Group Travel Startup Travefy Places Second at National "Get in the Ring" Business Competition Hosted by the Kauffman Foundation, Beating Out Nearly 300 Other Companies

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Travel startup Travefy is runner up at Kauffman Foundation’s “Get in the Ring” competition.

Our judges recognized the business potential of Travefy and commented very favorably on David Chait's pitch content and delivery.

Travefy, a startup that solves the coordination headaches of group travel, fought its way to a finish runner-up in Monday’s final round of “Get in the Ring: The American Startup Clash” hosted by The Ewing Marion Kauffman Foundation.

Travefy is a web-based travel planner that simplifies group travel. Through Travefy, users can collaborate on trip itineraries, book travel deals, and manage shared group expenses.

Travefy co-founder & CEO, David Chait, verbally sparred with seven other finalists from across the U.S. before a panel of veteran entrepreneurs and expert judges—ultimately taking second place and a $5,000 cash prize.

“It was an honor to compete in “Get in the Ring” and we were thrilled to be named runner-up among such an inspiring field of competitors,” said Chait. He added, “The insightful feedback from the expert judges was invaluable and their vote of confidence in Travefy is humbling.”

Judges for the final round of the U.S. competition included entrepreneur, investor and founder/CEO in the Priceline.com family Jeff Hoffman; global fashion mogul Marc Ecko; serial entrepreneur, investor and author Lisa Gansky; consumer brand "turnaround" CEO Matthew Rubel; and broadcast and digital media guru Denmark West.

"Our judges recognized the business potential of Travefy and commented very favorably on David Chait's pitch content and delivery," said Wendy Guillies, vice president of communications at the Ewing Marion Kauffman Foundation. "It's an impressive accomplishment to finish in second place overall from among an original field of 283 U.S. applicants."

ABOUT TRAVEFY

Travefy (https://travefy.com) is a web-based travel planner that solves the coordination headaches of group travel. Through Travefy, users can collaborate on trip itineraries, book travel deals, and manage shared expenses. The platform includes a hotel metasearch engine that connects with over 300,000 hotel properties as well as a proprietary money collection system that tracks and settles all shared group expenses.

Travefy was founded in 2012 and released its full product beta in Fall 2013. Travefy has won numerous startup competitions and has been featured in The New York Times, Network World, Entrepreneur, Skift and Silicon Prairie News among other publications.

For more information & press assets please see: https://travefy.com/press

ABOUT GET IN THE RING (U.S.)

The Kauffman Foundation serves as host of the first-ever U.S. Get in the Ring competition, and Sprint is the U.S. national sponsor. Other sponsors include leading online tech news publication VentureBeat, boxing equipment company Combat Brands/Ringside and Kansas City PBS television station KCPT.

For full details about Get in the Ring: The American Startup Clash, visit http://www.kauffman.org/GITR.

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