Lufthansa Group, headquartered in Cologne, Germany, operates as a leading global aviation company with a diverse portfolio of passenger airlines, including Lufthansa, SWISS, Austrian Airlines, and Eurowings. The company provides extensive passenger services through a comprehensive route network that connects 273 destinations across 86 countries. In addition to passenger transport, Lufthansa Group encompasses various aviation services, including logistics, maintenance, repair and overhaul (MRO), and catering. Its logistics segment offers cargo transportation for a wide range of goods, while the MRO division provides essential services for civilian commercial aircraft. The catering segment focuses on in-flight services and associated logistics, contributing to the overall customer experience. With a fleet of 763 aircraft, Lufthansa Group employs a multihub strategy to enhance travel efficiency and convenience for its passengers. Founded in 1926, the company continues to play a significant role in the aviation industry, with operations extending across Europe and beyond.
AirBaltic is a hybrid airline based in Riga, Latvia, founded in 1995. It operates direct flights that connect the Baltic region with various destinations across Europe, Scandinavia, the Russian Federation, CIS, and the Middle East. In addition to passenger transportation, AirBaltic provides domestic and international charter flight services, cargo transportation, and aeronautics maintenance. The airline also offers a range of vacation packages, aiming to make travel accessible and affordable for tourists. Furthermore, AirBaltic is involved in aviation training services, enhancing its operational capabilities and contributing to the aviation sector in Latvia.
SQUAKE
Seed Round in 2023
SQUAKE offers a carbon emissions calculation platform aimed at promoting sustainability in the travel and logistics sectors. Their solution features a single application programming interface (API) that integrates seamlessly into existing digital infrastructures, allowing businesses to perform precise carbon calculations for various activities, including air, road, and sea travel, as well as accommodations and warehousing. By adhering to national and international standards, SQUAKE's platform not only facilitates accurate carbon measurement but also automates carbon reduction and compensation processes. This includes functions such as vendor selection for sustainable alternatives, inventory management, invoicing, and the retirement of carbon credits. Through these efforts, SQUAKE supports businesses in their journey towards reducing their carbon footprint and contributes to sustainable development initiatives.
ITA Airways
Corporate Round in 2023
ITA Airways, based in Fiumicino, Italy, is a modern airline operating with a streamlined approach compared to its predecessor, Alitalia. The airline boasts a younger fleet and has improved its cost structure, making it more competitive in the aviation market. ITA Airways has shifted away from the extensive employee benefits enjoyed in the past, focusing instead on operational efficiency. The airline also includes a loyalty program through its subsidiary, Alitalia Loyalty S.p.A., which aims to enhance customer engagement and retention. Overall, ITA Airways represents a more agile and financially sound entity in the airline industry.
NAVIT
Seed Round in 2023
NAVIT is a company that develops a mobility budget platform designed to enhance transportation options for employees while addressing climate change. The platform enables users to access and book various mobility services, including scooter and car-sharing, bike subscriptions, and public transportation. By allowing employees to set a mobility budget, NAVIT promotes the use of modern and sustainable modes of transport, ultimately aiming to reduce CO2 emissions associated with commuting.
Cargobase
Venture Round in 2022
Cargobase is a global cloud-based Transportation Management System built to solve tomorrow’s dynamic logistics challenges today. We offer a full-fledged modular TMS platform that covers all freight modes, is available in all major languages, and is used daily by the world’s leading shippers and logistics service providers, from SMEs to Fortune 500 companies. Core features includes: Spot-Buy Procurement, Freight Tendering, Rate Management, Freight Execution, Real-Time Visibility, Invoice Audit and Reporting & Analytics.
NAVIT
Seed Round in 2022
NAVIT is a company that develops a mobility budget platform designed to enhance transportation options for employees while addressing climate change. The platform enables users to access and book various mobility services, including scooter and car-sharing, bike subscriptions, and public transportation. By allowing employees to set a mobility budget, NAVIT promotes the use of modern and sustainable modes of transport, ultimately aiming to reduce CO2 emissions associated with commuting.
