Direct Travel
Facts
- HQ
- Colorado
- Sectors
- Corporate Travel, Travel Management
- Stage
- Acquired
Ramp Acquires 2024-Founded Corporate Travel Startup Juno Backed by Madrona
Ramp acquired Juno, a 2024-founded corporate travel expense startup backed by Madrona and Bungalow Ventures, with Juno’s founders continuing as co-CEOs. The acquisition aims to integrate Juno’s platform for managing non-employee expenses into Ramp’s fintech offerings while preserving Juno’s brand and team.
Otto Launches AI Travel Assistant Led by Ex-Expedia Exec to Personalize Business Travel End-to-End
Seattle-based startup Otto, founded by former Expedia executive Michael Gulmann, has launched Otto the Agent, an AI-powered business travel assistant designed to personalize bookings and manage travel end-to-end. The platform learns individual travel preferences and integrates with calendars to proactively suggest itineraries, aiming to replicate the service level of a top executive assistant.
Otto Startup, Led by Expedia Veteran and Madrona Chairman, Raises $6M to Develop AI Assistant for Business Travel Booking
Seattle-based startup Otto, led by Expedia veteran Michael Gulmann and chaired by Steve Singh of Madrona Ventures, is developing an AI virtual assistant using GPT-4 to simplify business travel booking. The company raised $6 million in a seed round led by Madrona and aims to offer its product for free while earning revenue through booking facilitation.
Concur Founder Steve Singh Leads Acquisition of Direct Travel to Enhance Corporate Travel Experience
Steve Singh, former CEO of Concur, led a group of investors in acquiring Direct Travel, a corporate travel management firm with over $300 million in revenue, aiming to create a seamless travel experience. Christal Bemont has been appointed as the new CEO of Direct Travel, with Singh serving as executive chairman.
People
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Steve Singh Executive Chairman
