Dutch tech entrepreneurs extend growth capital to Transferz, to make carefree door-to-door travel a reality
Amsterdam, September 16 2021 – Some 20 leading entrepreneurs in the travel, tech and finance world have invested several million euros, plus expertise and experience, in taxi scale-up Transferz via a convertible loan. The loan will enable Transferz to accelerate its global growth as it becomes the B2B market place in ground transportation, covering the first and last miles of a journey by air. The investors firmly believe in the door-to-door concept offered by Transferz, which allows clients to travel with complete peace of mind. They include former finance minister and entrepreneur Jan Kees de Jager and key people from global payment service provider Adyen. Their input will help the fast-growing scale-up to accelerate the development of its platform technology and increase global team capacity.
Transferz gives travellers the option of ordering a taxi to and from the airport when they book their journey via a partner travel agency. Travel firms such as Booking.com and Expedia already work with Transferz and the system allows them to add measurable value (such as customer satisfaction and higher ancillary sales) to their client relationships by offering a reliable taxi service for a fair price. Over the past few months, Transferz has developed a platform which brings together all the operational steps in the process, allowing business partners to incorporate their own systems instantly and seamlessly. Transferz is working on expanding and improving the platform based on the experience of all its users, from travellers to taxi drivers. By constantly improving the platform, Transferz enables travel organisations to offer their customers a stress-free journey, with the most up to date and relevant information about their pre-booked transfer at their fingertips. The Transferz network now covers 1,500 airports in over 150 countries.
“I would like to thank all the investors for their confidence in us and I am glad that we will be able to grow our global team more quickly, thanks to this financing round. In addition, it is a privilege to be able to enrich our team with proven, enthusiastic entrepreneurship and valuable industry experience. This impulse will allow us to help more travellers enjoy a carefree door-to-door journey and help turn our vision – giving travellers peace of mind – into a reality. The capital injection and additional expertise are good news for all the travel brands and the transfer partners we work with, and will enable them to serve their clients more completely via an increasing number of airports.”
Transferz CEO Johan van Vulpen
Former Dutch finance minister Jan Kees de Jager is one of the entrepreneurs who has invested in Transferz.
“Developing technology which allows travel companies to offer a one-stop shop solution and so strengthen their relationships with clients is an extremely strong business model. I would describe the Transferz service as the missing link in a smooth end-to-end travel experience. With Transferz’s global ambitions and the experience of the founding management team, I believe this is a recipe for success.”
Dutch finance minister Jan Kees de Jager
Transferz will use the extra financial support to develop its platform technology, extend its international team with developers and account managers and to speed up the integration of new partners into the Transferz platform. Further details about the financing round have not been disclosed.
Transferz aims to deliver carefree door-to-door travel and to help its business travel partners improve their services to customers. Transferz has made a deliberate choice to make travellers, partners and sustainability key parts of its strategy. Local partners are offered fair prices – FARE=FAIR – to avoid the race to the bottom which operates in some countries. Drivers and partner companies are given full transparency about the tariffs and are paid directly on a weekly basis. In addition, Transferz is working to stimulate the use of electric cars and has a concrete strategy to ensure the safety of female passengers.
Transferz was launched in 2020 by the team behind the successful greetings cards company Greetz (sold to Moonpig Group, GBX: MOON): Johan van Vulpen, Simen Schimmel and Jan van der Veen. Transferz, and its subsidiaries Taxi2Airport and TaxiTender, aims to be the leading provider of transport to and from airports worldwide within a few years.