UAB "Eddy Travels"

Founded in 2018 in Vilnius, Lithuania, Eddy Travels operates as an AI-based travel assistant.Eddy Travels operates as an AI-driven travel assistant designed to streamline the booking process for flights, hotels, and car rentals. The core product leverages machine learning algorithms to provide personalized travel recommendations, enabling users to identify the best deals in real time. The company targets both individual consumers and businesses seeking to enhance their travel arrangements with automated solutions, particularly useful for frequent travelers and corporate clients looking to save time and resources on travel planning.20 for the same year. The company earns revenue through business-to-consumer (B2C) and business-to-business (B2B) transactions, establishing partnerships with travel service providers to earn commissions on bookings made via its platform.The company has plans for future growth by enhancing its offerings and expanding its market presence. Following the acquisition by TripAdd LLC in September 2022, Eddy Travels aims to leverage the resources of its parent company to develop new products and solutions targeted for release in the upcoming year. Additionally, the company is exploring expansion into new markets beyond its current focus in North America and Europe, although specific regions have not been disclosed.

1. Seed

   Apr 8, 2020

   Amount

   $0.7M

   Investors

   Locked

2. Seed

   Dec 23, 2019

   Amount

   $0.5M

   Investors

   Locked