Korea

Myrealtrip of Korea Secures $56M in New Funding Amidst Travel Resurgence

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Korea’s Myrealtrip cashes in on travel rebound with $56M in new fundingMyrealtrip is the latest travel tech company to ride a growing post-pandemic tourism industry. “The travel industry was fragmented 12 years ago in South Korea, and there was no platform that provided travel information,” CEO of Myrealtrip Donggun Lee said in an exclusive interview with TechCrunch. Myrealtrip acquired Startrip in 2022 to capture the number of foreign tourists visiting South Korea post-pandemic. This travel platform lets users discover and book Korean-pop (K-pop) themed spots, including popular boy band BTS music video filming locations. Myrealtrip also invested in IwaTrip, a Korean travel platform that helps users find available spots to travel with kids, and O-Peace, a co-working and co-living space platform designed for digital nomads workers.