Travel tech startup Duffel raises $30m
British travel tech company Duffel has raised $30m from investors to launch its innovative new booking platform with some of the world’s biggest airlines, including American Airlines, British Airways, Lufthansa Group, Aegean Airlines, Vueling, Iberia.
Duffel enables travel agencies to plug in directly to airlines’ reservation systems via an API so that they can pull real-time flight offers, make bookings, access live seat availability, and buy extra services.
Until now, new digital and mobile travel agencies – Duffel’s target market – have long lead times and high costs to access clunky flight booking systems, legacy APIs and outdated, cryptic screens.
By giving agents a way to connect instantly with airlines, Duffel represents the biggest shakeup of the travel sector since the launch of budget air travel.
Index Ventures, the backers of Adyen, Dropbox and Slack, led the Series B round, and were joined by existing investors Benchmark Capital and Blossom Capital.
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