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TRIPDIZER raises $ 300,000 in seed round led by 500 Startups  - Daily News Egypt

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TRIPDIZER raises $ 300,000 in seed round led by 500 Startups 

Travel Tech Web App set to scale personalized curated trips to the next level


Tripdizer, a travel-tech company that enables travelers to plan and book curated trips by 

learning about their personality and interests, has announced that the company recently

closed its seed round with $300,000.

The round was led by 500 Startups, a venture capital firm in the MENA region, with participation from Innoventures.

Founded in 2017, by Ziad El Adawy, Yara Yehia, Sameh Saleh, Hatem Ayoub, and Mohamed Mostafa, Tripdizer recognised the difficulty and the time-consuming efforts of travelers in organising trips and sought to provide an enhanced travel service that allows the customer to book an entire trip in a few simple steps at the touch of a button online.

Tripdizer’s website helps the traveler choose from an array of travel options using the preferred itinerary, allowing them to book a trip in just a few short steps. The team assists every customer as per their preferences and budgets, for flights, accommodation, and activities. Tripdizer uses machine learning to generate curated trips for travelers within a few minutes.

Ziad El Adawy, the founder and CEO of Tripdizer said: “the Middle East is the fastest growing outbound travel market in the world, and we are seeing a high rate of internet and technology adoption. It is expected that over the next two years, 50% of the travel bookings will be made online and we want to be in the forefront of such a wave in the region. There has never been a better time for a solution like Tripdizer, not only because it fills a gap in the travel ecosystem but also because demand is growing for online travel booking services.”

Commenting on the fundraising announcement, Sharif El-Badawi, Managing Partner at 500 Startups MENA said, “Since its inception, Tripdizer has been growing steadily at 30% month-on-month, successfully increasing the customer base to thousands of travelers. We are pleased to have led this funding round and look forward to working closely with this remarkable team as they advance to the forefront of the travel industry.”

Earlier this year, Tripdizer was recognised as the most innovative travel startup in the region, by the United Nations World Tourism Organisation (UNWTO) and the ministry of tourism in Egypt at an event organised for tourism startups in the region.

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https://wwww.dailynewssegypt.com/2019/11/16/tripdizer-raises-300000-in-seed-round-led-by-500-startups/
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