GetGoing.com, a San Francisco-based startup that offers a new approach to booking discounted air tickets, announced earlier this week that it has completed its second round of financing from prominent individual investors and funds. Neither the amount of the round nor the company’s valuation were disclosed.
The investors include Yury Milner and his international fund DST, Data Collective, a Californian fund focusing on big data projects, TA Venture, a Kiev, Ukraine-based fund operating internationally, TEC Ventures, a Californian fund, and Lightbank, the venture investment management company launched by Groupon’s founders.
Getgoing, which was incubated by Y Combinator, has developed an original concept for travellers seeking large discounts on air fares. Users select their preferred dates of travel, and choose either a region they would like to visit or a type of trip they would like to take among “hundreds of sweet deals.” They then choose two trips among a selection offered by the site, with up to 40% discounts. The user will find out which one of the two trips has been booked only after paying for it.
