Travel tech start-up InterLnkd has raised £1 million to further its growth, the company has revealed.
The funding round was led by Vanneck Ltd with participation from other angel investors, according to InterLnkd.
The UK-based company, which has partnered with brands including Thomas Cook, gives travel agents the opportunity to earn extra income by cross-selling fashion and beauty products.
More: Agents offered ‘virtual shopping mall’ to boost revenue
InterLnkd chief executive Barry Klipp said securing the £1m investment was a “pivotal moment”, adding: “We look forward to enhancing our capabilities, expanding our global footprint, and reshaping the world of travel shopping.”
Product from more than 20,000 brands are available through InterLnkd, which has been shortlisted in two categories at the Travolution Awards 2023 – ‘Startup of The Year’ and ‘Disruptor of The Year’.
Klipp said: “This new round of investment marks a pivotal moment for InterLnkd. It not only validates our mission to help the travel industry capitalise on a new and free stream of ancillary revenue, but also empowers us to deliver an even more tailored experience to our partners and their customers.”
HolidayPirates and LeShuttle are among the travel brands partners.
Vanneck Ltd director Heneage Stevenson said: “InterLnkd has built a truly unique and disruptive solution for the travel industry, where relevance and personalisation are paramount.
“At Vanneck Ltd, we see enormous potential in the start-up’s innovative approach to unlocking a new source of ancillary revenue for travel sellers and are excited to support their growth into new markets.”