TRAVELTECH.VC is a European venture capital firm created to rebuild and modernize the continent’s digital tourism value chain. Through its TT2 fund, the firm backs B2B and SaaS travel technology companies that improve how the tourism industry operates, manages data, and captures economic value. With operational bases in Spain, the Netherlands, and Italy, the fund positions itself as a strategic partner for travel industry stakeholders looking to strengthen Europe’s technological sovereignty.
TT2, the firm’s 50 million euro fund, is designed to scale up to 60 million euros and is already close to its target at first closing. The fund focuses on European companies building technology for hotels, airlines, mobility operators, destination managers, travel infrastructure providers, and other parts of the tourism value chain. TT2 avoids B2C models due to their heavy marketing costs and instead concentrates exclusively on B2B products with strong recurring revenue potential.
The fund is backed by a network of 85 industrial investors across 15 countries, including hotel chains, airlines, and technology groups. These partners provide real world environments for validation, testing, and commercial rollout. TT2’s mandate is to help Europe retain strategic control of its tourism economy, addressing the gap where most digital value in bookings is still captured by large online intermediaries. The fund prioritizes AI powered technologies that enhance automation, improve operational efficiency, and reduce fragmentation in the sector.
Leadership
The fund is led by Leonardo Saroni, a long time operator and investor in travel and digital platforms, supported by a network of industry partners and traveltech specialists across Europe.
Investment Strategy
TT2 backs founders building infrastructure and software that solve concrete pain points in the tourism sector. The fund seeks scalable B2B models with strong unit economics and a clear path to industry adoption.
TT2 focuses on teams with sector expertise and technology advantage, helping them pilot solutions with its network of hotels, airlines, and travel operators. The goal is to strengthen Europe’s digital capabilities and reduce reliance on foreign intermediaries.
Notable Investments
The fund is making its first portfolio selections as it approaches its initial close, focusing on early stage European traveltech companies developing AI automation systems, operational tools, and B2B SaaS platforms for the tourism supply chain.
Notable Exits
Not publicly disclosed.
Other
TT2 places strong emphasis on industrial validation. Access to its 85 investor partners can accelerate pilots, shorten sales cycles, and provide reference customers in a sector where adoption can be slow. The fund strongly favors teams with B2B discipline and avoids models dependent on high paid acquisition.
Spain
