Queensland Investment led a $10m Series B funding round in Travello.

Queensland Investment, a government owned investment company, led a $10m Series B funding round in Travello, an online travel brand, with participation from Paspalis Innovation Investment Fund. “It’s a really immature market and that’s what presents such a great opportunity. For context, around 75 per cent of flights and accommodation are booked online, but only 25 per cent of tours and activities. That’s a very exciting growth opportunity,” Ryan Hanly, Travello Co-Founder and CEO.