SQUAKE
Seed Round in 2021
SQUAKE offers a carbon emissions calculation platform aimed at promoting sustainability in the travel and logistics sectors. Their solution features a single application programming interface (API) that integrates seamlessly into existing digital infrastructures, allowing businesses to perform precise carbon calculations for various activities, including air, road, and sea travel, as well as accommodations and warehousing. By adhering to national and international standards, SQUAKE's platform not only facilitates accurate carbon measurement but also automates carbon reduction and compensation processes. This includes functions such as vendor selection for sustainable alternatives, inventory management, invoicing, and the retirement of carbon credits. Through these efforts, SQUAKE supports businesses in their journey towards reducing their carbon footprint and contributes to sustainable development initiatives.
NAVIT
Seed Round in 2021
NAVIT is a company that develops a mobility budget platform designed to enhance transportation options for employees while addressing climate change. The platform enables users to access and book various mobility services, including scooter and car-sharing, bike subscriptions, and public transportation. By allowing employees to set a mobility budget, NAVIT promotes the use of modern and sustainable modes of transport, ultimately aiming to reduce CO2 emissions associated with commuting.
Navan
Series D in 2020
Navan is a company that specializes in corporate travel management, expense management, and corporate card solutions aimed at automating manual processes and enhancing spend visibility. By leveraging advanced technologies such as artificial intelligence and cloud computing, Navan offers a modern platform that prioritizes traveler safety while controlling costs. The company focuses on providing seamless travel booking and itinerary management, ensuring that businesses can manage their travel needs effectively and efficiently. Through its innovative approach, Navan aims to transform the traditional travel and expense management landscape by delivering high-quality service and actionable real-time data to its clients.
Hopper
Series D in 2018
Hopper Inc. is a travel technology company based in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, and Sofia, Bulgaria. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper has developed a mobile application that leverages big data and predictive analytics to provide users with travel recommendations. The app specializes in analyzing and forecasting airfare and accommodations, enabling travelers to secure the best deals. Hopper notifies users when flight and hotel prices are anticipated to be at their lowest, allowing them to make informed decisions about their travel plans. The company's innovative platform aims to simplify the travel booking process, making it easier for users to plan and book their trips directly from their mobile devices.
Yilu
Series A in 2018
WYilu is a smart travel platform with a broad partner ecosystem that enables seamless and reliable travel experiences. Its goal is to revolutionize the entire travel process, from the point of departure to the final destination, to provide customers with a connected, convenient and enjoyable experience while creating new growth opportunities for travel companies. To achieve this, the company is developing a smart end-to-end travel platform that connects selected travel, mobility, and service providers along the travel chain.
Brussels Airlines
Acquisition in 2016
Brussels Airlines is the flag carrier and largest airline of Belgium, headquartered at Brussels Airport. The airline specializes in passenger air transportation services, aiming to meet the travel needs of individual passengers. It operates a comprehensive portfolio of services that includes both passenger and cargo transportation across Europe. Brussels Airlines is committed to providing a convenient and hassle-free flying experience for its customers.
Vayant Travel Technologies
Series B in 2014
Vayant Travel Technologies Inc. specializes in providing innovative airfare pricing and shopping solutions tailored for the global travel industry. The company offers a range of products, including OneSearch, a B-to-B airfare pricing engine, and FastSearch, which allows for sub-second searches in a live environment. Other offerings include Pricing Cache, a customizable solution for various travel entities, and Repricer, which automates airline ticket changes, cancellations, and refunds. Additionally, Vayant provides marketing tools such as Live Pricing Emails and Price Alert, a system that monitors price changes. The firm also delivers Pricing Intelligence, offering real-time insights into future pricing trends and fare rules. Founded in 2004 and based in Lewes, Delaware, Vayant Travel Technologies operates as a subsidiary of PROS Holdings, Inc.
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