In keeping with its mission of establishing long-term economic development in the State of Nebraska through software companies, Nebraska Global is pleased to announce its investment in group travel planner Travefy.
Travefy remedies the challenges of group travel planning. Through Travefy, a user can invite friends to travel, poll dates and locations, collaborate on details, book hotels, and manage expenses.
“Group travel can be complicated and at times completely frustrating,” said David Chait, co-founder and CEO of Travefy. “With Travefy, we’ve built a solution that addresses the pain points of group travel on one simple and appealing platform.”
The beta version of Travefy’s expense management tool was recently released and allows trip participants to track and settle group expenses. Upon completion of a trip, Travefy will send all trip participants who owe money a simple balance for payment – those who are owed funds are then paid back in real time. This tool was built in partnership with SlidePay, and a mobile companion is due in Fall 2013.
Nebraska Global’s investment will help support the scaling and commercialization of Travefy’s group traveling platform.
“David and Chris epitomize what we like to see in a founder group, bolstered by David moving from New York to Nebraska to make Travefy a reality. We look forward to seeing their continued progression of Travefy,” said Patrick Smith, co-founder and COO of Nebraska Global.
The Travefy team is located in the Nebraska Global offices in Lincoln’s Historic Haymarket District.
Learn more at www.travefy.com.
