Kambr, an Utrecht, The Netherlands-based travel-tech startup, raised $3m in additional seed funding.
Jim Collis, Bill Luby and Michael Scheeringa led the latest round, joining Founder Collective, Global Founders Capital, Studio VC, Silicon Badia, C2 Ventures Capital Partners and TXV Partners who had invested in the previous round.
The company, whose latest seed round brought total funding to $7m, intends to use the funds to continue to advance product development initiatives and scale its commercial operations.
Kambr has the mission to help airlines navigate the challenges of digital transformation by lifting their revenues through analyst-built, operator-designed products which plug into an airline’s existing tech stack instead of uprooting entire systems.
The company also announced the hiring of Sean Moriarty as its Chief Technology Officer. He will lead Kambr’s development team, working closely with co-founder Michael Peters.
In addition to publicly announcing software deals with three airlines in the past year (Chilean Sky Airline, Russian Ural Airlines and Turkish Corendon Airlines), Kambr has signed two other airlines soon to be announced. have all been impressed with both the software and the consultation provided by Kambr.
FinSMEs
15/01/2020