Thursday, April 18, 2024
HomeRecent ArticlesUAE-based Tumodo Raises $35 Mn Pre-Seed Funding

UAE-based Tumodo Raises $35 Mn Pre-Seed Funding

Tumodo - the business travel platform has raised $35 million in a pre-seed round co-led by MENA-focused angel investors.This funding will fuel the company's presence in the UAE market, further product development, and new partnership opportunities in the MENA market. Also, by 2026, the company plans to scale its platform to 25 more countries worldwide.

Tumodo – the business travel platform has raised $35 million in a pre-seed round co-led by MENA-focused angel investors.This funding will fuel the company’s presence in the UAE market, further product development, and new partnership opportunities in the MENA market. Also, by 2026, the company plans to scale its platform to 25 more countries worldwide.

Read also – Singapore-based Aspire Secures US$79M Funding

With its cutting-edge technology and customer-centric approach, Tumodo is set to become the leading business travel platform in the MENA region. The company strives to achieve a 100% adoption rate, but Tumodo’s help centre specialists are always ready to assist in organizing a trip and choosing the best options. The company is committed to enabling businesses of all sizes to reach their travel objectives while maximizing their return on investment.

Read also – Cardumen Capital Raises $120M For Second Deep Tech Fund

“Tumodo is the future of business travel,” said Stan Klyuy, Chief Commercial Officer of Tumodo. “It is important for us to contribute to the MENA business travel market and make its recovery not only one of the fastest in the world but also to make this market the most technologically advanced. We help companies set up business processes and optimize the management of travel expenses, enhancing employee productivity and ensuring compliance with travel policies. This allows to reduce the costs on business travel of our clients by 35% on average.”

Read also – Dubai-based Silkhaus Secures Multi-Million Pre-Series A Funding

About Tumodo

Founded in 2022, Tumodo – а technology-first corporate travel platform that combines data science, modern user-friendly design, and world-class service to bring businesses and their employees the best experience in business travel.

Read also – Qatar-based Droobi Health Merges with Smit.fit

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular