London travel company aims to create jobs with £1.2m funding round

A London travel business has announced that it has closed a £1.2m funding round to develop its technology and create new jobs.

Luxtripper, which acts as an online travel agent, will use the funding to double its destination offering over the next three years, as well as further develop its proprietary technology platform and hire for roles across the business.

This brings investment in the business since 2015 to a total of £3.1m since 2015, with the latest round raised by high-net worth individuals and former travel executives.

Nena Chaletzos, founder and CEO of Luxtripper, commented: “I started Luxtripper to revolutionise the luxury travel planning process, creating the experience of a lifetime for customers, matched perfectly to their needs but in a fraction of the time.

“The technology we’ve created does just that, whilst giving us the space to engage with our clients on a deeper level, something which has never been more important than now.

“Today marks a significant milestone for us, particularly during incredibly difficult times for our industry and the world.

“Over the last few months, it’s our passionate people that have helped us to adapt to the challenges we’ve faced, and with total commitment to supporting and protecting our customers.

“We’re proud to be a part of the travel community and, we’re looking forward to bringing in more exceptional talent as we begin this next stage of growth.”

Roger Flynn, chair of Luxtripper, said: “This is a great outcome for Luxtripper, testament to our dedicated staff and robust business model.

“I am pleased with the continued support from our existing investors, and excited to welcome new investors to the business who will bring valuable experience to our growth journey.

“For the travel industry, these times are the most testing we’ve ever seen, but this community, that I’ve been a part of for 25 years, is resourceful, resilient and genuinely has the customer at its heart; qualities that will ensure we meet the challenges ahead.”