Thayer Ventures invests in technology companies that focus on the travel and hospitality industry. This industry, which represents over $10 trillion in annual global economic activity, is thriving with entrepreneurial activity due to the disruption within the sector which began over a decade ago. Travel and hospitality suppliers are dealing with massive shifts in travel planning, organizing, and booking driven by the internet and social media platforms. As a result, the travel and hospitality industries are being forced to rapidly deploy new technologies to exploit the opportunities created by this shifting consumer behavior. The combination of these factors has created a unique environment for innovative technology providers to make significant inroads into this massive, growing, and evolving marketplace. Thayer’s objective is to provide portfolio companies with unequaled counsel, strategic insights, and industry connections that drive significant revenue and enable sustainable growth.