Travel tech company will accelerate sales, marketing and the execution of product roadmap.
The leading Swiss travel tech start-up Nezasa closed a Series A investment of CHF 2.5 million CHF, led by SVC Ltd. for Risk Capital for SMEs, an investment vehicle of Credit Suisse in Switzerland. Additional funds come from existing shareholders, such as Howzat Partners, Alpana Ventures, Reinhart Capital and Investiere.ch.
Didier Denat, Chairman of SVC Ltd. and Head of Corporate & Investment Banking at Credit Suisse (Switzerland) Ltd., said: “At a time when digitalisation is changing consumer behaviour across industries, technology and seamless end-to-end processes are becoming increasingly important for businesses. Nezasa’s unique platform enables the travel industry to take customer experience to new heights. We have full confidence in the company’s strategy and management team, and we are sure that it will successfully service its target market while substantially growing its business.”
Founded by Manuel Hilty, Patrick Hammer and Andreas Fürer in Zürich in 2013, Nezasa helps tour operators and travel retailers to automate the offering, customisation and booking of their trips. The booking platform gives consumers and travel agents a smooth online experience, allowing to plan, personalise and book any type of trips within a few minutes. Using the Nezasa system, the tour operator efficiently attracts more clients while reducing the cost to serve them at the same time.
Today, more than 12’000 travel agents have access to the Nezasa Platform. Clients include FTI Touristik, Viamonda, Fineway, Berge & Meer, vtours and Swiss Travel Centre.
“Nezasa’s offering is well-timed with the rapidly increasing demand for more individualisation in the global travel market. Consumers are looking more and more for highly personalised travel plans that cover all their travel needs from accommodation, transportation to local experiences. Our technology allows them to immediately understand how the entire travel plan is affected if they modify one travel component or if they extend the stay in a destination. The improved transparency during the planning process helps our clients to convert more lookers into bookers.” says Manuel Hilty, Nezasa’s co-founder and CEO. Nezasa will use the funds to further invest in its product and to expand its marketing and sales capabilities to tap into international markets.
About SVC Ltd. for Risk Capital for SMEs
SVC Ltd. provides small and medium-sized businesses as well as young entrepreneurs with risk capital totaling roughly 130 million Swiss francs. So far, it has invested in some 50 companies. The beneficiaries are innovative companies in different stages of development from around the country. Helvetica Capital AG has been responsible for investment portfolio management on behalf of SVC Ltd. since September 2015. The company is managed at strategic level by a broad-based Board of Directors with the support of an operations team. To learn more, visit www.svc-risikokapital.ch/en.