Direct Travel
7430 East Caley Avenue Suite 320E, Centennial, CO, 80111, United States
Overview
Direct Travel is ranked as one of the top Travel Management Companies in the U.S. They provide their clients with significant cost savings programs, innovative technology solutions and consultative, world-class service. They remain steadfast in their business ethic, never losing sight of the needs of their customers. Their accomplishments in the travel industry illustrate their philosophy that success is a direct result of developing the finest professional staff supported by state-of-the-art systems.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Tourism
- Travel
Investment portfolio
- Otto
Participated · Seed · Aug 2024
Otto provides an AI-powered travel assistant that lets users make flight and hotel bookings through natural-language queries and remembers user preferences and past trips. The product routes complex cases to human agents at Direct Travel when the bot cannot complete a booking. The company is fine-tuning off-the-shelf AI models with its own data and aims to keep model costs below affiliate revenue per booking. Otto is integrating with partners like Direct Travel and Spotnana to access richer flight and hotel data for more customized results. Management plans an alpha release to select U.S. participants in September, a beta by the end of the year, and wider availability in early 2025. Otto has raised $6 million in seed funding to pay for product development and engineering hires, which the company says provides roughly a two-year run rate.