Airside Raises Millions From Bain Capital for Digital Identity Tools: Travel Startup Funding This Week

Funding Rounds

Summary

Airside’s identity verification platform allows U.S. residents and Canadian visitors to the U.S. to use a mobile passport application to pass through customs faster. Digital identity services are more top of mind this year as travel companies consider leveraging sharing data about coronavirus lab test results and experiment with adopting touch-less biometric solutions. Delightree isn’t exclusively focused on travel, but it is working with some notable hospitality businesses, such as the franchise hotel owners in the U.S. at brands like Best Western, La Quinta, and Holiday Inn Express. Based in San Francisco, the company launched in September 2019 and strives to empower franchise owners and store managers by digitizing their operating procedures and helping achieve compliance, team accountability, and improved performance. “Delightree is focusing on an industry segment—franchise businesses—that has traditionally struggled to find technology solutions that are right-sized for them,” said Dinesh Katiyar, a partner at Accel, in a statement.

$ Funding

$
Amount $13.0M Total raised
Date August 7, 2020 Announcement date
Investors Amadeus Ventures, Bain Capital Lead investors
Company https://www.airsidemobile.com/ Funded company

Classifications

industries
Hospitality
applications
Office Automation

AskAI Classifications

Labels
Travel Technology SaaS Enterprise Software

Linked Companies

Amadeus IT Group
$5M to $10M