What is Bookaway?
Founded in 2017, Bookaway serves as a comprehensive aggregator for ground and sea transportation. The platform addresses the historical inefficiencies of booking non-flight travel in emerging markets, including Thailand, the Philippines, and Bolivia. By integrating schedules, fares, and secure booking capabilities into a single interface, Bookaway bridges the gap between local transport providers and international tourists. Its market position is defined by its ability to standardize the fragmented booking experience, effectively acting as a digital gateway for travelers navigating complex transit networks in developing economies.
How much funding has Bookaway raised?
Bookaway has raised a total of $80M across 3 funding rounds:
Series A
$10M
Series B
$35M
Series C
$35M
Series A (2020): $10M with participation from Aleph
Series B (2021): $35M led by Entrée Capital, Corner Ventures, and Aleph
Series C (2022): $35M supported by Corner Ventures, Aleph Capital Partners, Red Dot Capital Partners, and Entree Capital
Key Investors in Bookaway
Corner Ventures
Corner Ventures is a growth-oriented firm dedicated to identifying and supporting global champions by providing the necessary capital and strategic resources to scale innovative business models.
Aleph Capital Partners
Aleph Capital Partners is an independent investment firm that specializes in creating adaptable capital solutions for European-based companies, focusing on long-term value creation and governance.
Red Dot Capital Partners
Red Dot Capital Partners is a specialized investment firm that supports Israeli founders, acting as a primary gateway for startups looking to expand their operations into South East Asia and Japan.
What's next for Bookaway?
With the successful closure of its latest financing round, Bookaway is poised to accelerate its international footprint. The strategic focus will likely shift toward deepening its supply-side integrations and enhancing its proprietary booking engine to handle increased transaction volumes. Given the involvement of venture partners with strong ties to Asian markets, the company is well-positioned to leverage these networks for further expansion into Japan and beyond. As Bookaway matures, the emphasis will remain on operational discipline and the continued digitization of the global ground transportation sector, ensuring that it remains the primary choice for travelers seeking reliable, low-cost transit solutions.
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