The State of Travel Startups 2024

Summary

Phocuswright has tracked the digital travel startup landscape for over 15 years, and as of the time of publishing this report there are nearly 8,000 companies in our Travel Startups Interactive Database.

This analysis of travel startup funding covers companies founded since 2014 and includes funding rounds raised by these companies through the third quarter of 2024. Leveraging data from Phocuswright’s proprietary database as well as desk research and interviews, this report presents a comprehensive assessment and outlook for travel startups in today’s challenging environment. Specific topics covered include:

• Funding analysis by year, deal count and size
• Funding analysis by headquarter country and region
• Funding analysis by industry category
• Analysis of merger and acquisition activity
• Analysis of investor activity
• In-depth discussion of market forces driving investment trends

To explore the data behind this analysis, please check out the Travel Startups Interactive Database.