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HelloGbye secures $1.75M, looks to close at $4.25M

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fundable.com

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info@fundable.com

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Wed, Jan 23, 2019 03:50 PM

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# ## Fundable Update The Largest Business Crowdfunding Platform W2N9Krj9hF-bxW1T4lb07qYVHn0/*W2ygm_L

# ## Fundable Update The Largest Business Crowdfunding Platform W2N9Krj9hF-bxW1T4lb07qYVHn0/*W2ygm_L5TqpKRW7w4S0X4VSDgc0/5/f18dQhb0Sjv88XJ9TCW2R-v8d5VQHv_N62HPq_Cpm84W6XG-5Y1wcxHqW7K0hWZ1MphjrW7w3ldH7p753yW7z32L52GF_g1W2WvkcK6Dvxs9W58zYp91GmwJ3W7vPVHQ7w4nLlW2ZSLjD64QZb6W8rvsf65mZjbqW31H3807wp-SNN6CtS5SMMQxXW80gSRf97rB1bW8xqS_36N-6MFW4pQkws36TJRTW4wt18B99rPK1W8n1-sX5Ghm3gN6S9GlHRrfYyN6Pbsnjb4lwQW8qgsX15wnMtTW6NzcYF4XyK8pW1nYwCB4tV7TyW3fp7xg2yr8R-N97skHhMCWz5W8zvHfM4VsTCWW22xJbc3bjGycN2DggHnRBXDFW61MlK05hkmhSW94JtYF73QsnmW1d5pgb5szX_FW1vjGjs1tjldNW1P_gH-1WdmrbW1dkNjb8kLyZ-VsjV005XTk4BW5fMnNs91clWJW56fxf070JbhjW3P-0GG50F94YW82WG-k3y19vMN3wMXFC15rkTf2qQgXb03 INVESTMENT OPPORTUNITY Former Google, Salesforce, and Microsoft team secure $27M to date for its AI-powered travel booking platform If there’s anything that overshadows the excitement of taking a trip, it’s the headaches that come with planning it. HelloGbye is on a mission to turn your most complicated trip into one simple booking experience with its AI-powered solution that makes travel planning up to 10X more efficient. The B2B SaaS platform takes advantage of natural language search and scheduling technology that analyzes voice, typed requests, or emails to generate itinerary recommendations for travelers and agents in minutes. So when users speak or type something like, “Fly me to Miami on Monday for 3 nights, staying in South Beach for under $250 per night, then fly me home,” the app produces results based on commands and loaded preferences instantly. Users can modify their flight and change hotels without having to start from scratch -- as well as book multi-person itineraries with travelers departing from different cities leaving on different days, all with different preferences. Travelers aren’t the only ones who benefit. HelloGbye also enables travel agents to dramatically increase their booking efficiency -- increasing output from an average of 8-12 itineraries per day under the traditional travel agency model to up to 80 per day with HelloGbye. The team -- which includes former members of Google, Salesforce, and Microsoft -- has secured $27 million in funding to date. Key partnerships include American Express (which powers HelloGbye’s booking recommendations) and Virtuoso (HelloGbye was recently selected out of 45 startups as part of Virtuoso’s 2018 Incubator Program). HelloGbye is currently seeking $4.25 million for a 30 month convertible note offering a 20% discount on its Series A round, along with 10% interest paid annually -- $1.75 million of which has already been invested in the round. HelloGbye is looking to close the balance of $2.5 million in the next 60 days or sooner. 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