Officials handing over documents after the signing ceremony.
After reaching the mark of two million users per month to become the largest flight metasearch engine in Brazil, Travel Capitalist Ventures announces a substantive investment in Voopter.
Travel Capitalist Ventures, with an office in Doha, is the first multi-stage travel-focused investment firm focused exclusively on travel private equity and venture capital investments worldwide.
The "Series B" comes from Travel Capitalist Ventures (Qatar office), a travel focused investment firm providing capital, hands-on advice and resources, as well as a co-investment with No Borders Investments Limited in Doha. The investment supports the expansion of Voopter's operations as well as future partnerships for the company in the tourism trade.
According to Abrar Ahmad, Managing Partner at Travel Capitalist Ventures, "Voopter epitomizes the kind of 'must do' investment we love to make at Travel Capitalist Ventures. The challenging regional climate overshadows lucrative travel investment opportunities, and there's no better example than our Series B investment in Voopter."
Travel Capitalist Ventures' investment adds to the round from Global Founders Capital, a German venture capital company that trains talented entrepreneurs globally. This is their second investment in the Brazilian flight search startup.
Voopter's unique offerings are geared to Brazilian consumers, who prefer to receive personalised promotional information and to plan trips in advance. Voopter provides tools adapted to this traveler profile such as a multi-dates calendar, collaborative alert system and curated content.
Travel Capitalist Ventures investments collectively transact over $1bn annually, and they invest in key travel markets.