Eddy Travels closes pre-seed round led by Techstars to scale its AI travel assistant

Eddy Travels, an AI-powered travel assistant bot which can understand text and voice messages, has closed a pre-seed round of around $500,000 led by Techstars Toronto, Practica Capital and Open Circle Capital VC funds from Lithuania, with angel investors from the US, Canada, UK.

Launched a year ago in November 2018, Eddy Travels claims to have over 100,000 users worldwide.

Travelers can send voice and text messages to the Eddy Travels bot and get personalized suggestions for the best flights. Because of this ease of use, it now gets 40,000 flight searches per month – tiny compared to the major travels portals, but no bad for a bot which is available on Facebook Messenger, WhatsApp, Telegram, Rakuten Viber, Line, and Slack chat apps.

The team is now looking to expand into accommodation, car rentals and other travel services. Eddy Travels search is powered by partnerships with Skyscanner and Emirates Airline.

The founders are from Lithuania: Edmundas Balcikonis, CEO, (previously founded and led as CEO TrackDuck startup, acquired by Invision), Pranas Kiziela, and Adomas Baltagalvis. The company HQ is in Toronto, Canada.

https://techcrunch.com/?p=1927124

Source: TechCrunch

By:

NBN plan comparison: best value options (updated February 2020)
NBN plan comparison: best value options (updated F ...
Asana files to go public via direct listing
Asana files to go public via direct listing ...
What is Amazon Corretto?
What is Amazon Corretto? ...
Google launches a coronavirus info hub to keep you up to date
Google launches a coronavirus info hub to keep you ...
The Apple Watch Series 3 is on sale at Walmart for $189
The Apple Watch Series 3 is on sale at Walmart for ...
The most anticipated Oppo phone for 2020 might not have its most exciting tech
The most anticipated Oppo phone for 2020 might not ...