Travefy, Inc.

Travefy, Inc. is a technology company that provides travel advisors with a comprehensive platform for itinerary management and client relationship management, streamlining the travel planning process. Founded in 2012 by Chris Davis and David Chait, Travefy, Inc. is headquartered in Lincoln, US.

The company specializes in tools for travel advisors, enabling them to create customized itineraries and manage client relationships effectively. Travefy has successfully raised USD 0. 5 million in Series A funding from investors including Invest Nebraska Corporation, Nebraska Angels, and Nelnet, with the most recent deal occurring on April 14, 2017. The company has completed a total of 5 deals to date.

Travefy offers a comprehensive suite of tools designed for travel advisors, focusing primarily on itinerary management, proposals, and client relationship management (CRM). The core product enables travel advisors to create customized itineraries that reflect their brand, integrating content from various suppliers, destination information, and media libraries. This functionality addresses the need for streamlined organization and professional presentation, allowing advisors to deliver itineraries through mobile apps, web links, or PDFs. Additionally, Travefy provides CRM solutions that simplify client data management, enabling advisors to collect essential details, including credit card authorizations, through custom forms.

The platform serves a diverse clientele of travel professionals, including independent advisors, travel agencies, destination management companies, and tourism boards, catering to markets across North America, Europe, and Asia. Travefy generates revenue primarily through subscription-based pricing models for its various services and features. The pricing structure includes three tiers: an annual plan at USD 39 per user per month, a quarterly plan at USD 44 per user per month, and a monthly plan at USD 49 per user per month. Each subscription provides access to unlimited proposals and itineraries, along with the full suite of Travefy's features, including CRM functionalities and marketing tools.

Clients typically engage with Travefy's services by subscribing to these plans, enabling them to effectively manage their travel business operations while benefiting from automation and streamlined workflows. The firm's revenue model is well-suited for B2B transactions, focusing on delivering value to travel advisors looking to enhance their client experiences and operational efficiencies. Travefy plans to leverage its recent Series A funding of USD 0. 5 million, raised in April 2017, to enhance its existing product offerings and develop new tools tailored for travel advisors.

The company is also exploring opportunities to expand into additional markets in Europe and Asia by 2025. These initiatives aim to further support travel professionals in managing their operations and improving client interactions, ensuring Travefy remains a relevant player in the travel technology space.