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McKinsey & CompanyAnalysis

45%

10%2023

Share of travel venture funding going to AI-enabled startups

Where is travel technology investment going?

45% of travel venture capital funding went to AI-enabled startups in the first half of 2025, up from about 10% in 2023.

For comparisonFirst half of 2025 · Global
Share of travel venture funding going to AI-enabled startups · Global45%
202310%

35 points apart

McKinsey & Company

Capital allocation is a leading indicator of what the distribution layer will look like in three years. Nearly half of new travel technology funding is now going to companies whose premise is AI.

Source

McKinsey & CompanyConsultancy
Open the original documentopens the original document on the publisher's site
Reference period
Geography
Global
Evidence type
Analysis
Sample
Skift venture capital tracking of travel-industry funding
For comparison
2023: 10%
Last checked

Method

Skift venture capital tracking, reported in Remapping travel with agentic AI (McKinsey with Skift, September 2025). Share of disclosed travel-industry venture funding.

Method →

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