Biztribution

company

About

Biztribution is building a blockchain solution where the tourism and transportation ecosystem.

Details

Last Funding Type
Seed
Last Funding Money Raised
$55K
Industries
Air Transportation,Blockchain,Information Technology,Software,Travel
Founded date
Jan 1, 2018
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Business Distribution Blockchain Solutions Sociedad Limitada.
Also Known As
Biztribution

Biztribution is a deep-tech game changer aimed at disrupting the current airline distribution market. It is a blockchain-based, fully decentralized distribution model for the air travel industry. We reinvent air distribution by avoiding overheads and intermediary costs and allowing more efficient operations in a collaborative, neutral, ecosystem-shared approach. According to the EU commissioner for Competition, ticket distribution costs are artificially high due to the GDS oligopoly, ultimately raising ticket prices for travelers. With biztribution, we reduce the total distribution costs.It enables a shared, community and collaborative model, in which all actors can provide and access content across a distributed blockchain network, through a push model that simplifies and minimises information flows, resulting in benefits that percolate to the whole industry.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$55K €250K
Biztribution has raised a total of $55K €250K in funding over 2 rounds. Their latest funding was raised on Dec 2, 2020 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 2, 2020 Grant €250K Detail
Jun 1, 2020 Seed $55K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Biztribution is funded by 1 investors. European Commission are the most recent investors.
Investor Name Lead Investor Funding Round
European Commission Seed

Employee Profiles

Number of Employee Profiles
2
Biztribution has 2 current employee profiles, including Executive Mario Ponticelli