Spanish traveltech startup Directo raises $1m pre-seed round, announces US launch
Spain-based Directo, a Chrome extension that helps travelers find commission-free accommodation deals, has reached significant milestones since its beta launch in Europe in September 2023. With over 100,000 users, Directo is launching in the US and announcing a $1 million pre-seed funding round. Investors include Kima Ventures, Calafia of Global Female Tech Leaders, and Derive Ventures, along with 26 travel industry veterans.
Directo aims to help guests secure better travel deals and empower hotels and property owners to regain control over their business. As accommodation prices have risen sharply since 2019, Directo's launch is timely. Travelers need better deals to manage expenses, and hotels require more control over their distribution networks. Directo helps by promoting direct reservations.
Pierre Becerril, Co-founder, Directo: "Our mission is to reward guests for booking directly with hoteliers, bypassing third-party sites, while empowering hotels and property managers."
The Directo Chrome Extension is user-friendly, searching for direct deals while users browse travel sites. It identifies direct booking options on sites like Airbnb, Booking, VRBO, or Expedia, offering better deals and more control.
Directo aims to replicate its European success in the US, providing enhanced booking experiences with direct connections and better deals. The $1 million pre-seed funding will scale operations, improve technology, and expand market reach.
Marina Guastavino, Co-founder, Directo: "We are thrilled to bring Directo to the US market. Our goal is to revolutionize travel bookings by making it easier to find and secure the best deals directly."
