Travel Startup Funding Slows in 2025, But Hotel Tech Still Draws Big Capital

Funding for travel startups has slowed this year compared to last, yet certain sectors continue to attract significant investment. In the past three weeks, eight travel startups collectively raised $159 million, a figure roughly consistent with the prior three-week period. This contrasts sharply with last year, when three companies alone each raised over $100 million in March. Despite the slowdown, the trend in funding remains consistent: hotel technology, business travel tech, and ventures targeting India’s growing travel economy continue to draw investor attention. Among the recent funding rounds, North Carolina-based Inn-Flow, which provides back-office software solutions for hotels, secured $45 million in growth capital from growth equity firm Mainsail Partners. Inn-Flow’s platform is designed to support hotel owners and management companies with accounting, bookkeeping, labor management, payroll, business intelligence, and more, helping streamline operations and improve efficiency. Key Highlights: * Eight travel startups raised $159 million in the past three weeks. * Funding pace is slower than last year, when three startups raised over $100 million each in March. * Top-funded sectors remain hotel tech, business travel tech, and ventures focused on the Indian travel market. * Inn-Flow raised $45 million to expand its hotel management software platform. * The platform provides tools for accounting, payroll, labor management, and business intelligence