Open World Accelerator - aVenture Asset Manager Research
Location
Bellevue, WA, US
Founded
2022
Open World Accelerator focuses on advancing innovation in the travel industry by supporting startups and small and medium businesses (SMBs). The initiative provides grants to early-stage companies, typically in the range of $20,000 per investment. The accelerator aims to fast-track the growth of these companies through access to Expedia Group's products and expertise, helping them build solutions that remove barriers within the travel sector.
Notable portfolio companies include Becoming Rentable, GeoSure, iAccess Innovations, misterb&b, and Wheel the World, each having raised $20,000 through the program. The accelerator is spearheaded by Expedia Group, leveraging its extensive industry knowledge and resources to offer unique value-add services such as mentorship, strategic guidance, and integration with Expedia's platforms. This approach ensures that participating startups receive comprehensive support to innovate and thrive in the competitive travel industry.
Open World Accelerator - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages