August 12, 2022

AN ICELANDIC engineering service provider has secured a significant financial investment from a Scottish equity agency.

Dohop has elevated an undisclosed multi-million Euro abide by-on investment decision from Scottish Equity Partners (SEP).

Dohop is hoping the financial commitment will enable to even more speed up growth and develop its digital interlining offering, letting airlines and scheduled transportation companies to provide complicated itineraries with no the need for codesharing. 

Considering that SEP’s original investment in November 2020, Dohop has expanded its network of lover airways by 25+ carriers throughout 5 continents, resulting in a network of additional than 50 carriers globally, including AirTransat and easyJet.

Andrew Davidson, Director of SEP
Andrew Davidson, Director of SEP, claims the agency is “delighted” to deliver Dohop with further more funding.

The original investment decision also enabled Dohop to mature its team by 31% in ten nations, such as Germany, the United Kingdom, France, and Iceland. 

With this new investment decision, Dohop aims to hire extra global expertise and expand its progress abilities to deal with the need from airways who are looking to improve their networks and produce new connections.

The market is seemingly now turning to extra agile technological innovation methods in get to offer passengers a lot more selection and advantage when traveling. 

Dohop says it also intends to go on broadening its husband or wife airline ecosystem and improving upon journey connectivity via its virtual interlining alternatives.

The journey business is showing favourable signs of restoration and Dohop suggests it has presently witnessed a substantial increase in profits in 2022, and expects even more development forward.

David Gunnarsson, CEO of Dohop, mentioned: “Our technology enables partnerships involving airlines and features passengers additional destinations and travel customisation.

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“With the assistance of SEP, our airline ecosystem has grown substantially, and we will keep on to link the world’s leading airways, airports, and scheduled transportation suppliers throughout the globe.

“We are delighted to have SEP’s ongoing support in our mission to revolutionise journey connectivity.”

Andrew Davidson, Director at SEP, commented: “With the easing of world wide travel limitations, airlines are keen to grow their networks and distribution capabilities, and we are delighted to provide Dohop, the leading supplier of interlining know-how, with more funding to address a 4 billion yearly passenger sector.”