Triply Secures $500,000 Investment Fund from Y Combinator

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Kenyan travel tech startup Triply.co has secured a significant investment of $500,000 (Sh65.8 million) from Y Combinator, a prestigious startup accelerator program. This funding marks a major milestone for Triply, propelling them to become Y Combinator's first-ever travel tech investment in Africa.

Founded in 2021 by Peter Wachira and Collins Muthinja, Triply.co offers a comprehensive suite of solutions for various travel stakeholders. Tour operators, transportation providers, accommodation providers, and experience providers can all benefit from Triply's services.

The startup streamlines business operations for travel businesses by providing tools for payment collection and automation. Additionally, Triply offers a marketplace where businesses can advertise their services directly to travelers. Travelers, on the other hand, can leverage Triply's platform to discover and book a variety of travel experiences online.

This investment will empower Triply.co to develop new travel technology products and expand their operations within Kenya and potentially across Africa. The additional capital will also allow them to forge strategic partnerships with other players in the travel industry.

"This investment not only cements our position as the go-to solution for businesses and travelers but it also allows us to build solutions that Kenyan and African markets really need," said Peter Wachira, Triply's Chief Operating Officer.

The funding from Y Combinator validates Triply.co's position as a leading travel tech solution in Kenya. This prestigious accelerator program, known as the "Harvard for startups," boasts a highly selective acceptance rate of only 1%. Joining the ranks of Y Combinator alumni, which includes notable companies like Airbnb, Dropbox, and Reddit, brings Triply.co increased recognition and credibility.

With Y Combinator's backing and additional capital, Triply.co is well-positioned to revolutionize the Kenyan travel industry by offering innovative solutions that enhance the experience for both travel businesses and travelers.

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