Despite the travel restrictions in place, Takeoff Partners portfolio company Videoly has taken on the task of seeking growth in North America. It is working, and now the startup is opening an office in Toronto to take things to the next level.
MeetingPackage.com, a Takeoff Partners portfolio company, boosts growth and internationalization with a EUR 1,2 million seed financing round, finalized earlier this year. MeetingPackage.com has won several large customers recently, validating its value proposition to both meeting venues and business customers. The company is looking to complete Series A financing round towards the end of 2017.
Backed by seasoned industry experts
MeetingPackage.com is backed by several well-known travel industry executives, including Jani Kaskinen, former CEO of Hotelzon (acquired by Travelport), and Andreas Hansson, Founder of CabForce (acquired by CarTrawler). Among the investors are is also Jaakko Ollila, co-founder of CRF Health, as well as MeetingPackage.com Board members and angel investors.
"MeetingPackage.com is a good example of how valuable it is for an ambitious startup to get seasoned global industry experts on board early on", says Markko Vaarnas, Chairman of the Board of MeetingPackage.com. "We are happy to have people as advisors, investors and Board members who know the global travel industry inside out. It certainly helps in opening doors, pre-validating ideas, and avoiding many easy mistakes", Vaarnas continues.
Great developments during 2017
Says Joonas Ahola, the CEO and founder of MeetingPackage.com: “Our mission is to become the number #1 tool for searching, booking and managing offsite meetings & events globally by 2020. Our recent major customer deals with companies such as Carlson Wagonlit Travel and Scandic Hotels have provided us with encouraging feedback on our service offering. We have also made great progress on the service development side, most notably our recent announcement to offer direct integration with Oracle's Opera Sales & Catering system, as the first marketplace in the world.”
Ahola continues: “We will continue to press the pedal to the metal, pursuing rapid business growth. Towards the end of 2017, we’re looking to close a Series A financing round to support our expansion particularly in the US market.”
Client feedback on the Opera Sales & Catering integration
“We are continuously exploring new ways to boost our revenue. Our guests and meeting bookers are online but as an industry, up until now we haven´t been able to offer the option of booking meetings and events online, in real time. With MeetingPackage’s integration to Oracle’s Opera Sales & Catering, this becomes finally possible”, says Christian Borg, Commercial Director, Scandic Hotels Finland.
”MeetingPackage.com has proven to be among the most advanced solutions when it comes to meeting room bookings. This is great news for the industry and truly a win-win for both the guests and hotels to make meeting room bookings faster and easier." says Markus Veikkolainen, Revenue and Distribution Manager at Primehotels.
MeetingPackage.com is a Finnish startup company established in 2014. MeetingPackage.com provides companies a single platform for searching, booking and managing meeting rooms and the related service packages. Currently, over 250,000 meeting rooms are available through MeetingPackage.com around the world. The site features ten different language versions.