Tour Amigo Secures USD 2M Seed Capital to Accelerate Software Development and Expand Global Operations
Summary
Los Angeles, CA, September 05, 2024 --( PR.com )-- Tour Amigo, one of the fastest-growing B2B SaaS companies in the travel industry, announced today that it secured USD 2 million capital in a Seed round led by Singapore-based venture capital firm Wavemaker Partners followed by 500 Global.This funding will fuel the continued development of the company’s groundbreaking business, reservation, and operation software solutions for multi-day tour operators and travel agencies.Tour Amigo will release affordable and future-proof SaaS solutions for DMCs, FITs, and group operators through the support of its new investors and team. Revolutionizing client support, reporting, and product development by continually evolving the product and integrating advanced AI technologies will future-proof its clients businesses and ensure it remains a trusted partner.“Outdated booking and reservation systems often lack the integration capabilities to work seamlessly with various software providers, forcing operators to juggle multiple platforms and manual methods. Its unique software streamlines bookings by integrating tour distribution, internal process management, and supplier coordination into a single agile platform. Tour Amigos SaaS is a complete ERP system that meets all travel operators needs to grow their businesses and increase profitability.About Wavemaker PartnersWavemaker Partners is Southeast Asia’s leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups. In 2021, the firm launched Wavemaker Impact, the region’s first-of-its-kind venture builder that co-founds climate-tech startups with experienced entrepreneurs.