Entravel Group Raises $7.5 Mn to Expand White-Label Travel Platform

Part of the funding will support the development of a stablecoin-enabled financial layer. This technology is designed to make financial transactions within the travel industry easier and more efficient.

The funding round was co-led by Ethereal Ventures, chaired by Ethereum co-founder Joseph Lubin, and Finality Capital. Other investors included GSR, Varrock, G1 Ventures, Seier Capital, Veris Ventures, Funfair Ventures, and WTG Ventures.

Entravel Group provides technology that allows companies to offer travel booking services under their own brand. Businesses can use its platform without having to build and manage their own booking systems and supplier connections.

The company aims to solve problems caused by the fragmented travel industry. Hotel information, prices, and available rooms are often spread across different suppliers and systems. Entravel brings these services together to make travel booking easier for businesses and their customers.

According to founder and CEO Mathias Lundoe Nielsen, users of Entravel Group’s white-label travel platforms can save up to 60% on some hotels. The platforms also have an average booking conversion rate of more than 10%, compared with the industry average of around 1% to 3%.

"Our model brings together every part of the booking process. Entravel then turns this hotel supply and technology into a ready-to-use stack," said Nielsen.

Entravel Group is focused on the changing way people book travel. Travel services are now moving beyond traditional travel websites and are increasingly being added to fintech apps, super-apps, and other digital platforms.

The company allows businesses with existing customers to offer travel services under their own brands. This gives them a chance to create a new source of revenue without having to build a travel business from the ground up.

Entravel Group is also working on technology that can support AI-powered travel bookings. AI tools are already helping people search for destinations, compare options, and plan trips.

However, turning AI-generated travel recommendations into actual bookings requires access to live hotel availability, accurate prices, organised travel information, and supplier systems. Entravel Group is developing technology to help connect these elements and make AI-driven travel transactions possible.

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