WeTravel is a technology company founded in 2016 that provides an all-in-one platform designed to support multi-day and group travel businesses. Its platform digitizes and simplifies the travel booking, payment, and pre-departure management processes for travel operators, tour companies, and group travel organizers worldwide. The company’s mission is to streamline operations and help travel businesses grow revenue by offering integrated tools for itinerary creation, booking management, payment processing, and supplier payouts.
WeTravel was co-founded by Johannes Koeppel and Garib Mehdiyev, who initially developed the platform after identifying pain points in booking and payment processes while working with organizations like Doctors Without Borders and The Red Cross. Johannes Koeppel, initially CEO, transitioned to Chief Product Officer in 2023, while Ted Clements took over as CEO bringing extensive experience in fintech and B2B SaaS for travel businesses.
WeTravel completed a $27 million Series B funding round in October 2022, led by Left Lane Capital. This funding aimed to accelerate the development of travel fintech products and enhance the booking and administration system. As of late 2022, the company’s enterprise valuation was estimated between $108 million and $162 million.
eTravel’s product expansion has been significant. The company has consolidated various tools—such as direct booking, AI-enabled itineraries, and international payment processing—into its platform, becoming the first complete travel management system for multi-day group travel businesses.
AI-powered interactive itineraries for better customer engagement and sales conversion.
Expanded payment options including additional currency exchanges, local payment methods, and virtual WeTravel credit cards.
Automated pre-departure task management to streamline operations.
WeTravel emphasizes a customer-centric approach and continuous technological innovation to solve operational pain points in the travel industry. The company values improving client experience and operational efficiency for travel businesses. It has been certified as a Great Place to Work for two consecutive years, reflecting a positive internal culture focused on teamwork and excellence.
WeTravel serves thousands of travel businesses globally, including tour operators, travel agencies, student trip organizers, and wellness retreats. Its platform supports over 8,000 clients and facilitates bookings for millions of travelers annually. The user base spans multiple continents, including the Americas, Europe, and Africa, reflecting the platform’s global reach and adaptability to diverse payment and booking needs.
