More news about Nezasa AG

Nezasa raises CHF 2.5 million in a series A round

17.12.2018 17:20
Travelling

Nezasa, a travel technology startup from Zurich has closed a series A financing round of CHF 2.5 million led by Credit Suisse. The funds will be used to accelerate sales, marketing and the execution of product roadmap.

Nezasa helps tour operators and travel retailers to automate the offering, customisation and booking of their trips. The booking platform gives consumers and travel agents a smooth online experience, allowing them to plan, personalise and book any type of trips within a few minutes. Using the Nezasa system, the tour operator efficiently attracts more clients while reducing the cost to serve them at the same time.

Today, more than 12’000 travel agents have access to the Nezasa Platform. Clients include FTI Touristik, Viamonda, Fineway, Berge & Meer, vtours and Swiss Travel Centre.

“Nezasa’s offering is well-timed with the rapidly increasing demand for more individualisation in the global travel market. Consumers are looking more and more for highly personalised travel plans that cover all their travel needs from accommodation, transportation to local experiences. Our technology allows them to immediately understand how the entire travel plan is affected if they modify one travel component or if they extend the stay in a destination. The improved transparency during the planning process helps our clients to convert more lookers into bookers”, says Manuel Hilty, Nezasa’s co-founder and CEO.

The startup has today announced the receipt of CHF 2.5 million
led by SVC Ltd. for Risk Capital for SMEs, an investment vehicle of Credit Suisse in Switzerland. Additional funds come from existing shareholders, such as Howzat Partners, Alpana Ventures, Reinhart Capital and InvestiereNezasa will use the funds to further invest in its product and to expand its marketing and sales capabilities to tap into international markets.

Didier Denat, Chairman of SVC Ltd. and Head of Corporate & Investment Banking at Credit Suisse (Switzerland) Ltd. said, “At a time when digitalisation is changing consumer behaviour across industries, technology and seamless end-to-end processes are becoming increasingly important for businesses. Nezasa’s unique platform enables the travel industry to take customer experience to new heights. We have full confidence in the company’s strategy and management team, and we are sure that it will successfully service its target market while substantially growing its business.”

(Press release/RAN)

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