United States · Series B startup

Who invested in TravelBank

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summaryUpdated 26 Oct 2026

$35Mraised across 2 rounds since 2016, from 2 sources

$10MSeries A$25MSeries B
Latest round
Series B, $25MAug 2017
Step-upi
2.5×
Investors
5 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017
$10MSeries A$25MSeries B
First round
Series A, $10M
Oct 2016
Biggest round
$25M
Series B · Aug 2017
Between rounds
10 months
from the last two

The rounds

  1. Aug 2017
    Series B$25M4 new1 returning

    Reported by FinSMEs

  2. Oct 2016
    Series A$10M1 new

    Reported by TechCrunch

Founders and team

From TravelBank's own website: 1 founder, 5 on the team.

Duke ChungCo-Founder And CEO
  • Daniel DuffyChief Revenue Officer
  • Jason CruzChief Technology Officer
  • Lloyd HsiehChief Financial Officer
  • Connor LawrenceHead Of Partnerships
  • Iris YenHead Of Business Operations

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2016Series B2017New Enterprise AssociatesLAccelSVB CapitalDHVCDCM Ventures/ Propel

Everyone who backed them

New Enterprise AssociatesVC firm2rounds, led 1
AccelVC firm1round
SVB CapitalVC firm1round
DHVCVC firm1round
DCM Ventures/ Propelno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list TravelBank as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Propel Venture PartnersVC firmPer its own site
Dreamers VCVC firmPer its own site
AkatsukiVC firmPer its own site
Cal SimmonsAngel2019, per its site

Quick answers about TravelBank

Who invested in TravelBank?

TravelBank's investors include New Enterprise Associates, Accel, SVB Capital, DHVC and DCM Ventures/ Propel.

How much has TravelBank raised?

TravelBank has raised $35M across 2 rounds since 2016.

When did TravelBank last raise?

TravelBank's most recent round was a Series B of $25M in Aug 2017.

What was TravelBank's biggest round?

Its most recent round, $25M in Aug 2017, is also its largest on record.

Who backed TravelBank first?

TravelBank's first round on record, in Oct 2016, was backed by New Enterprise Associates.

What stage is TravelBank at?

TravelBank's latest named round is a Series B, in Aug 2017.

Where is TravelBank based?

TravelBank is based in the United States.

Who led TravelBank's rounds?

New Enterprise Associates led the Series A in 2016.

Companies like TravelBank

In the same sector, and raised in the last eighteen months.

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