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Redeam is a technology company.
Redeam provides a neutral middleware technology platform, offering customizable API-driven connectivity solutions for the experiences industry. This platform enables digital distribution and redemption of tickets for tours, attractions, and activities, allowing operators to integrate efficiently with online resellers. Its core offering enhances operational efficiency and market reach for 'things to do' businesses.
Founded in 2015 by Alex Kremer, Kevin McLoughlin, Nathan Probst, and Leith Stevens, Redeam originated from the founders' insight into the fragmented experiences market. These experienced executives identified a crucial need for standardized digital infrastructure to connect providers with a broader network of global distribution.
Redeam serves operators of tours, attractions, and activities, alongside third-party online travel agencies. The company’s vision is to empower growth across the experiences industry by facilitating digital accessibility and simplifying distribution channels. It aims to be the technological backbone for seamless global connections in experiential travel.
Redeam has raised $20.0M across 2 funding rounds.
Redeam has raised $20.0M in total across 2 funding rounds.
Redeam is a middleware technology company founded in 2015 that provides API-based connectivity solutions for the "Things to Do" and experiences sector of travel, enabling operators (like attractions and tour providers) to manage real-time pricing, inventory, and bookings with distributors such as resellers, hotels, and OTAs.[1][2][4] It eliminates paper vouchers through digital, scannable mobile tickets, serving both supply-side providers and demand-side partners to streamline distribution without acting as a ticketing system, OTA, or attraction itself.[1][3] The company has raised about $20M in funding, including a $12M Series B in 2021, and is headquartered in Boulder, Colorado, with 11-50 employees; it was acquired by Travel Curious Group Inc., integrating into an end-to-end B2B experiences platform targeting a $1T market.[2][4][5]
Redeam solves fragmentation in the experiences industry by acting as a neutral digital connector, allowing operators to control inventory centrally while powering high-volume transactions for global attractions.[1][5][6] It targets tours, activities, events, and attractions, driving growth through partnerships like Klook and enabling bundled packages for incremental revenue.[5][6]
Redeam was founded in 2015 in Boulder, Colorado, by seasoned travel and technology executives aiming to digitize the fragmented experiences industry, starting with pioneering tech to replace paper vouchers.[1][2] The idea emerged from recognizing inefficiencies in inventory management, pricing updates, and ticket redemption for "Things to Do" operators, who struggled with manual processes prone to fraud, long lines, and lost revenue.[3][6] Early traction came from providing award-winning digital solutions that enabled real-time control via a single login, quickly expanding to global connectivity for suppliers and resellers.[1]
Pivotal moments include a $12M Series B raise in March 2021 to scale connectivity offerings amid post-pandemic recovery, and partnerships like with Klook in 2020 to enter North America.[5] By 2025, Redeam integrated into Travel Curious Group Inc., evolving from a standalone middleware provider to part of a broader B2B platform addressing industry fragmentation.[4]
Redeam rides the wave of travel tech digitization, particularly post-pandemic recovery in the $1T experiences market, where fragmentation hinders global distribution of tours, activities, and events.[4][5] Its timing aligns with surging demand for contactless, real-time solutions as travel rebounds, fueled by mobile bookings and API ecosystems in hospitality.[1][2] Market forces like rising OTA partnerships (e.g., Klook, Hotelbeds competitors) and hotel bundling favor neutral middleware, reducing reliance on proprietary systems.[2][5][6]
By powering connectivity for operators and resellers, Redeam influences the ecosystem through better revenue optimization and customer experiences, competing with platforms like Exfinity and Turneo while enabling smaller providers to access global channels.[2] This democratizes distribution, accelerating industry consolidation toward integrated B2B platforms.[4]
Redeam's acquisition by Travel Curious positions it to expand as the backbone of an end-to-end B2B experiences platform, unlocking broader distribution and infrastructure for a fragmented $1T market.[4] Next steps likely include deeper API integrations, AI-driven inventory forecasting, and global scaling amid sustained travel growth. Trends like personalized bundling, sustainable tourism tech, and Web3 ticketing will shape its path, evolving its neutral connector role into a dominant ecosystem enabler. As middleware demand intensifies, Redeam's early innovations in digitization will amplify its influence, connecting more stakeholders for efficient, customer-centric experiences.
Redeam has raised $20.0M in total across 2 funding rounds.
Redeam's investors include Thayer Ventures, Vertical Venture Partners, Boulder Ventures, Cobre Capital, Peninsula Ventures, Brad Corona, Jeff Carter, Barney Harford, John Love, Rob Torres, Russ Sach, Thomas See.
Redeam has raised $20.0M across 2 funding rounds. Most recently, it raised $12.0M Series B in March 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 31, 2021 | $12.0M Series B | Thayer Ventures, Vertical Venture Partners | Boulder Ventures, Cobre Capital, Peninsula Ventures |
| Mar 1, 2018 | $8.0M Series A | Brad Corona | Jeff Carter, Barney Harford, John Love, Rob Torres, Russ Sach, Thomas See, JetBlue Technology Ventures, Peninsula Ventures, Tallwave Capital, Chris Hemmeter |