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Only 6 weeks after launching, Travelbeta raises 2 million dollars

4 years 8 months ago

The Nigerian startup, Travelbeta raised a $2 million seed fund. The travel booking website has launched 6 weeks ago. The fund was led by the Nigerian investment firm Altheus Limited and will be directed into creating new partnerships all over the world to provide more travel options for users. The company aims at dominating the Nigerian travel industry in the coming 3 years. 

Since its launch, Travelbeta has generated almost $500 thousand dollars in revenues. Travelbeta was founded in July 2015 as an offline travel agency and launched online in October. The website has over 300,000 hotels globally with 900 flight destinations. Travelbeta owes its quick growth to offering the cheapest market rates and their superior customer service with several travel advisory services.


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