Africa-Focused Travel Tech Startup Raises Six-Figure Seed Funding
Africa-focused travel tech platform, Viatu has raised a reported multi-million rand investment deal from a number of undisclosed investors.
The funding received will be utilised for the launch of the new travel platform, focusing on Namibia as its first destination for travellers. In addition, the funds will be used towards the building of a functional and reliable MVP, including the tailoring of trips, the ability or customise trips according to users’ preferences, and instant booking.
Read also: Black Friday Tips For Small Business Owners
Alfredo Seidemann, Founder and CEO of Viatu comments on the investment.
“I’m very excited about where we are. To see so many people support our mission, it’s been incredible to know that others too believe in the positive power of travel. We’re grateful to our investors and ready to get out there and change the way we travel”.
With headquarters located in Switzerland, the Africa-focused travel startup aims to be an industry disruptor with its easy-to-use digital platform.
The team of Viatu is comprised of former executives in travel, ex-Google employees, and Booking.com engineers, with a wealth of knowledge and experience to create a tech-enabled travel operator.
With the aim of promoting sustainable travel, Viatu allows users to book trips into adventurous and off-the-beaten-track locations for conscious travellers.
Aligning with a number of partners, Viatu ensures that users are able to book instantly without the need for a middle man agent. Both the accommodation and transportation undergo a vetting process to ensure that it abides by a sustainable guideline.
“Travel is not just an item you sell-off a shelf and sell off. It’s personal and it’s powerful and I think we don’t realize that enough. The wildlife and adventure market is a $200 billion industry waiting to be disrupted!,” comments Seidemann
Combining innovative technology and travel expertise, Viatu functions as a smarter and ‘greener’ option for those seeking travel in Africa.
The business model and service offering are based on regenerative travel, where tourism has a positive impact on the local environment and its people.
Seidemann explains that despite the challenges faced in the travel industry due to the constraints of Covid-19, Viatu is taking the stance of ‘hitting the reset button’ on tourism.
“In a post-COVID world, reinventing travel really is the only option!” Alfredo Seidemann, Founder and CEO of Viatu explained.
Read full article here
GetFundedAfrica’s mission is to uplift people and economies in Africa through entrepreneurship; helping companies find funding, grow, create jobs and solve society’s greatest challenges
Guest Contribution, GFA Attract & Application Portal For Funding
Guest Contribution: Disruptive Digital Solutions Is Rewiring The DNA Of Banking
Imagine a bank whose customers can tap on a wearable device to make a payment, regularly receive updates on changes they could make to their investment portfolio through AI-generated insights. Read more
GFA Attract Interview
Katherine (Kate) Pam is a seasoned Business Consultant and Social Entrepreneur with over 17 years of experience in consulting, oil and gas and financial services sectors. She is Group CEO of The Stalwart Group, which comprises three thriving subsidiaries. Watch Here
Apply For Funding
GetFundedAfrica provides equity capital from $1,000 to $50,000.
For larger amounts (Above $50,000)
we organize syndicated funding rounds of up to $500,000.
“Business is always a struggle. There are always obstacles and competitors. There is never an open road, except the wide road that leads to failure. Every great success has always been achieved by fight, every winner has scars. The men who succeed are the efficient few –they are the few who have the ambition and will-power to develop themselves. So choose to be among the few today.”– Chris Kirubi, Centum Investment, Kenya