The latest round of funding will be used for expansion and innovation
Travel booking SaaS platform Nezasa clinches $4.7m in funding
Travel software startup Nezasa has bagged $4.7 million in its latest round of funding.
The SaaS platform’s funding round was supported by Ennea Capital Partners and investors confident in its “upward trajectory and strategic direction”, include Alpana Ventures, Liquid Partners, Credit Suisse (CS) and Zürcher Kantonalbank (ZKB), among others.
The new funds will used to drive global expansion, innovations in its product offerings and “accelerate the company's path to profitable growth”.
Manuel Hilty, CEO and founder of Nezasa, said: "Today's successful completion of the funding round represents a significant milestone for Nezasa.
“We greatly appreciate the strong vote of confidence from our investors. Their support is a testament to our market leading product, strategy and our path to profitability.
“We are optimistic for the next phase of our journey as we continue to reshape the travel technology landscape."
The travel packages booking platform automates the planning, booking and management of multistage tour itineraries.
It allows travel brands to sell itineraries faster, more, efficiently and with much more flexibility than the manual processes currently used today.
Last year, the company acquired Tripyeah, which boosted their product portfolio and market presence in Latin America.
Nesaza are working on AI developments. Hilty said: “In addition to being the engine room that transforms itinerary suggestions from various sources (including, but not limited to ChatGPT) into bookable and manageable trips, we are also working on leveraging our AI to tackle one of the biggest unsolved challenges in travel technology: Solving disruption during the trip.
“We want to provide the technology that reduces friction along the whole journey, from the planning through the booking to fixing issues that arise during the trip on the fly.”
According to Nezasa, “some of the largest players in the travel industry are already using the Nezasa platform” to deliver itineraries to their customers.