TripAdd, a New York-based provider of an ancillary service solution, acquired Eddy Travels, a Vilnius, Lithuania-based provider of an artificial intelligence powered travel assistant.
The amount of the deal was not disclosed.
With the acquisition, Eddy Travels’ machine learning expertise will enhance TripAdd’s capabilities and provide a better user & travel experience within the TripAdd ecosystem. Eddy Travels will continue to operate its travel focused chatbot and will rebrand its assistant as ‘EddyAI’.
Led by CEO Edmundas Balčikonis, Eddy Travels is an artificial intelligence powered travel assistant with voice understanding that allows people to plan their trips in minutes. Travelers can send a text or voice message to the company’s assistant and get personalized suggestions for the best flights, hotels, car rentals and other travel-related services instantly. The digital assistant is available on Facebook Messenger, Instagram, Telegram, Viber, Slack, Line and WhatsApp.
Led by CEO Gabriel Menkin, TripAdd is a digital marketplace for all things travel. TripAdd sources thousands of offers from some of the travel companies. Based on the customers trip details TripAdd selects the best product offers and combines them into personalized discounted travel bundles.
FinSMEs
12/09/2022