Splitty Travel Establishes U.S. Headquarters in Connecticut
Unique hotel booking site backed by Connecticut Innovations opens office in Greenwich
GREENWICH, Conn., Feb. 27, 2020 /PRNewswire-PRWeb/ -- Splitty Travel, a hotel booking platform that creates and delivers unbeatable hotel deals, today announced the official opening of its first U.S. office, located in Greenwich, CT. The office will serve as U.S. headquarters for overseeing the company's business insights and analytics and general operations and ultimately providing enhanced customer support for U.S. customers.
Splitty is backed by Connecticut Innovations, the state's strategic venture capital arm.
"As we explored locations for our U.S. office, Connecticut became the option of choice due to the deep pool of available talent and all the state has to offer young professionals eager to grow their careers and enjoy their personal lives," said Eran Shust, CEO & Co-founder at Splitty. "We have tremendous ambitions for our U.S. business and are looking forward to growing our presence in Connecticut as we scale."
Splitty is an Israeli-based travel brand that enables more people to embrace their desire to travel and experience the world by reducing hotel costs. Unlike other online booking website, Splitty doesn't find the best deals – it creates them, by combining multiple rate plans into a single booking. Instead of getting a hotel reservation from one provider, the company's technology split the hotel search to get millions of booking offers worldwide for the desired hotel. Then select the best offers and merge them back as one reservation in an unbeatable price.
"With its unique booking engine, Splitty is reinventing the online hotel marketplace, creating the best hotel deals and making travel a reality for those who want it," said Peter Longo, senior managing director of investments at CI. "We are delighted the company has established is U.S. headquarters in Connecticut and we look forward to continuing to support the founders and helping to propel Splitty's growth."
Since launching in April 2019, Splitty has experienced monthly booking growth of 30 percent, and is planning to go after a large funding round to expand even more next year.
The company was recently nominated by the World Travel Awards in the category of "World's Leading Hotel Booking Website."
About Splitty:
Splitty is the first booking platform to use proprietary machine-learning technology to provide consumers with creative hotel booking offers. Splitty combines multiple booking options into one hotel reservation, in order to provide travelers with unbeatable deals while maintaining a seamless user experience.
Founded in 2015, Splitty is led by an experienced team of travel and tech industry veterans, with experience at companies such as Huawei, Microsoft, Skyscanner and Expedia. The Splitty team spent three-plus years developing an award-winning algorithm, which has now reached global coverage of more than 500,000 properties in 127 countries. To date, the company has raised $10 million in total from Fuson (ClubMed, Atlantis Hotels and Cirque du Soleil), Techstars Ventures, Cockpit Innovation (El Al Airlines' investment arm) and 2b Angels.
About Connecticut Innovations:
Connecticut Innovations (CI) is Connecticut's strategic venture capital arm and the leading source of financing and ongoing support for Connecticut's innovative, growing companies. CI provides venture capital and strategic support for early-stage technology companies, financial support for innovation and collaboration, and connections to its well-established network of partners and professionals. For more information, please visit http://www.ctinnovations.com.
SOURCE Splitty Travel
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