Turismocity

Turismocity is a specialized flight search engine that allows users to compare low-cost airfares, streamlining the process of finding and booking affordable flights for various travel needs. Founded in 2013 in Buenos Aires, Argentina, Turismocity aggregates flight data from multiple agencies to help users find cost-effective air travel options. The company engaged in an Angel funding round in October 2021, raising USD 6. 00 mn, which amounted to their total capital raised.

The founders include Andres Malenky, Eugenio Fage, Julian Gurfinkiel, and Martin Levy, with Andres Malenky also serving as CEO. Turismocity operates as a flight search engine that specializes in identifying and comparing low-cost airfares for travelers. Its core service involves aggregating flight data from multiple travel agencies, enabling users to quickly find and book the most affordable and convenient flight options available. The platform caters to a diverse client base that includes individual travelers, families, and business professionals seeking cost-effective travel solutions across various destinations, particularly in North America, South America, Europe, and the Caribbean.

By offering a user-friendly interface and advanced notification features, Turismocity effectively addresses the common challenges of price comparison and deal-hunting in air travel, enhancing the overall travel planning experience for its users. Turismocity's revenue model is based on affiliate partnerships with travel agencies, earning commissions for directing customers to these agencies for flight bookings. Transactions occur when users search for flights on the platform, which redirects them to third-party sites to complete their purchases. This B2B-to-C model allows Turismocity to offer its services at no direct cost to end users while generating revenue through successful referrals.

The company capitalizes on its ability to provide competitive flight options, thereby attracting a substantial volume of users seeking budget-friendly travel. Their service effectively streamlines the flight booking process and ensures users receive real-time alerts for price drops, enhancing customer engagement and satisfaction. Following the Angel funding round in October 2021, where Turismocity raised USD 6. 00 mn, the company aims to enhance its platform by designing new features to improve user experience and expand into new geographic markets.

Specific plans include targeting additional regions in Europe and the Caribbean for expansion by 2023. The funding will be utilized to support the development of these new features and facilitate market entry efforts.