Travel startup Bookaway has secured $35 million in Series B funding, backed by global investors Aleph, Corner Ventures, Entrée Capital and a group of angels led by Elad Kushnir, the company announced Wednesday.
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Bookaway was founded in 2017 on a passion for travel "by travelers, for travelers" by Noam Toister (CEO and founder), Jonathan Bensaid (founder), and life-long friends and business partners; David Yitzhaki (CMO and co-founder) and Omer Chehmer (COO and co-founder). Bookaway serves as a B2C e-commerce platform, enabling travelers to search for, compare and book bus, ferry and train tickets around the world.
Michael Eisenberg, Co-founder of Aleph, said "The Bookaway founders have impressed us from the beginning, not only with their ingenuity, but also with their passion and values. Humble and resilient in the midst of a global pandemic, the trio presented a map that no one in the travel industry has described before, particularly for the harder-to-reach areas of the world. They help people to see more parts of the world, experience different cultures, meet different people, and ultimately be better humans."
Noam Toister, CEO and founder of Bookaway, said: "Currently 95% of the ground transportation industry is offline, meaning travelers waste precious time and money trying to navigate their journey on the ground, having booked their flights, hotel and experiences online. Local transport suppliers are being left behind the rest of the travel industry."
