travelBulletin

Tripfuser funding win

TRAVEL planning marketplace Tripfuser has successfully completed a $4.5 million funding round, with the Royal Automobile Club of Victoria (RACV) leading the investment which will help the Australian technology company take its operations to the next level.

TRAVEL planning marketplace Tripfuser has successfully completed a $4.5 million funding round, with the Royal Automobile Club of Victoria (RACV) leading the investment which will help the Australian technology company take its operations to the next level.

The capital raising has also seen former iSelect and Compare the Market CEO Matt McCann locked in as Chief Executive Officer of Tripfuser. McCann welcomed RACV’s strategic investment, saying it was “the strongest endorsement for the Tripfuser tailored-travel marketplace and provides a platform for a long-term partnership”.

McCann said the disruption created by COVID-19 would create significant opportunities for travel players to deliver new experiences and meet shifting traveller expectations. “Being able to tailor travel experiences using a global network of local experts will be a key capability in a post-COVID-19 world,” he said, adding that Tripfuser was positioned to deliver the unique, safe and authentic travel experiences that travellers and travel agents will require to deliver as demand returns.

 

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