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Dubai-Based Tumodo Raises $35M In Pre-Seed Funding

2 Mins read

Established in 2023, Tumodo stands out as an innovative online business travel platform, catering specifically to the B2B (business-to-business) segment. The platform leverages a combination of data science and personalized services to deliver an unparalleled travel experience for businesses and their employees. Currently serving over 100 businesses in the MENA region, Tumodo has forged connections with major distribution channels and global hotel chains, collaborating with an extensive network of 400 airlines worldwide.

One of Tumodo’s distinguishing features is its vast accommodation options, providing customers with access to over 2 million choices. The platform’s technology is designed for seamless integration into companies’ HR systems, streamlining internal processes and making it more efficient for businesses to manage their travel-related activities.

The Dubai-based travel platform provider Tumodo has successfully secured $35 million in Pre-Seed funding, marking a significant milestone for the company. This funding round was co-led by investors with a focus on the MENA (Middle East and North Africa) region.

The infusion of capital is earmarked for several strategic initiatives aimed at reinforcing Tumodo’s position in the UAE market. The company plans to allocate funds towards the continued development of its products, bolstering its presence in the MENA market, and exploring new partnership opportunities.

The successful funding round underscores the confidence investors have in Tumodo’s vision and its unique approach to enhancing business travel experiences. With the additional financial resources, Tumodo is well-positioned to scale its operations and bring further innovation to the travel tech industry.

As Tumodo embarks on the next phase of its journey, the focus on product development is expected to yield enhanced features and capabilities for its users. Strengthening its foothold in the UAE market aligns with the company’s commitment to providing tailored and efficient travel solutions in the region.

Furthermore, the exploration of new partnership opportunities within the MENA market signals Tumodo’s intent to expand its network and collaborate with key players in the travel and hospitality ecosystem. This strategic approach aligns with the company’s goal of offering comprehensive and seamless travel services to businesses across the region.

In conclusion, Tumodo’s successful Pre-Seed funding round positions the company for accelerated growth and innovation in the dynamic landscape of business travel. With a robust foundation in place, Tumodo is poised to not only enhance its presence in the UAE market but also to make significant contributions to shaping the future of B2B travel platforms in the broader MENA region. As the company continues to evolve, businesses can anticipate a more streamlined and sophisticated approach to managing their travel needs through Tumodo’s cutting-edge solutions.

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We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
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