PANews on August 12 reported that, according to Tech Funding News, crypto travel platform Entravel has completed a $7.5 million fundraising round led jointly by Ethereal Ventures and Finality Capital, with participation from GSR, Varrock, G1 Ventures, Seier Capital, Veris Ventures, Funfair Ventures, and WTG Ventures.
Entravel provides travel booking systems for 40+ brands including Kraken and MetaMask, reaching 300 million users and achieving an average booking conversion rate of over 10%. Founded in 2026, the company operates three interconnected businesses: MocatravelX works directly with hotels to obtain room inventory and rates; RateStellar aggregates supply from other channels and uses AI to match hotels and room types from different providers, covering over 2.2 million hotels; Building on this, Entravel offers partners a white-label booking layer, enabling them to provide hotel booking services to users without having to build their own supplier network.
