Stay Alfred Raises $15 Million to Bring Hotel Service to Short-Term Rentals: Travel Startup Funding This Week
Skift Take
Stay Alfred's $15 million Series A funding may pale next to the roughly $3 billion that Airbnb has raised. But the company — which services apartment rentals and aims for hotel-quality service — is part of a thriving wave of vendors providing an ecosystem of services around short-term urban rentals.
Each week we spotlight the latest travel startups to announce funding. This week's total amount raised was more than $74 million.
On Monday, Skift shared the news that Upside, a business travel startup, based in Washington, D.C., has raised $50 million from investors who saw a lot of potential upside with a $200 million valuation. The company lets business travelers buy flights and hotels at package prices, which promise overall savings.
Upside is led by Jay Walker, co-founder of travel brand Priceline and one of the inventors of name-your-price travel selling. For context on Upside, see Walker’s interview at last autumn’s Skift Global Forum.
Here are a few other ventures that revealed this week that they have raised funding.
>>Stay Alf
