Led · Equity · Jul 2018

Eatigo is a dining-booking startup founded in Bangkok in 2013 that positions itself as an ‘anti‑Groupon,’ helping restaurants fill quiet hours by offering time-based discounts. The service is live in six countries and claims about four million registered users and over 4,000 restaurant partners, ranging from high-end hotel venues to street-food outlets. Eatigo focuses on managing restaurant inventory and timing to drive incremental revenue without overloading service capacity. The company has raised over $25 million to date. Management says it plans to expand further across Southeast Asia and the wider Asian market. On the product side, Eatigo is preparing a new service that will “move beyond” strictly time-based discounts, though details have not been disclosed. Eatigo is a Bangkok-headquartered discount restaurant booking service founded in 2013 that enables restaurants to control when time-limited offers are available. Restaurants can set discounts of up to 50% for specified time windows to shift demand into off-peak periods, with offers varied across time slots to manage customer flow. The company is live in Bangkok and Pattaya (Thailand) and Singapore and reports 700 restaurant partners. Eatigo claims one diner is seated every three seconds on average and is seeing 20% month-on-month growth for reservations and revenue, but it declined to disclose profit or loss figures. The startup emphasizes strategic, operational partnerships over fast capital to gain marketing, content and technology support. It plans regional expansion across Southeast Asia, likely in 2017, and aims to reach breakeven within two years.

Led · Series B · Dec 2016

Traxo delivers travel data capture and itinerary intelligence via API-based integrations that let travel managers and travel management companies track total travel spend across booking channels. The platform distributes travel data to popular microservices used across the corporate travel industry. Traxo said the recent investment from Airlines Reporting Corporation will fund continued growth of its sales and marketing teams and additional new product investment. The company emphasized its role in unlocking data silos to improve duty of care and travel visibility for managers, TMCs and suppliers. Traxo is led by Founder and CEO Andres Fabris and has expanded its board with travel-industry veterans to support scaling and product development. Traxo aggregates traveler itinerary data for travel agencies, content providers, corporations, TMCs, and online booking tools. It offers API-based and hosted white-label solutions, private branded email parsing, and data normalization to capture off-platform bookings, enhance policy compliance, and track travel spend. A broad range of clients use Traxo today, including Chrome River, Lufthansa, Travel and Transport, Cornerstone Information Systems, iJet, and InsideFlyer. The company raised a $5.2M Series B led by TripAdvisor to support ongoing technology initiatives and expand sales and marketing. TripAdvisor’s participation, including a board seat, is intended to help scale and enhance Traxo’s data aggregation services in 2017 and beyond. Traxo previously closed a $4.2M Series A in September 2013. Founded in 2009 by travel industry veterans Andres Fabris and Andy Chen and based in Dallas, Traxo aggregates and keeps track of travel reservations booked on the web and provides itineraries, frequent-flyer management, travel-management tools, social travel capabilities and an iOS mobile app. The company integrated KnowDelay to provide weather-based flight cancellation and delay predictions and in September 2012 acquired the assets of GoMiles to enhance its frequent-flyer management capabilities. Traxo also signed a travel expense management partnership with SAP’s Cloud for Travel. In February 2013 the company raised $4.2M in a Series A led by Advantage Capital Partners, with participation from Silver Creek Ventures and Thayer Ventures. As part of the financing Damon Rawie (Advantage Capital Partners), Michael Segrest (Silver Creek Ventures) and Jeffery Jackson (Thayer Ventures) joined Traxo’s board. Traxo intends to use the funds for product development and international expansion.

Participated · Equity · Jun 2015

ZanaAfrica Group is a hybrid social enterprise in Nairobi that designs and sells affordable disposable and reusable sanitary pads, underpants, and educational comics for girls. Its core product line pairs pads with aspirational, behavior-change comics and a back-to-school kit to increase reach and deliver menstrual health information. The company uses a tiered distribution model that leverages social enterprises, community health workers (CHWs), supermarkets and roadside kiosks to make products available within walking distance of low-income women and girls. ZanaAfrica plans to scale up production, drive sales growth, and integrate impact evaluation into delivery channels as part of its expansion funded by new investment. Operational traction includes roughly 300,000 pads sold since November 2013, reaching about 20,000 customers (35% girls), and a target to reach 150,000 beneficiaries by the end of 2016. Education and systems-change work is led through the ZanaAfrica Foundation to create lasting reproductive-health outcomes alongside product sales.