Elude raises $3M for budget-based travel booking app
Travel booking startup Elude has raised $3 million and unveiled new features to meet the needs of budget-conscious travelers.
The round was led by ATX Venture Partners, with participation from Mucker Capital, Unicorn Ventures, Upfront Scout Fund, StartupO, Grayson Capital and others, bringing the Los Angeles-based company’s total funding to $5 million. dollars.
Founded in 2019 and launched in August 2021, Elude enables travelers to find and book flights and hotels within their desired price range.
Using the Elude app, users enter their budget and preferred departure location and can book their trip with just a few clicks, eliminating the need to visit multiple websites.
In addition to the Departure Ride, Elude is also announcing new app features, including a “Featured Trips” section that allows users to book a trip with one click.
“Customer experience is always at the forefront of our new developments,” says Elude co-founder and CMO Frankie Scerbo.
Subscribe to our newsletter below
“Booking a vacation should be as relaxing and enjoyable as the vacation itself. We also want to encourage more spontaneity and excitement around the travel booking process. We are excited to finally be able to roll out ‘Featured Travel’, allowing users to access the best destination packages in real time to new destinations they may not have considered before.
Since its launch, Elude has more than 20,000 users exploring its search engine between two and three thousand times a day. The company says the average budget for a trip is between $1,200 and $1,750.
“The travel space took a hit early in the pandemic, and now we’re seeing the industry reemerge in the form of a travel rebound,” says Chris Shonk, co-founder of ATX Venture Partners.
“What Elude has created through an experiential, budget and mobile approach to travel resonates with today’s market. [Co-founders Scerbo and CEO Alex Simon] successfully developed a way to integrate travel agent functionality and bring it to the everyday traveler without the cost and hassle associated with other third-party services.