# Travelshift: Leisure, Reykjavik, Iceland

> Travelshift: Travelshift is an Icelandic online travel agency and technology provider that specializes in AI-driven travel solutions for the leisure market.

Source: https://millionrounds.com/startup/travelshift (Millionrounds; every figure on the page links to its filing or article)

Iceland · [Leisure startup](https://millionrounds.com/companies)

# Travelshift

Travelshift is an Icelandic online travel agency and technology provider that specializes in AI-driven travel solutions for the leisure market.

Funding reported Last round: Undisclosed round

Leisure Reykjavik, Iceland

Company summary

- **Founded:** 2012 14 years old
- **Team:** 31 11 to 50 people
- **Funding reported:** 10M as listed, currency not stated
- **Last round:** Undisclosed round Aug 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Travelshift has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Travelshift

Travelshift is an Icelandic online travel agency and technology provider that specializes in AI-driven travel solutions for the leisure market.

Founded in 2012 and headquartered in Reykjavík, the company focuses on making travel planning easier and more enjoyable. Travelshift operates in both B2C and B2B segments, offering a range of services that include AI-powered travel planning, seamless booking experiences, and customizable marketplace solutions for businesses. The company provides individual travelers with AI-optimized itineraries and a one-checkout booking system for complex trips. For businesses, Travelshift enables the creation of online marketplaces, allowing partners to manage their own products and services. Their platforms, such as the Guide to Europe and Guide to Iceland, offer comprehensive travel packages and community-led tourist information. With a dedicated team and significant funding, Travelshift is committed to enhancing the travel experience through innovative technology.

## What company datasets say Travelshift raised

Funding, as reported

Reported in all **10M** in the source's currency

Rounds **1**

Last round **Undisclosed round**

Last round size **10M**

Last round date **Aug 2023**

Investors listed **1**

## Founders and team

From Travelshift's own website: 1 founder, 4 on the team.

**Ingi Shahin** Co-founder & Inventor

- **Jakob Ásmundsson** CFO
- **Sigurður Guðbrandsson** CTO
- **Ólafur Óli Ólafsson** COO
- **Sverrir Rolf Sander** Head of Development

## The company, in detail

What they build

Known for

booking engine marketplace software consumers accommodation live availability marketing travel experience platform distribution enterprises end-to-end travel solution performance reporting travel services information technology & services user-generated content logistics & supply chain travel content blogging personalized travel experiences

Built with from their website

WordPress.org PWA Apache Google Workspace Viewport Meta WP Engine X (Twitter) Google Cloud Hosting Google Meet MySQL

+8 more

mobile-detect.js Nuxtjs Mobile Friendly Open Graph Twitter Widgets Anthropic Claude Facebook Pixel Apple iOS

- **Sector:** Leisure
- **Industry code:** NAICS 54151, 51321, SIC 7375, 7372
- **Region:** Capital Region
- **Revenue:** 4.5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/travelshift)

## Leisure in Iceland

Startups like it

- [**Guide to Iceland** Reykjavik · founded 2012](https://millionrounds.com/startup/guide-to-iceland)

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