Roibos, the travel-tech startup revolutionizing the hotel-travel industry, has received a significant investment from VMS Ventures, a leading investment firm. The undisclosed funding will fuel Roibos’ mission to streamline the travel industry by connecting hoteliers and travel providers directly, removing unnecessary intermediaries.
Roibos’ innovative platform offers a user-friendly experience for both hoteliers and travel operators, creating an efficient and transparent booking process. With the new investment, Roibos plans to ramp up its technology development, integrating cutting-edge features and enhancing the platform’s overall performance.
Roibos is committed to expanding its global presence and with this investment, it aims to grow its team of travel experts and industry professionals to serve customers better. The investment from VMS Ventures marks an important milestone for Roibos, reinforcing the company’s position as a leader in the travel-tech industry.
VMS Ventures and Constellation Software’s Juniper Travel Technology Portfolio have a proven track record of investing in innovative travel-tech startups. Recently, Constellation Software acquired Peakwork, a dynamic packaging technology specialist, for an undisclosed amount.
Roibos is set to benefit from their expertise in the travel-tech industry. Roibos’ platform offers a unique value proposition, providing direct connectivity between hotels and travel providers, bypassing traditional intermediaries and enabling hotels to set individual rates and policies for each provider.
The strategic investment from VMS Ventures and Constellation Software will provide Roibos with the resources and guidance it needs to achieve its growth objectives. By leveraging the expertise of its new investors, Roibos aims to scale up its operations, expand its customer base, and strengthen its competitive edge in the travel-tech market.
“We’re thrilled to partner with VMS Ventures, who brings a wealth of experience and resources to our company,” said Patricia Rossello and Jaime Sastre, the founders of Roibos. “This investment will enable us to continue building on our success and deliver even greater value to our customers.“
More Stories
Saudia Launches AI-Powered Digital Platform Named “Travel Companion”
Travel Industry’s Investments In AI Are Increasing – LIH Report
AI To Become More Prevalent in Travel & Tourism Industry – WTTC Findings