In a strong vote of confidence for the recovery of travel, venture capital funding for startups in our industry strongly rebounded in 2021. Travel startups raised $8.6B in 2021, up 73% from 2020 and now nearly fully recovered at 90% of 2019.
Beneath the hood, there has been a rotation in where investors are deploying capital vs. 2019. Geographically, Asia-Pacific has returned to be a major focus for new ventures. And investment themes have shifted dramatically towards building a new generation of travel tech platforms while redesigning transpiration from the ground up.
Skift Research is optimistic that the pandemic will serve as a catalyst for a renewed commitment to innovation and transformation of the travel industry in 2022 and beyond.
Click below to download this year’s report.
What You'll Learn From This Report
- The size of the travel startup financing market, 2010–2021.
- Key 2021 funding trends in travel startups, including top themes and regions.
- Major 2021 fundings by region, company, and sector.