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Caravelo
Customer retention software for the airline and travel industry
- 21-100 employees
- Fintech
- B2B
- Travel
- Enterprise
- Analytics
- Customer service
- SaaS
- Ronda Sant Pere 19, 6-4, Barcelona, Barcelona 08010, ES
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Company mission
To bring travel and travelers closer together.
0% employee growth in 12 months
Our take
Caravelo is using software to bring commercial innovations to the often slow-moving Airline and travel industry.
Pressures on the low-margin industry have opened a door for Caravelo’s products that tangibly boost profits. The startup focuses on high leverage offerings, such as introducing a pioneering subscription model that delivers recurring revenue to airlines such as WizzAir. The clear margin-boosting effects of reliable customer retention by Caravelo services means that the startup has been able to consistently acquire new customers in what is typically an industry guarded to change.
The company is focused on continuing this strong acquisition for each of its major product offerings, as well as launching new high-impact products for its current roster of customers.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Awesome location in the heart of Barcelona
- Make an impact in a fast-growing scale-up
- Flexible hours and short Fridays
- Pet-friendly office
- Transport, food, gym and childcare discounts
Company values
- Passion
- Curiosity
- S(illy)eriousness
- Dependability
- Honesty
Funding (last 2 of 4 rounds)
Sep 2023
$3.7m
SERIES A
Jul 2022
$3.2m
SEED
Total funding: $10.4m
Leadership
Iñaki Uriz
(CEO)Started their career in finance, first at UBS and then at Societe Generale as a Portfolio Manager. Also worked in Private Equity prior to founding their first startup in the travel industry, ChangeYourFlight from which caravelo was spun out.
Jose Luis Vilar
(CTO)Trained as an engineer and consultant. Spent years advising on strategic innovation projects in Dubai as well as automotive companies like Renault in Europe.