announced in a press release that it secured $8m in funding. The capital was provided by a group of undisclosed private investors, business angels and VC funds.
TripCreator, founded in 2013 by CEO Hilmar Halldórsson, Baldvin Haraldsson and Ólafur Hilmarssonand, provides planning, management and analysis of complex leisure and business trip itineraries.
The solutions are provided free for the consumer segment and as white-label and branded products that can be integrated with existing platforms through dedicated APIs for the corporate clients.
Existing clients include travel agencies like Tumlare (part of JTB Corporation, one of the largest DMCs in the world), Grayline Iceland and WOW Airlines.
Prior to this capital funding round, TripCreator has raised about $5M from investors, with $2M closed in 2017, for solely focusing on the B2B market.