Mindtrip Raises Multi-Million Dollar Funding to Expand AI-Powered Travel Planning Platform
Mindtrip, the San Francisco-based AI-powered travel planning startup founded in 2023, has steadily expanded its funding base and investor roster as it builds a generative AI platform that helps travelers discover, plan, and book personalized trips in a single place. Since raising its first institutional capital, the company has broadened both product capabilities and strategic support, reflecting growing confidence among venture and corporate investors in the future of AI-driven travel technology.
Mindtrip first made headlines in September 2023 when it closed a $7 million seed funding round led by Costanoa Ventures, a Silicon Valley venture capital firm focused on early-stage technology companies. That initial capital enabled the company to begin building its AI-native travel assistant designed to streamline the traditionally fragmented travel planning process into one conversational interface. Founded by serial entrepreneurs including CEO Andy Moss and co-founders such as Trey Matteson, Mindtrip’s platform leverages large language models and real-time data to let users ask natural language questions about flights, hotels, restaurants, events, and more, delivering actionable itineraries and recommendations.
Following the seed round and a public beta launch in 2024, Mindtrip continued to attract investor interest, securing approximately $12 million in additional funding in late 2024. That round brought Forerunner Ventures into the cap table alongside continued support from Costanoa, with the proceeds earmarked to scale operations and enhance collaborative trip planning features that help groups coordinate travel together.
As Mindtrip’s user base and product footprint grew, the company also began attracting strategic corporate venture investment from travel and financial partners. In 2025, Mindtrip announced new investments from Capital One Ventures and United Airlines Ventures, signifying confidence not only in Mindtrip’s consumer platform but also in its expanding suite of tools for hospitality and enterprise partners. These strategic investors joined a growing roster that includes Amex Ventures, Costanoa, and Forerunner Ventures, collectively backing Mindtrip’s vision to redefine travel discovery and engagement for both leisure and professional audiences.
The backing from corporate venture arms of major travel and financial institutions highlights Mindtrip’s evolution beyond a pure consumer app toward products that help hotels, destinations, and tourism organizations engage travelers more effectively, automate routine inquiries, and personalize experiences around local attractions, dining, and events. As part of this broader push, Mindtrip introduced products such as “Mindtrip for Hotels,” a suite that enables properties to turn inspirational content into tailored trip plans that guests can explore before arrival or during their stays.
In addition to expanding its investor base, Mindtrip has steadily enhanced its platform’s capabilities, including tools that let users build itineraries from inspiration sources across the internet, integrate trip planning with social media content, and discover local events and experiences to enrich travel itineraries. With a knowledge base of millions of points of interest and insights drawn from thousands of local guides, the platform has grown both in depth and breadth since its 2023 founding, expanding from basic AI trip suggestions into a dynamic planner that adapts to real-time traveler needs.
Today, Mindtrip’s funding story spans multiple stages of growth, from its initial seed support by Costanoa Ventures to subsequent investment from Forerunner Ventures and strategic capital from Capital One Ventures and United Airlines Ventures. This mix of backers underscores investor belief in AI’s potential to transform travel planning and hospitality engagement, as well as Mindtrip’s ability to execute on its ambitious vision.
As travel continues to rebound and consumers demand more seamless, intelligent planning tools, Mindtrip’s funding progress and expanding partner ecosystem aim to position the company as a central hub for AI-driven travel experiences, serving both individual explorers and enterprise clients seeking personalized, automated engagement throughout the travel lifecycle.
