# Safara Travel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/safara-travel

- Industry: Internet
- Headquarters: Los Angeles, US
- Website: www.safara.com
- Total disclosed funding: $14M
- Latest round: Seed (Dec 19, 2024)
- Investors on record: 4

## About

Founded in 2021 in California, US, Safara Travel, Inc. operates a hotel booking platform that offers access to a selection of hotels. The company has engaged in one deal to date. In December 2024, Safara raised USD 14 mn in venture funding led by Sequoia Capital and Defy.vc, with participation from Thayer Ventures and H2O Venture Partners. 

Safara operates a hotel booking platform that integrates a hotel curation process with a cashback rewards program. The core offerings include access to over one million hotels worldwide, where each booking generates a commission for Safara that is primarily returned to users as cashback toward future travel. This model targets frequent travelers looking for curated accommodation options in urban centers and popular destinations. The service fosters a community-driven approach, allowing users to select from recommendations based on collective insights and data aggregation. The geographical markets served by Safara span major cities across the globe, including New York, Los Angeles, London, Paris, and Miami, appealing to both leisure and business travelers. 

Safara's revenue model hinges on the commission earned from hotel bookings made through its platform, which is subsequently shared with customers in the form of cashback rewards. When a user books a hotel, the company receives a percentage of the booking fee from the hotel, which serves as the primary transaction structure. The cashback rewards program encourages repeat business, fostering loyalty among users who appreciate the financial incentives provided for their bookings.

## Funding rounds

- Seed, Dec 19, 2024, $14M — Hong Shan, Thayer Ventures, H2O Venture Partners, Defy.

## Investors

- Hong Shan — Seed
- Thayer Ventures (https://capitalatlas.ai/funds/thayer-ventures) — Seed
- H2O Venture Partners (https://capitalatlas.ai/funds/h2o-venture-partners) — Seed
- Defy. (https://capitalatlas.ai/funds/defy) — Seed