fbpx

Gordian Secures $25 Million in Series A Funding to Grow Travel API

BELLEVUE, Wash–Gordian Software, a Seattle-based startup with an API that enables the travel industry to sell flight add-ons such as additional baggage and premium seat selection, has secured $25 million in Series A funding at a $200 million valuation. The funding was led by Accomplice and its sister firm Vinyl with participation from KinnevikDST Global Partners and Latitude, all of which offer significant experience in the travel industry encompassing investments in Airbnb, Hopper and TravelPerk.

Gordian, which works with some of the world’s largest travel sites and aggregators including Hopper, Priceline and Trip.com and supports upwards of 100 airlines, has raised $33 million to date and experienced 350% revenue growth in the past six months alone.

“Much of the airline industry is stuck in a technological time warp, working with outdated systems that don’t communicate with each other,” said Stephen Grabowski, CEO, Gordian Software. “The result is lost revenue for airlines and their partners and an unsatisfactory and overly-complicated experience for travelers who want to customize aspects of their flight. We are solving this problem by providing a simple, flexible platform for selecting and purchasing add-ons and, in doing so, are on track to capture this multi-billion-dollar market.”

Gordian’s financing will fuel the company’s growth in part through the introduction of new products that address the growing diversity and complexity of airline add-ons such as new types of insurance and fare protection, automatic check-in, health testing, etc. as well as expansion into new customer segments. Gordian is also looking to triple headcount by the end of 2022, fueled in part by its desirable work policy that combines seven weeks of remote work with one week of in-person collaboration.

“While many travel companies are trying to get back to pre-pandemic business volume, Gordian is operating at 15X its 2019 revenue,” said TJ Mahony, partner at Vinyl and new Gordian Software board member. “Personalization and rapid expansion of ancillaries within travel is inevitable and Gordian has quickly proven to be the solution for some of the largest travel brands in the world.”

Gordian Software seems to be a captivating startup and has been doing really well in their respective field. I wish them nothing but success for the future.

Shishir Gupta CEO &Founder Startuplanes

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business.

top