Travel-tech startup Tripdizer has announced it raked in $300,000 in a rather successful seed round led by 500 Startups. Hefty capitals came from two other investors including Innoventures and Jamal El Dabal.
The startup now plans on using the fund to expand its regional footprint, develop more dynamic products, and build more brand awareness.
For those of you that don’t know, Tripdizer specializes in helping travelers plan and book their outstation trips and vacations based on their taste, personality, and preferences. The company uses machine learning and a well-established network of professional travel experts to help travelers curate and customize their trips.
“We are at a crossroads in the region; 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 2 years that 50% of the travel bookings will be made online and we want to be at the forefront of such a wave in the region,” said Ziad Eladawy, the founder and CEO of Tripdizer.
To the company’s credit, Tripdizer was named the most innovative startup in the Middle East & North Africa by the United Nations World Tourism Organization (UNWTO) and the Egyptian government earlier this year.