Byway raised an oversubscribed £5.04 million ($6.4 million) in its Series A funding round.
Byway's year-on-year growth has been quantified as a 3x increase, with more than 4,200 trips sold to date1. This growth is attributed to the increasing popularity of slow and sustainable travel, as well as the company's AI-powered trip planner, JourneyAI, which allows for personalized and resilient travel planning2.
About 60% of Byway's package holidays are booked online, using the company's proprietary trip-designing software called JourneyAI. The remaining 40% of sales come through a human-powered concierge service where staff talk to prospective customers to design a trip that fits their needs.