TourWrist brings latest funding round to $1.25M, heavyweights liking the 360-degree views
Not content with trousering $250,000 from winning the Travel Innovation Summit at the PhoCusWright Conference a few weeks back, TourWrist has added a further $1 million to its coffers.
The additional injection was led by Thayer Ventures (previous investor in Hipmunk and HotelMe) and individuals such as Jim Hornthal (chairman of Triporati and Travelocity alum), Robert Alter (Sunstone Hotel Investors founder) and Brad Ross (360iTours founder and president).
TourWrist says the seed investment comes ahead of an anticipated Series A round next year.
TourWrist says the capital raise will help accelerate its technology road-map as well as marketing to hotels, cruise lines, tourism boards, online travel agencies and vacation rental providers.
The company initially got off the ground with $500,000 from friends and family.
NB: TourWrist in action, Royal Caribbean cruise liner:
Kevin May is a senior editor and one of the co-founders at Tnooz. He was previously editor of UK-based magazine Travolution and web editor of Media Week UK from 2003 to 2005.
He has worked in regional newspapers (Essex Enquirer) and started his career in journalism at the Police Gazette at New Scotland Yard in London. He has a degree in criminology, a postgraduate diploma in magazine journalism and publishes his first book - a biography about electronic band, Depeche Mode - in 2015.