Acquired by atriis
Industries MarketplaceSoftwareHeadquarters Regions Europe, Middle East, and Africa (EMEA), Middle East Founded Date Oct 2020 Founders Nir Gurevich, Revital Kristal Operating Status Active Last Funding Type Pre-Seed Also Known As reTravel Legal Name reTravel Technologies Ltd
Company Type For Profit
Contact Email info@retravel.io
reTravel is a next-gen marketplace that allows travel companies and content providers to connect through a single platform, offering their travelers relevant ancillaries at the right moment in their journey.
Travel Agencies are letting huge opportunities leak to other providers. Investing efforts in selling flights and hotels, which makes barely
30% from a 5.8 Trillion dollar market (2019), leaves 70% with minimal attachment rates.
Ancillaries, such as Car hire, Insurance, Covid tests, Concerts, and more, come with high commissions. Yet, most travel agencies hardly sell them, leaving the lion’s-share leak to others.
Our self-driving cross-selling and upselling technology, increases attachment rate, revenue and travelers' loyalty, with a quick onboarding process We offer a success-based business model for our simple, yet powerful solution with out-of-the-box integrations. We make AI and Machine Learning accessible and affordable to everyone in the travel industry.
Transaction Name reTravel.io acquired by atriisAcquired by atriisAnnounced Date May 11, 2022