TravelX

TravelX

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A blockchain-based distribution protocol for a secure, frictionless, efficient and profitable Travel Industry. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$40—60m (Dealroom.co estimates Mar 2022.)
Miami Florida (HQ)

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-64 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
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DateInvestorsAmountRound
investor investor investor investor

$0.0

round
investor investor investor investor investor

$0.0

round

N/A

Seed
Total Funding000k

Recent News about TravelX

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More about TravelXinfo icon
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TravelX.io is a forward-thinking startup that operates at the intersection of the travel and technology sectors. The company focuses on providing innovative solutions to airlines, aiming to optimize revenue and enhance customer experience. TravelX serves airlines and their passengers, primarily targeting the aviation industry, which is a significant segment of the broader travel market.

TravelX offers a suite of automated products designed to address various challenges faced by airlines. One of their key offerings is the "Smart Buyback" product, which helps airlines manage seat inventory on full or high-demand flights. This product automatically presents dynamic seat repurchase offers to passengers, thereby optimizing airline revenue and improving the customer experience.

Another notable product is the "Smart Flight Swap," which reallocates passengers across flights to optimize load factors. This not only enhances operational efficiency but also ensures a better travel experience for passengers.

TravelX also provides the "Smart Ticket," a flexible, self-service ticketing solution that can be renamed, transferred, or gifted. This product is available as a white-label or API-integrated solution, making it easy for airlines to incorporate into their existing systems. The "P2P Market" is another white-label product that matches supply and demand in a peer-to-peer airline ticket marketplace, helping airlines manage their inventory more effectively.

The company leverages its proprietary Xbr ai n technology to power these solutions, ensuring seamless integration and automation. TravelX's business model revolves around selling these automated products and solutions to airlines, generating revenue through product sales, licensing, and possibly transaction fees.

In summary, TravelX.io is revolutionizing the airline industry by providing automated, dynamic inventory management solutions that enhance both airline profitability and customer satisfaction.

Keywords: TravelX, airline optimization, automated solutions, Smart Buyback, Smart Flight Swap, Smart Ticket, P2P Market, Xbr ai n, revenue management, customer experience.