Turneo is a technology company.
Turneo has raised $2.9M across 2 funding rounds.
Turneo has raised $2.9M in total across 2 funding rounds.
Turneo is a hospitality technology company founded in 2022 that provides an all-in-one digital platform for hotels and resorts to manage, sell, and deliver in-destination experiences directly on their websites or apps.[1][3][4] It enables hotels to centralize offerings like local tours, spa bookings, transfers, events, rentals, and table reservations, while using AI for personalized guest recommendations, pre-arrival offers, concierge bookings, and revenue analytics.[1][3] Serving hoteliers globally, Turneo solves the fragmentation in activity management by consolidating in-house and partner experiences into a single dashboard, boosting guest satisfaction, additional revenue, and operational efficiency without third-party commissions.[1][3][4]
The platform targets innovative hotels aiming to become "experience-first," with recent €2M seed funding led by Bessemer Venture Partners to expand product features, grow its user base, form global partnerships, and enhance AI-driven personalization.[1] Recognized as one of PhocusWire's Hot 25 Travel Startups for 2024, Turneo demonstrates strong early momentum in experiential travel tech.[1]
Turneo was incorporated on March 18, 2022, as TURNEO LTD in London, UK, with a focus on software development, IT services, data processing, and web portals.[2] It was co-founded by Matija Marijan, former Senior Director of Strategy at Expedia, and Fran Kauzlaric, former Innovation Lead at Brussels Airport, who brought expertise in travel strategy and operational innovation to address gaps in hotel experience management.[1][3]
The idea emerged from recognizing how hotels struggle to showcase destinations and manage activities amid legacy systems, allowing guests to book everything in one place pre-arrival.[1][3] Early traction included rapid product development and industry validation, culminating in €2M seed funding in 2024 led by Bessemer (known for Shopify's Series A), plus accolades like PhocusWire's Hot 25.[1] The team has since expanded with leaders like Ariane Gorin (CEO), Shehzad Moiz (VP Product), and regional directors for Italy, Spain, Portugal, and beyond.[3]
Turneo stands out in hospitality tech through these key strengths:
Turneo rides the experiential travel trend, where post-pandemic travelers prioritize unique, destination-immersive activities over basic stays, amplified by AI for hyper-personalization.[1][3] Timing is ideal amid hospitality's digital shift: hotels face margin pressures from OTAs (online travel agencies) taking commissions on activities, while guests demand seamless, pre-planned experiences—Turneo flips this by empowering hotels as direct experience curators.[1]
Market forces like rising demand for "bleisure" (business-leisure) hybrids and sustainable local tourism favor Turneo, positioning it against incumbents like fragmented booking tools or OTA giants.[1][4] It influences the ecosystem by pioneering "vertical software" for hospitality, much like Bessemer's Shopify bet revolutionized e-commerce, potentially standardizing AI-driven destination management and enabling smaller hotels to compete globally.[1]
Turneo is primed to dominate experiential hospitality with its €2M funding fueling AI upgrades, global partnerships, and product expansion into more personalized itineraries and analytics.[1] Trends like AI ubiquity in travel, Web3 loyalty integrations, and climate-conscious localism will accelerate its growth, especially as hotels rebound from economic cycles.
Expect Turneo to evolve into a full-stack travel OS for chains, scaling revenue per guest 20-30% via direct experiences while influencing standards—echoing its founding promise to let hotels "elevate destinations" and transform how travelers connect with places.[1][3]
Turneo has raised $2.9M in total across 2 funding rounds.
Turneo's investors include Bessemer Venture Partners, Sonorcap, Pareto Holdings, Guillaume Lestrade.
Turneo has raised $2.9M across 2 funding rounds. Most recently, it raised $2.0M Seed in September 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2024 | $2.0M Seed | Bessemer Venture Partners, Sonorcap | |
| Dec 1, 2022 | $870K Seed | Pareto Holdings, Sonorcap, Guillaume Lestrade |