Swiss travel tech developer Nezasa raises $6 million to drive post-COVID growth

Swiss travel tech developer Nezasa raises $6 million to drive post-COVID growth

Pandemic will require further digitalisation of travel, says founder Manuel Hilty

Swiss travel technology developer Nezasa has raised a further $6 million from its backers.

The additional funding is in the form of convertible loans and new investment for growth secured in October.

It takes the total amount the firm has raised to $13 million.

The Nezasa platform is available to 12,000 travel agents and tour operators selling both online and offline.

The technology allows brands to “reduce costs while enabling them to generate incremental revenue by digitising the planning and booking of personalised trips,” Nezasa said.

Clients include some of Europe’s biggest tour operators such as FTI and DER Touristik and the firm has recently also expanded into the Americas.

Manuel Hilty, co-founder and chief executive said the new funding will allow Nezasa to take advantage of commercial opportunities with tour operators, travel agents and OTAs that are getting ready travel post-Covid future.

“The post-Covid market will require an even bigger digitalisation of all travel sellers,” he said.

“We are well-positioned to capture the market and are seeing a strong increase in enquiries from small to very large travel brands and OTAs to adopt our suite of planning and booking tools into their processes.

“In the last six months, we have been laser-focused on making our platform easier to adopt and on supporting those travel trends that have become more prominent in the current situation.”