What is Centrav?
Centrav operates a proprietary booking engine designed to provide travel agents and corporate travel buyers with access to competitive airfares and comprehensive land arrangements. The platform aggregates multiple private fare types and published airfares from hundreds of airlines, facilitating 'anywhere to anywhere' flight bookings. Complementing its flight services, Centrav offers access to over 90,000 hotel properties worldwide for complete itinerary management. The company distinguishes itself by combining exceptionally low airfares with dedicated customer support, available through both self-service online booking and personalized assistance from experienced travel professionals. Centrav's technology platform is highly regarded by travel agents, with approximately 80 percent of their bookings processed through Centrav.com, attesting to its competitive advantage in speed, performance, and user-friendliness. The development of its in-house booking engine and website was driven by a need for superior tools that existing software solutions could not meet, blending technical expertise with deep travel industry knowledge.
How much funding has Centrav raised?
Centrav has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$668K
Debt (2020): $350K with participation from PPP
Debt (2021): $668K led by PPP
What's next for Centrav?
With a history spanning over 25 years, Centrav's recent major strategic investment signals a phase of accelerated growth and platform enhancement. The company's focus on continuous improvement, evident in the iterative refinement of its booking engine based on direct travel agent feedback, positions it for further innovation. This latest round of financing is expected to bolster its technological capabilities, expand its market reach, and potentially introduce new service offerings. Centrav's established reputation for handling complex international itineraries alongside domestic tickets, coupled with its commitment to service excellence, provides a strong foundation for leveraging this new capital to solidify its leadership in the travel booking technology space.
See full Centrav company page
