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Technology

Sustainable travel platform Goodwings gains $1.5m in new funding

By Rob Gill / 21 August 2023 / Contact Reporter

Sustainable travel platform Goodwings gains $1.5m in new funding

Travel management platform Goodwings has secured another $1.5 million in funding from investors to help grow its sustainability-focused products.

The Denmark-based technology company bills itself as a ��climate-focused�� SaaS (software as a service) platform, which helps organisations to reduce their emissions from business travel ��in line with net zero goals��.

Goodwings�� late seed�� funding includes new investments from Dutch ��clean economy�� fund Global Cleantech Capital and JTB USA, which is a subsidiary of Japan-based global travel agency JTB Corporation.

The company, which was set up in 2015 and is a B Corp certified company, allows corporates to book all their travel within a single platform.?

Goodwings then uses its booking revenue to reduce clients�� Scope 3 travel emissions by buying sustainable aviation fuel (SAF) and carbon offsets. It also provides clients with emissions calculations, reductions and data for ESG reporting purposes.

Founder and CEO Christian M?ller-Holst said: ��The investment and strategic partnership with JTB USA presents a huge growth opportunity for Goodwings. The market is primed for solutions like ours and we're excited to see what the collaboration between our two businesses can deliver.��

The Goodwings platform provides content from GDS, APIs and NDC-based platforms for flights, as well as from GDS and global OTAs Booking.com and Expedia for accommodation. While rail content comes from Trainline and operators such as Germany��s Deutsche Bahn and Amtrak in the US, with plans to increase ��these platforms over time��.

Geert de Boo, VP of global business travel at JTB USA, added: ��There��s a seismic shift taking place across the travel sector. With sustainability now dominating the corporate agenda, it will be businesses that lead from the front that will reap the benefits.��

Goodwings said it had already seen a ��huge increase in subscriptions�� from clients over the past 12 months as businesses prepare for new legislation and seek to reduce their carbon footprint.

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