Funding will be used to enhance product capabilities and expansion
InterLnkd secures £1M investment to fuel growth and innovation
Intelligent shopping mall partner Interlnkd has secured £1 million in seed funding, to accelerate its growth and international expansion.
The funding round was led by Vanneck Ltd and had participation from other angel investors.
The company has said the new funding will be used to launch a series of functionality and design enhancements, as well as to support its expansion into other regional markets.
The announcement follows a string of recent partnerships with travel brands including Thomas Cook, HolidayPirates and LeShuttle (Eurotunnel).
Barry Klipp, chief executive Officer of InterLnkd, said: “This new round of investment marks a pivotal moment for InterLnkd.
“It not only validates our mission to help the travel industry capitalise on a new and free stream of ancillary revenue, but also empowers us to deliver an even more tailored experience to our partners and their customers.
“We look forward enhancing our capabilities, expanding our global footprint, and reshaping the world of travel shopping.”
Heneage Stevenson, director of Vanneck Ltd, added: "InterLnkd has built a truly unique and disruptive solution for the travel industry, where relevance and personalisation are paramount.
“At Vanneck Ltd., we see enormous potential in the start-up’s innovative approach to unlocking a new source of ancillary revenue for travel sellers and are excited to support their growth into new markets.”
The UK-based company’s white-label technology enables travel sellers, including airlines, tour operators, and Online Travel Agencies, to earn a cost-free incremental revenue stream from the items their travellers want and need for their holidays.
Interlnkd won this year’s startup competition at World Aviation Festival and has been shortlisted in two categories – Start-up of the Year and Disruptor of the Year - at the Travolution Awards 2023.