Here’s the 16-slide pitch deck Selfbook, a startup bringing one-click booking to the travel industry, used to raise $25 million from Tiger Global
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- Travel startup Selfbook recently raised $25 million in a Series A funding round.
- The round was led by Tiger Global, a VC giant that previously backed Facebook and Spotify.
- Insider got an exclusive look at the pitch deck Selfbook used to bring investors on board.
Selfbook, a startup that enables hotels to offer one-click bookings, recently raised $25 million in a round led by US investing giant Tiger Global Management.
The New York-based company, founded in September 2020, aims to streamline the travel planning process and increase hotel revenues as the industry recovers from the pandemic. Through Selfbook’s platform, hotels can accept payments directly on their site through the likes of Apple Pay, Google Pay, and PayPal.
The platform also allows companies to offer buy now, pay later services when booking a room. The firm also groups hotel services – such as in-house restaurant reservations, or spas and other activities – so users can easily book those as part of their trip too.
Selfbook claims hotels can overhaul their booking platform using a “single line of code” without changing the rest of their existing website. It counts a wide array of hotels from luxury resorts to independent boutiques among its customers, including Eden Rock St Barths, Stapleford Pary, and Hotel Nikko.
The Series A round, which brought the startup’s total funding raised to $30 million, valued the business at $125 million. In addition to Tiger Global, which has previously backed the likes of Facebook, Spotify, and Linkedin, Selfbook also won the backing of Lachy Groom, Valia Ventures, Fin Venture Capital and a string of strategic angel investors.
Cofounder and CEO Khalid Meniri said he hoped Selfbook would bring the “simplicity of Apple Pay” and Amazon’s one-click checkout service to the travel industry.
“We are committed to empowering hotels all over the world, especially at this crucial time of recovery in the industry,” he said.
Insider got an exclusive look at the pitch deck Selfbook used to bring investors on board. Check it out below: