TechNation, the UK’s leading technology accelerator for helping high growth companies to scale, including companies like Skyscanner and Deliveroo, featured Geotourist as a disruptive technology platform in the emerging traveltech sector within their latest report. The 2021 report included a foreword from the Prime Minister Boris Johnson on the strength of UK innovation across multiple sectors.
- Over £1bn has been raised by Traveltech companies in the last 3 years.
- Traveltech companies received over 800 deals in the last 3 years.
- There was record equity investment in Traveltech in 2019 raising £504mn with a record 306 deals.
- Despite the pandemic, Traveltech companies raised £358mn in 2020 from 249 deals.
Companies like Skyscanner and Expedia have changed the way we make our flight and hotel bookings, and newer companies, like Geotourist which started as a simple platform for storytelling, described by Simon Calder as the, “YouTube of audio-guides”, are pushing at the boundaries of what is possible.
Shaon Talukder, CEO of Geotourist, said, “We are delighted to feature in TechNation’s Report 2021, especially alongside such other innovative brands in the traveltech space. The UK’s traveltech industry is a dynamic sector to be a part of and we know that, by creating new solutions to existing problems, we can drive the travel and tourism sector forward. Technology and data are empowering companies and brands to make smarter decisions that deliver growth and evolution for them and a better, more engaging experience for the visitor. We’re committed to delivering excellence in innovation and to be part of TechNation’s report is an important milestone for Geotourist”.
Explore the TechNation Traveltech report 2021