UK-based investor backs Travizory Border Security SA

Founded in 2019 by Renaud Irminger, a seasoned Business Executive with over 25 years in travel and border security initiatives, Travizory Border Security SA is a pioneer in digitizing border control, with solutions designed to enable secure travel without the need for physical passports. The company offers a Visitor Management Platform, and market-leading facial biometric electronic Travel Authorisation, eVisa and API-PNR systems, which equip Governments with digital tools needed to modernize and enhance security at the border while sharply reducing wait times for travellers. Travizory's self-financed portfolio is strategically positioned to meet the growing demand for biometric solutions in border control. It aligns with global initiatives such as the UK's recent announcement of a facial biometric eGates trial.

The Government of Seychelles has been utilising Travizory's comprehensive modular border security portfolio since 2020. The implementation of electronic Travel Authorization, Advance Passenger Information systems, and facial biometrics at Seychelles Airport resulted in an 84% reduction in passenger processing times. The introduction of a biometric corridor, capable of processing over 30 passengers per minute upon entry, resulted in Seychelles International Airport's attainment of Level 1 ACI Accreditation for the first time in its history.

The startup has concluded an undisclosed financing round with contributions from prominent investors, including UK-based venture capital firm BACKED, known for its "human-centric" approach to investment. This round represents a fivefold increase in company valuation compared to the previous round.

Andre de Haes, co-founder and Managing Director of BACKED, lauded Travizory's software platform, praising its capacity to enhance border security while minimizing disruptions: “Travizory’s bold vision coupled with the expertise of its team has created a unique platform that has the potential to be transformational for international travel. The interest from potential customers is impressive and we are confident that Travizory will significantly expand its global presence in the coming year”.

According to the startup, this funding represents a pivotal moment in its trajectory, coinciding with the launch of multiple new partnerships slated for Q1 2024. With successful implementations across East Africa, the Indian Ocean, Asia-Pacific, and South America, Travizory intends to leverage this investment to scale its border security platforms and expand its global footprint.

"We are honoured to have the support of an esteemed group of investors, some of whom have been long-term partners since our inception in 2019," said Renaud Irminger, co-founder and CEO of Travizory Border Security. "The addition of BACKED to this group is particularly exciting, and we eagerly anticipate collaborating with Andre and the team. Travizory is unwavering in its commitment to a singular objective: eliminating queues and paper-based processes at border crossings while exponentially enhancing security for our government partners."

(Press release/RAN)