Amadeus leads seed round of RTM software provider Betterez
Betterez Inc, a Toronto reservations and ticketing management platform, has raised an undisclosed seed financing. The round was led by Amadeus Ventures, the venture fund of Spanish travel and tourism technology company Amadeus IT Group. Donald Carty, former chairman and CEO of American Airlines Inc, also invested. Founded in 2011 by CEO Tal Shalit, Betterez said the number of travel and tour companies using its software more than doubled in 2016, while processed volume grew over 400 percent. It plans to use the funds raised to build out sales, distribution, operations and back-office features and capabilities.
10 March 2017•3 mins read
