GoAvio

GoAvio is a travel technology company that specializes in creating innovative solutions for booking flights and travel arrangements, enhancing user experiences through advanced technology and comprehensive service offerings. Founded in 2013 by Matej Gaser in Ljubljana, Slovenia, GoAvio focuses on providing a platform for booking travel. The company has successfully raised EUR 0. 3 million in a Seed funding round in February 2016 from Credo Ventures and LAUNCHub.

GoAvio has completed a total of 4 deals to date, illustrating its engagement in the travel technology sector. GoAvio operates a platform primarily for booking flights, offering additional services that include hotel accommodations and car rentals. The company utilizes advanced technology to conduct approximately 10 billion price checks daily, ensuring optimal travel deals. Its services are available globally, catering to a diverse clientele seeking economical travel solutions through its mobile application, which enhances user engagement by providing personalized support and exclusive offers.

GoAvio generates revenue through transaction-based fees associated with its travel booking services. Customers booking flights or travel packages through its platform pay a service fee, which varies based on the booking's complexity. Additionally, the company benefits from partnerships with airlines and travel service providers, earning commission-based revenue from referrals and bookings made through its platform. GoAvio plans to utilize the recent Seed funding round from February 2016 to enhance its platform, focusing on the development of new products aimed at simplifying the travel experience for users.

The company is targeting expansion into new markets across North America and Asia, aiming to establish a stronger presence by 2025. The funding will be instrumental in supporting these initiatives, allowing for further technological advancements and broader service offerings.