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Wayfare Ventures provides angel capital, specializing in innovation within the travel technology and services sector. The firm offers strategic investment and expert guidance, accelerating commercialization and scaling of early-stage companies. They apply a focused thesis, identifying promising solutions and injecting capital to integrate advanced technologies into the hospitality ecosystem.
Prakash Shukla, a Managing Partner, plays a pivotal role in the firm's strategic direction. Wayfare Ventures originated from a deep understanding of technological opportunities within the global travel industry. This insight, informed by leadership in global technology, enables the firm to cultivate ventures redefining market standards and addressing evolving needs.
The firm targets early-stage companies innovating across the travel and hospitality landscape, from booking to operational platforms. Wayfare Ventures aims to accelerate digital transformation, empowering its portfolio to drive new technological adoptions. Its vision is to cultivate impactful ventures that enhance global travel experiences and operational efficiencies.
Wayfare Ventures has 1 tracked investment across 1 company. The latest tracked deal is $3.0M Series A in Groupize in October 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2017 | Groupize | $3.0M Series A | Jeffery Jackson | Golden Seeds, ACE Fund, Launchpad Venture Group, NXT Ventures |