About Travel Connection Technology
Travel Connection Technology is a company based in Iasi (Romania) founded in 2003 was acquired by Travelsoft in May 2024.. Travel Connection Technology offers products and services including Traviola B2B, Traviola B2C, Mid and Back Office, BI and Reporting, and Extranet. Travel Connection Technology operates in a competitive market with competitors including Amadeus, Travelport, Sabre, Mondee and RateGain, among others.
- Headquarter Iasi, Romania
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Travelsoft
(May 23, 2024)
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Products & Services of Travel Connection Technology
Travel Connection Technology offers a comprehensive portfolio of products and services, including Traviola B2B, Traviola B2C, Mid and Back Office, BI and Reporting, and Extranet. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Aggregates travel content for business-to-business reservations.
Supports retail offices for consumer-facing travel bookings.
Handles accounts, CRM, and process management for businesses.
Delivers real-time insights for yield optimization decisions.
Manages travel products and partner experiences efficiently.
Funding Insights of Travel Connection Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Travel Connection Technology
Travel Connection Technology has secured backing from 1 investor. Prominent investors backing the company include Travelsoft. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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SaaS-based management solutions are provided for travel agencies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Travel Connection Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Travel Connection Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Travel Connection Technology Comparisons
Competitors of Travel Connection Technology
Travel Connection Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amadeus, Travelport, Sabre, Mondee and RateGain, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-based operations management is provided for hospitality and aviation sectors.
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| domain | founded_year | HQ Location |
Blockchain and SaaS solutions are delivered for travel providers.
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| domain | founded_year | HQ Location |
Business management solutions are offered to travel service providers.
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| domain | founded_year | HQ Location |
SaaS solutions are delivered for travel professionals' tech needs.
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| domain | founded_year | HQ Location |
SaaS solutions for hospitality revenue and operations management are delivered.
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| domain | founded_year | HQ Location |
Turnkey solutions and tools are offered for travel agencies.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Travel Connection Technology
Frequently Asked Questions about Travel Connection Technology
When was Travel Connection Technology founded?
Travel Connection Technology was founded in 2003.
Where is Travel Connection Technology located?
Travel Connection Technology is headquartered in Iasi, Romania. It is registered at Iasi, Iasi, Romania.
Who is the current CEO of Travel Connection Technology?
Alexandru Elisei is the current CEO of Travel Connection Technology.
What does Travel Connection Technology do?
Travel Connection Technology was founded in 2003 in Iasi, Romania. A cloud-driven business management solution is provided for the travel sector, encompassing reservation systems, inventory management, mobile applications, Google API integration, multiple contracts handling, and sales management. Operations support various clients, including GDS, Tui TravelCenter, and All4Go, with a domain of tct.travel.
Who are the top competitors of Travel Connection Technology?
Travel Connection Technology's top competitors include Amadeus, Travelport and Sabre.
What products or services does Travel Connection Technology offer?
Travel Connection Technology offers Traviola B2B, Traviola B2C, Mid and Back Office, BI and Reporting, and Extranet.
Who are Travel Connection Technology's investors?
Travel Connection Technology has 1 investor. Key investors include Travelsoft.