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Travel startup Bookaway secures $35 million in funding after bouncing back from Covid-19 crisis

The Israeli company downsized its staff at the start of the pandemic but now plans to scale up the operation of its road-travel booking platform

Daniel Farber-Ball 15:0021.07.21

Bookaway, which developed a road-travel booking platform for local transportation, has secured $35 million in Series B funding, backed by global investors Aleph, Corner Ventures, Entrée Capital, and a group of angels led by Elad Kushnir.

 

Bookaway’s platform allows travelers to search, compare and book bus, ferry and train tickets around the world, while also offering transportation operators to manage day-to-day operations.

Bookaway co-founders Omer Chehmer (Left) Noam Toister, and David Yitzhaki Photo: Irad Netzer

 

The company was founded in 2017 by CEO Noam Toister, Jonathan Bensaid, CMO David Yitzhaki, and COO Omer Chehmer. It has grown to operate in Asia, Latin America, Eastern Europe, the Balkans and Central America, with further plans to expand in the…

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