Atlantic Labs invests in Swiss regtech start-up

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28.08.2020
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Travizory is working with several governments to enable the safe reopening of borders with help of its management platform, which provides seamless digital interactions between travelers and host countries. The start-up based in Neuchâtel has secured a $2 million investment by Atlantic Labs, one of the most renowned seed investors in Europe headed by the Swiss Christoph Maire.

Atlantic Labs has a long history of funding and partnering with successful digital and travel companies (i.e. Omio, GetYourGuide), and creator-driven platforms, to help advance their growth. The Atlantic Labs investment comes to Travizory at a time when governments are looking for solutions to re-open their borders during the COVID-19 epidemic. Renaud Irminger, CEO of Travizory said, “As the aviation industry opens up again, it is essential we do so in a safe and secure way, that is sustainable in the long-term. The last thing any of us want – airlines, airports, the supply chain and, most importantly, travelers – is to see another closure of air traffic. This funding from Atlantic Labs comes at the perfect moment: we are working with several governments to enable the safe reopening of borders and we will launch our platform within weeks.”

The Travizory platform enables countries to obtain directly from the travelers, key data such as identity information, biographic, biometric, itinerary, custom and health information such as COVID-19 test results and vaccine certificates. It is then combined with industry available data to assess and validate a travelers’ risk level and to authorize or deny travel at the point of origin.

Travizory’s approach is completely touchless, reducing the health risks at the airport and enabling a drastic reduction of queue times. It is fully aligned with IATA, ICAO, ACI and WTTC recommendations for the safe reopening of air travel and tourism. The Travizory platform also interfaces with track and trace apps, giving government authorities full visibility about people’s whereabouts.

The start-up was founded by an experienced team. Renaud Irminger has been Co-CEO of the Swiss travel start-up Epteca and worked in several managemt roles for SITA, a multinational information technology company providing IT and telecommunication services to the air transport industry. 

The investment will ensure a strong, independent future for Travizory, funding the first deployments and further developments of its core traveler management platform. Christophe Maire, founder and CEO of Atlantic Labs said, “We are backing the experienced founders of Travizory on a mission to rethink border entry procedures leading to large savings for the government and travelers alike. Year after year travelers have to provide their identity information to an increasing number of parties at multiple checkpoints, including airlines, airport, hotels, mobile operators and so on. Each occurrence is causing a risk of identity theft and a liability as this identity information is often stored for multiple years and forwarded un-securely to multiple government entities. We cannot wait for international travel to become simpler thanks to the Travizory platform”.

(Press release / SK)

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