BookitnGo Secures Series A Funding to Boost AI Travel Tech
BookitnGo has successfully raised a Series A funding round led by Claritas Capital, with significant participation from True Global Ventures, as announced in a press release. This funding aims to accelerate the company's AI-driven travel technology initiatives.
The investment will enable BookitnGo to enhance its AI-powered platform, which offers seamless travel experiences and supports other travel tech companies. The company has shown impressive growth, with an 8x increase year-over-year and projections indicating continued expansion throughout 2025.
BookitnGo plans to use the new capital to further develop its product, expand its market reach, and optimize margins through predictive demand insights. The company is on track to achieve profitability by the third quarter of 2025, having already surpassed $5.5 million in gross merchandise value and $1 million in net revenue.
We hope you enjoyed this article.
Consider subscribing to one of several newsletters we publish. For example, in the Daily AI Brief you can read the most up to date AI news round-up 6 days per week.
Also, consider following us on social media:
Subscribe to Daily AI Brief
Daily report covering major AI developments and industry news, with both top stories and complete market updates
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read more