Fora Reaches $1 Billion Valuation in $60 Million Series D
Updated
Updated · TechCrunch · Jul 16
Fora Reaches $1 Billion Valuation in $60 Million Series D
3 articles · Updated · TechCrunch · Jul 16
Summary
$60 million in new funding lifted AI-powered travel agency Fora to a $1 billion valuation, with Forerunner and Tactile Ventures leading the Series D.
Fora said the capital will expand its AI assistant Via, which handles research and itinerary-building so human agents can spend more time on client relationships.
The 2021 startup has now raised $138.5 million and plans to use the money to hire and push further into cruises and flights.
More than $3 billion in travel has been booked through the platform since launch, and Fora said most of its agent users are new to travel advising.