What is Duffel?
Duffel is revolutionizing the travel industry by developing a comprehensive operating system designed for modern travel businesses. Its flagship product, the Flights API, offers a developer-friendly platform that empowers merchants to seamlessly search for flights, execute bookings, reserve seats, and manage ancillary services such as checked baggage. With direct integrations to over 300 airlines, including major carriers like British Airways, Emirates, and American Airlines, Duffel provides unparalleled access to global flight inventory. Founded in 2017 and based in London, the company is strategically positioned to enhance the efficiency and capabilities of travel merchants worldwide.
How much funding has Duffel raised?
Duffel has raised a total of $56.2M across 3 funding rounds:
Other Financing Round
$4.7M
Series A
$21.5M
Series B
$30M
Other Financing Round (2018): $4.7M, investors not publicly disclosed
Series A (2019): $21.5M led by Blossom Capital, Index Ventures, and Benchmark
Series B (2019): $30M supported by Benchmark, Blossom Capital, and Index Ventures
Key Investors in Duffel
Benchmark
Benchmark is a venture capital firm known for investing in early-stage technology companies. They have a reputation for backing transformative businesses and providing strategic guidance to their portfolio companies.
Blossom Capital
Blossom Capital is a European venture fund focused on early-stage investments in consumer and enterprise sectors, with a particular interest in finance, marketplaces, travel, and API-first companies. They aim to connect US expertise with European opportunities.
Index Ventures
Index Ventures is a global venture capital firm that invests in entrepreneurs from seed to IPO. They support founders with ambitious visions across various technology sectors, including SaaS and consumer internet.
What's next for Duffel?
The recent major strategic investment signals a pivotal phase for Duffel, likely enabling accelerated product development, expansion into new markets, and further strengthening of its airline partnerships. As Duffel continues to build out its travel operating system, this capital infusion is expected to fuel its mission to become the foundational technology layer for the entire travel ecosystem. The company's focus on API-first solutions and deep airline integrations positions it for substantial growth in the evolving landscape of travel commerce.
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