TravelFlan runs an artificial intelligence-enabled travel marketplace platform. It has created chatbot technology to help companies sell travel to their existing user base.
TravelFlan utilizes a personalized chatbot engine to drive revenue creation from flight, air, hotel, and local experience bookings. They work with big corporate clients like Samsung and China Mobile. The solution allows them to engage existing users without developing their own travel systems.
“Many compare us with online travel agency platforms like Ctrip and Alibaba’s Fliggy. But we see them as partners rather than competitors because we are serving clients like Samsung and China Mobile who are important distribution channels for their online travel services. Through our chatbot service, they can reach a broader user base for our enterprise clients.”
—Wang Wenbin, Managing Partner of TravelFlan
In December, TravelFlan received a $7 million A round from SPK AI Travel Tech Fund founded by Lazard Korea at a valuation of $27 million. Other investors in the round include Artesian Capital, Linear Venture, Construction-Radiant Tech Ventures Fund, Hong Kong Government ITVFC Fund, SOSV and its accelerator Chinaccelerator.
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