Travaxy CEO and Founder Lioz Amar said: “Planning all elements of a trip to be accessible is very difficult and complicated. There is great frustration and disappointment when the lack of accessibility exceeds your expectations.”
Amar became a paraplegic after being injured during his military service in 2001. Travaxy was founded by him in 2018 as a way to standardize the travel process for people with disabilities. To date, the company is funded by Mediterranean Towers Ventures and angel investors.
“Travaxy provides unique global standardization and customized services that enable travel vendors to provide the appropriate services to support the disability needs of their specific customers and ensure that assisted travelers can find and book all travel arrangements. distribution,” he added.
company name: Travaxy Accessible Travel Solutions
sector: mobility, healthcare
Product/Service Description:
Travaxy is a B2B technology company that helps travel providers serve senior citizens and travelers with disabilities equally. Travaxy creates a unique global standardization and customized distribution (think Hotelbeds for TripAdvisor). This enables travel sellers to provide appropriate services to support the disability needs of specific customers and ensures that assisted travelers can find and book all travel arrangements.
A high-level overview includes:
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We have signed contracts with airlines, tour operators and a global travel agency chain with 500 branches (more branches are on the waiting list).
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Fully functional API and SaaS platform
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Helping dozens of travelers with 100% travel satisfaction
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UNWTO – Winner of the Sustainable Development Goals (SDG) for Reducing Inequality
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Microsoft AI for Good Accelerator Graduate – Earn $120,000 in Server Hosting and AI Support
Rioz Amar: Accessibility travel expert. He is the CEO and Founder of Travaxy, an accessible travel solution. During his years as a disabled person who wanted to travel the world like everyone else, he ran into multiple barriers that he could have avoided. was born (soft launch in mid-2019). The team has helped build unique, easy-to-use automated B2B solutions for travel providers that turn them into accessibility experts, enabling them to better serve the world’s largest and fastest growing minority. have started.
“I am 42 years old, married to Natalie and the proud father of 6-year-old Amit. It included command, rookie mentoring, and field duty.During rehab in the pool, I learned to function with my injuries. I loved the feeling in. Since then I felt free and never stopped swimming.A few months later I was 1st in the Israeli championship in my category and 2nd in the German championship. I was accepted into the Olympic team and represented Israel at the Beijing Paralympics in 2008, ranked among the top 8 in the world.On my way to Beijing, I worked as a swimming instructor and coach at the Wingate Institute for Physical Education and Sports. I received a diploma from
Elad Leibovich: Senior Travel Tech Executive with extensive experience managing cross-functional teams and projects in a dynamic environment. He has worked in various travel companies including hotels, travel wholesalers, travel agency consortiums, global GDSs, market leading BI companies and co-founded a travel tech startup.
Michal Benasayag: Co-founder of Travaxy, an accessible travel solution. His work experience includes his B2C field as Regional Manager for Israel’s largest travel agency, Issta. During that time, he managed his 24 branches, oversaw over 100 employees, and managed an annual sales cycle of over $100 million. After Issta he worked for Amadeus Israel. Amadeus is one of the largest travel companies in the world and Amadeus is well known for his Israeli branch innovations locally and globally.
“I was responsible for operations including helpdesk support and local market training. because I understood that I might be completely ignoring one of the
Last investment round: $100,000
Final investment stage: seed
Last investment date: November 2022
Total investment so far: $570,000
Investors (major and all): Mediterranean Towers Ventures and Angels
Current number of employees: 6
Open positions: next year
The idea was born out of my personal experience and pain, the problems I encountered traveling around the world over the years as a disabled person.
Planning all the elements of a trip to make it accessible is very difficult and complicated. There is great frustration and disappointment when the lack of accessibility exceeds your expectations.
What is your product need?
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Travel agency/OTA I am not an accessibility expert. We cannot define the type of disability or specific customer needs.
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No standardization Nor is it a single source of truth. Lack of data is the main problem (ADA/ISO limited information).
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hotel does not understand It is neither a specific need nor a business opportunity for this market segment. Exposure to bad reviews, bad publicity, and lawsuits.
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Data delivery is a broken chainhotel-airline-transport-airport technology remains in the 90s.
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Airline/Ground Handling Team Not sure what to expect – causing inefficiency in the team and discomfort for travelers
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Transportation and attractions: Hotels struggle to serve customers with accurate information and reservations
How are markets changing?
Travaxy is a B2B technology company that helps travel providers serve senior citizens and travelers with disabilities equally. Travaxy provides unique global standardized and customized solutions that enable travel merchants to provide the right services to support their specific customer’s disability needs and assisted travelers to reliably find and book all travel arrangements. forming a distribution.
What is the market size of your product and what are your main customers?
Elderly travelers needing assistance and 1.2 billion people with disabilities, the world’s largest and fastest growing minority, live in developed countries with 650 million.
Before the Covid pandemic hit in 2019, the market was valued at $70 billion annually in the US and Europe alone.
Does the product already exist? If not, what stage is it in and when is it expected to hit the market?
Yes, the product already exists.
Through APIs and SaaS solutions, Travaxy automatically turns travel providers into accessibility experts without prior knowledge.
Travaxy enables online or offline travel providers to become accessibility experts in seconds thanks to our proprietary technology.
Travaxy’s API/SaaS solutions enable offline/online travel providers to provide worry-free vacations, airline accessibility notifications, and accommodations provided according to specific disability types/needs for a few hours or In some cases, you can automatically book in seconds instead of days.
Who are the main competitors in this space and how big are they?
Its main competitors are Handiscover and WheelTheWorld, not direct competitors. These are B2C and B2B2C, and they serve mobility impairments only.
Travaxy is the only pure B2B solution in the Traveltech market, offering over 90 accessibility parameters for multiple disabilities including power wheelchairs, manual wheelchairs, general mobility options for seniors, and hearing/visual disability assistance. It’s the only solution that corresponds to the type.
What added value does the founder bring to the company and product?
The Travaxy team of Lioz, Michael, Nir, Elad and Raizy bring knowledge and experience related to the company’s products.
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Former Paralympic swimmer with over 20 years of experience in accessible travel and project management.
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Former Saber/Fornova business development expert (corporate and former travel startup co-founder) with 15+ years of experience in global travel technology companies
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Former Amadeus/Ista Director of Marketing and Operations with over 25 years of experience in the travel industry
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Entrepreneur with over 20 years of experience in all stages of entrepreneurship, from early stage to corporate finance, design and development.
What will the money earned in the round be used for?
Funds from this round will be used for:
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R&D – More exciting and technical ML solutions that automate more processes.
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Collaborate and connect customers on the waiting list.
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Scale data to tens of thousands of properties
