Travel Manager, owner of a corporate booking tool Hotaytsireceived 23m euros in new funding.

The investment in the Polish-based company comes from DialCom24, a previous investor in Hotailors.

Funding will go to rebranding Hotailors to WorkTrips.com, as well as strengthening its presence in existing markets and expanding the platform to new markets such as the United States and the Middle East and North Africa.

It will also be used to develop products around fintech.

Philip Bloch, co-founder and CEO of Hotailors, said: “We have managed to survive the most difficult period of a pandemic for the industry. It was a time of big layoffs and restructuring among agents specializing in business travel. We used this time to expand our sales team, develop our technology and IT department and increase our visibility.

“We are now seeing a rise in the market and the return of multinational corporations to business travel. The investment circle we have gathered will allow us to strengthen our position in the international markets where we already have a presence and to enter new ones, including African countries. It is worth noting that we are currently rebranding WorkTrips.com and some of the funds raised will be allocated to marketing activities. “

Hotailors, PhocusWire Hot 25 Startups of 2020, completed the initial £ 2.6 million round in July 2020.

https://www.phocuswire.com/Hotailors-parent-Travel-Manager-23M-funding

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