About Desti
Desti is a Travel & Hospitality company based in Tel Aviv (Israel) founded in 2011, and was acquired by HERE in May 2014. Desti was founded as an AI-based travel planning startup. It operates on a AI-as-a-Service model. Desti has raised $1 million across 2 funding rounds from investors including HERE, SRI and Viola Group. Desti has completed 1 acquisition, including Plnnr. The company was acqui-hired. Desti offers products and services including AI Travel Planner. Its focus areas include Technology, Artificial Intelligence and Travel Tech.
Company details
Desti was established as a startup specializing in artificial intelligence for travel search and planning. It was spun off from SRI International and focused on using AI and natural language understanding to analyze destination data from articles and reviews. A conversational interface was provided to deliver tailored search results. The company operated in the travel technology sector and was acquired by HERE in 2014 to enhance search and places capabilities.
Products & Services of Desti
Desti offers a comprehensive portfolio of products and services, including AI Travel Planner.
AI-based tool for travel search and planning.
Funding Insights of Desti
Desti has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in January 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 2
- Last Round Seed — $1M
- Investors Count 2
All 2 funding rounds of Desti with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2013 | $1M | Seed | – | SRI, Viola Group | – |
| Oct 2011 | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Desti
Desti has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HERE, SRI and Viola Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage technology companies globally. | viola-group.com | Herzliya, Israel | ||
Research and development in scientific fields are pursued by SRI. | 1946 | sri.com | United States | |
Location-based services and mapping solutions are provided globally. | 1985 | here.com | Eindhoven, Netherlands |
Investor details for Desti
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Desti
Desti has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Plnnr.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provides an automatic platform for planning personalized trip itineraries efficiently. | plnnr.com | Netanya, Israel | 2008 | Aug 2012 | •••• |
Complete acquisition details for Desti
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Desti
Desti was founded in 2011.
Desti is headquartered in Tel Aviv, Israel.
Desti is a funded company, having raised a total of $1M across 2 funding rounds to date.
Desti was established as a startup specializing in artificial intelligence for travel search and planning. It was spun off from SRI International and focused on using AI and natural language understanding to analyze destination data from articles and reviews. A conversational interface was provided to deliver tailored search results. The company operated in the travel technology sector and was acquired by HERE in 2014 to enhance search and places capabilities.
Desti offers AI Travel Planner.
Desti has made 1 acquisition, including Plnnr.
Desti has 3 investors. Key investors include HERE, SRI, and Viola Group.
Yes. Desti was acquired by HERE in May 2014.