Rebound Travel
Service: travel refund SaaS
Location: U.S.
CEO: Tobias Wessels
Rebound Travel is a refund management platform created to
address issues that have surfaced during the pandemic.
Through Rebound,
airlines give customers a choice between a cash refund and non-cash offers like
vouchers, status miles or free flight segments. Rebound provides
intelligence so airlines offer the optimal offer type, thus enabling them to
retain cash.
Goals for 2021
Rebound
is the first Cash Retention Platform in the Travel space. Our goal is to serve four
new airlines each month and allow our partners to retain $ 100 million in
cash that would have normally left the company.
Cash outflows for companies
extend well beyond paying for refunds and Rebound will take advantage of this
opportunity by expanding from airlines into hospitality and soon after into
retail.
- Founded: 2020
- Team size: 8
- Funds raised: $300,000
- Website: Rebound Travel
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