Fora Travel secures $60M to fuel future of travel booking

With AI and a global community of travel agents, the startup aims to transform how the world travels

Fora Travel, a modern travel agency recognized as a PhocusWire Hot 25 Travel Startup for 2023, has raised $60 million in its Series B and C funding rounds, with participation from major investors including Insight Partners, Thrive Capital, Forerunner Ventures, and Heartcore Capital.

Key takeaways

• The funding will be used to modernize the travel industry and support the growth of travel entrepreneurs.
• Fora Travel enables individuals from diverse backgrounds to become travel agents and earn income through bookings.
• The company has a global presence in 92 countries and has surpassed $1 billion in sales.
• Fora aims to provide a better alternative to traditional travel booking channels by combining human expertise and AI.
• The investment positions the company to further integrate AI and improve distribution channels for travel providers.

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