Al Travel

Al Travel

Al Travel is a next-generation cloud-type business travel arrangement and management system (BTM).

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JPY300m

Late VC
Total Funding000k
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More about Al Travel
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Al Travel operates as a service provided by Transfer Data Inc., a company focused on resolving inefficiencies in corporate travel management through its cloud-based platform. The company was originally founded as AI Travel Inc. on February 4, 2014, by Yusuke Murata, who serves as the CEO. Murata's motivation stemmed from his personal frustrations with the cumbersome and stressful processes involved in business travel arrangements during his time as an employee, a sector where digital adoption has been slow. In July 2023, the company rebranded from AI Travel Inc. to Transfer Data Inc. to better reflect its expanding scope beyond a single service and to emphasize its core strength in handling and optimizing movement and system data. This strategic shift was accompanied by a move to a new, larger office in Minato-ku, Tokyo, to accommodate its growing team and foster further business expansion.

The core of the business is the "AI Travel" platform, a Business Travel Management (BTM) system designed to streamline the entire corporate travel workflow. The platform targets a wide range of clients, from small ventures to large enterprises with extensive sales networks or frequent needs for on-site inspections and work. It addresses common pain points such as the time spent comparing various booking sites, the financial burden on employees who have to pay for expenses upfront, and the complicated administrative tasks for accounting and management departments. Revenue is generated through monthly service fees and initial setup costs. The business model centralizes corporate travel arrangements, providing a one-stop solution where all bookings and payments are handled by the company, eliminating the need for employees to file expense reports for travel.

The "AI Travel" service is a comprehensive cloud-based tool that simplifies booking, management, and expense settlement for business trips. Users can input their travel requirements, and the system automatically searches and displays optimized options for domestic and international flights, trains (including Shinkansen), and hotels on a single screen, allowing for bookings to be completed in as little as five minutes. The platform also supports arrangements for rental cars and mobile Wi-Fi. A key feature is its ability to centralize data, providing managers with a clear overview of all travel activities, including who is traveling, where, and at what cost. This data visibility allows companies to enforce travel policies by setting spending limits for different roles and to analyze travel costs against market prices to ensure appropriateness. The system integrates with major cloud-based expense and accounting software, further reducing manual data entry for administrative staff. In 2023, the company began implementing Large Language Models (LLM) to enhance user experience through features like automated suggestions for complex itineraries and conversational AI assistance.

Keywords: Business Travel Management, BTM, corporate travel, expense management, travel and expense, T&E, travel booking platform, corporate booking tool, travel policy compliance, expense reporting automation, travel data analytics, cost optimization, workflow automation, cloud travel service, employee travel, business trip management, travel administration, corporate mobility, back-office DX, Transfer Data Inc.

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