Press release
Travelouts Inc. Raises $1.5 Million in Venture Capital as Bookings Grow Over 500%
New Jersey-based Travelouts Inc., an online travel booking company, has secured $1.5 million in its latest venture capital funding round to support surging growth and expansion. This new financing comes on the heels of Travelouts reporting over 500% year-over-year growth in travel bookings.Founded in 2021 by veteran travel industry business person Pinki Kumar, Travelouts operates a highly praised online platform offering frictionless searching, pricing, and booking for flights, hotels, rental cars, cruises, and packaged vacations. The company leverages advanced technology to aggregate options from major suppliers worldwide while providing customers with exclusive rates and loyalty incentives.
This new funding round was led by the venture capital firm Horizon Ventures. Travelouts will leverage the new capital to accelerate technology development, increase supplier inventory, and enhance customer personalization and loyalty initiatives fueling record growth.
According to founder and CEO Pinki Kumar, "This infusion of venture capital enables Travelouts to scale up rapidly in response to surging customer demand for our seamless, transparent approach to online travel booking." She added, "Our momentum securing preferred rates from leading airlines, hotels, and rental agencies while providing a smoother booking experience proves the Travelouts model delivers real value proposition in the crowded travel aggregation space."
Venture capital firms remain bullish on new digital-first travel brands like Travelouts gaining market share through innovative consumer-first technology. Travelouts aims to cement itself among the top online travel agencies worldwide in the coming years.
Company- TravelOuts Inc.
Address- 4201 Church Road, Suite 11 Mount Laurel, New Jersey 08054.
contact- travelouts@gmail.com / emma.grace@travelouts.com
Phone Number- +1-800-508-5698
Phone Number- +1-855-738-1137
Facebook- www.facebook.com/travelouts
Instagram- www.instagram.com/travelouts
Linkedin- www.linkedin.com/company/travelouts-inc
Travelouts.com is a travel booking Company that has made a name for itself in the industry. Travelouts.com was founded in 2021 with the aim of providing travelers with affordable travel options.
At Travelouts.com, we believe that what sets us apart from the competition is our commitment to providing affordable travel options. We have partnered with airlines, hotels, Cruise and travel agencies to provide our customers with the best deals and the most competitive prices.
Company name- Travelouts Inc.
Industry- Travel booking company / Online Travel Agency
Founded in - 2021
CEO- Pinki Kumar
Founder- Pinki Kumar
Headquarter - New Jersey
Products- Flights, Hotels, Car Rentals, Holidays, Cruises
Services- Travel Booking
Website- www.travelouts.com
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