dcs plus, a leading travel technology company welcomes Credo Ventures – a venture capital company focused on investments in Central and Eastern Europe – as a new investor in the company.
Credo Ventures joins previous investor Earlybird Venture Capital – the European based venture capital firm which initially invested in dcs plus in 2015 – increasing the total amount invested so far to 6.2 million USD.
“Travel tech category has experienced massive growth over the past few years, reflecting the fact that travel and tourism industry makes up to 10% of global GDP and accounts for nearly as many jobs.
Surprisingly the sector is extremely fragmented, and inefficient from the customer’s point of view. We strongly believe that dcs plus has developed a very strong suite of products for travel industry, and has the potential to not only become a leading provider of travel software, but also make the market more efficient and transparent for the travelers.”, said Ondrej Bartos, partner with Credo Ventures.
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