Thayer Ventures
Thayer Ventures is a venture capital firm based in San Francisco, California, with an additional office in Valencia, California. Established in 2009, the firm focuses on early-stage and growth capital investments in technology companies within the travel and hospitality sectors. Thayer Ventures specifically targets innovative companies that provide solutions in areas such as foodservice, lodging, travel technology, gaming, and airlines, while avoiding investments in real estate, restaurants, or hotels. The firm recognizes the significant economic potential of the travel industry, which generates over $10 trillion annually and is currently undergoing substantial transformation due to technological advancements and changing consumer behaviors. This dynamic environment presents unique opportunities for technology providers to penetrate a market that has traditionally been less accessible. Thayer Ventures aims to support and capitalize on these disruptive changes by investing in companies that are equipped to meet the evolving needs of the travel industry.
Sonder is a company that manages vacation and short-term rental properties, offering hotel-style accommodations to travelers in various cities across North America, Europe, and the Middle East. Headquartered in San Francisco, California, and with a presence in Canada, Sonder provides units that feature modern designs, dining areas, living spaces, and essential amenities, including beds, linens, and towels. Each property is carefully selected, designed, and managed by the company, which also offers concierge services via phone or text. Sonder's portfolio includes a diverse range of assets, such as serviced apartments, apart-hotels, and mixed-use developments, totaling over $2.3 billion in managed projects. The company generates revenue by providing short-term and month-to-month accommodations tailored to the needs of its guests.
TripBAM, Inc. is an online hotel rate shopping service based in Dallas, Texas, catering to corporations, travel agencies, and individual travelers. The company specializes in providing tools for travel managers, including its TRIPBAM Analytics, which offers valuable data insights to optimize corporate travel spending. Launched in 2013, TripBAM has established strategic partnerships, such as one with TrustYou, to enhance its service offerings and improve customer experience. With a focus on delivering cost-effective hotel solutions, TripBAM aims to streamline the travel booking process for its clients.
"ID90T is revolutionizing airline employee travel by providing online shopping, reservation and ticketing tools, employee-only deals and discounts, and easy-to-implement technology that results in significant cost savings for our airline clients and increased employee satisfaction."
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