Telstra Ventures has contributed to a $13.2m extension that brought the AI-powered hotel booking platform's series A round to a $21.2m close.
Canada-based hotel booking platform SnapTravel completed a $21.2m series A round yesterday after raising $13.2m from investors including Telstra Ventures, the corporate venturing arm of telecommunications company Telstra.
The company identified Telstra Ventures and basketball professional Stephen Curry as the new investors in the extension. It had raised $8m in a July 2017 first tranche led by venture capital firm iNovia and backed by Lightbank, Bee Partners, Hedgewood and angel investor Peter Kern.
Founded in 2016, SnapTravel has…
