Omio Raises $80M As Travel Demand Rebounds After Years Of Covid-19 Crisis

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But the company kept on trucking and has found some light at the end of the tunnel: Today it’s reporting revenues which have rebounded to more than double pre-pandemic levels. The travel startup is not disclosing a valuation for its business at the latest raise but that’s essentially a point of principle for Shaam, who bats away the question with a laugh. But there’s no doubt the core platform excels off the road less travelled — as it’s focused on building out its inventory broadly, rather than concentrating effort around major hubs. Omio operates in a space with no shortage of competitors for travellers’ attention but its platform stands out by merit of being multimodal — which is to say it can span multiple transport types, from buses and trains to flights and ferries (with price comparison baked in) — making it a more comprehensive option for travel planning vs (just) consulting train or flight booking sites. Omio is no exception — which is why a slightly more modestly sized raise now is all it needs to stay on track now, per Shaam.