Amsterdam-based Transferz, a company in the ground transportation sector, announced that it has secured a minority investment from Holiday Extras, a key player in the UK and German leisure travel markets.
Transferz has concluded its over €10M Series A funding round, which includes an extension from Holiday Extras. Earlier this year in February, the Dutch startup raised €6.5M from a consortium of individual business angels and family offices.
Holiday Extras, established in 1983, claims to be the leading provider in the UK for airport parking, airport hotels, worldwide airport lounges, destination car hire, airport transfers, and holiday insurance. Booking for over 8 million travellers annually, the firm offers Flextras, ensuring hassle-free and free cancellations and rescheduling for any reason.
Brief about Transferz
Founded in 2020, Transferz is a B2B ground transportation platform that links travel brands with local transfer companies to deliver efficient and sustainable ground transportation services.
With a mission to revolutionise the industry, Transferz equips travel brands with technological tools, ensuring easy management of ground transportation needs while positively impacting communities and environments.
The platform encompasses various transport options such as taxis, private cars, small vans, limousines, helicopters, dedicated trains, and even tuk-tuks.
The solutions provided by Transferz are implementable and integrated by a diverse range of partners, including airlines, online travel agencies, hotel brands, and airports.
The Transferz team boasts a broad and diverse set of in-house skills, with team members bringing experience from their roles at prominent technology companies such as Greetz, Booking.com and Tiqets.
The partnership!
Simon Hagger, CEO of Holiday Extras says, “We initially looked at Transferz as a new provider to broaden our own transfers offering but quickly realised that this excellent team was changing the game.”
“With their ambition, experience and strong tech capability, they are improving how the entire market works. Our investment in Transferz shows our commitment to delivering the best possible transfers product.”
According to a statement from Transferz, this partnership will help the company reshape the ground transportation industry, delivering “top-notch” tech solutions, enhanced convenience, and a “commitment to excellence” for travel companies and their customers.
Johan van Vulpen, CEO of Transferz says, “We’re proud of our cutting-edge technology, top-notch operations, and strong connections with leading companies in both corporate and leisure travel. This partnership is a testimony of the position we have gained in the market.”
“Both Holiday Extras and Transferz share a common long-term vision: to become the preferred choice for travellers, travel companies, transfer services, and dedicated drivers.”
“This investment is the perfect blend of financial and strategic support. It offers us the best of both worlds – no limitations on growth, a strong commitment to long-term success, a valuable contribution, a deep understanding of the market and the ambition to accelerate and strengthen our position in the industry,” adds Van Vulpen.
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