Company Website: https://Diakopes365.gr
Company Email: support@Diakopes365.gr
Employees: 6
Funding State: Bootstrapped
Industries
- Travel / Hospitality / Leisure
Technology
- Web or Mobile Application
Business Model
- B2C
Revenue Model
- Commission Fee
Funding Sources
- Self
About
At Diakopes365, we are revolutionizing the way people experience travel. Our company is driven by a passion for innovation and a commitment to providing seamless and personalized travel solutions to our customers. With our flagship product, the TravelXpert platform, we have created a one-stop destination for travellers to plan, book, and manage every aspect of their journey. Powered by sophisticated AI algorithms and cutting-edge technology, TravelXpert offers a comprehensive range of services, including accommodations, flights, transportations and curated experiences. What sets us apart is our relentless pursuit of excellence and our team of industry-leading experts. From travel specialists and marketing professionals to software engineers, each member of our team brings a unique skill set and wealth of experience to the table. Since our inception, we have achieved significant milestones, including partnerships with major players in the travel industry, exponential growth in our network of accommodations and activities, and the development of innovative features such as our proprietary ranking algorithm and package builder. Whether you're planning a weekend getaway or a once-in-a-lifetime adventure
Solution & Product
Solution: Imagination has conceived and crafted a prototype integrated platform to address the challenges of a fragmented market, harnessing the capabilities of AI. This platform unifies all services (hotels, tickets, transfers, and excursions) within a single platform and is aptly named the «Travellers’ Experience Optimizer» (TravelXpert) Platform. Through TravelXpert, customers can streamline their entire travel planning process through a singular management point, i.e. a single payment point supporting instalments, insurance and more. Furthermore, customers can track prices and access last-minute discounts. TravelXpert empowers customers to: (a) swiftly make online bookings with instant confirmations, (b) adjust selected packages as needed, (c) enjoy tailor-made packages powered by AI, (d) explore leisure activities, (e) conveniently access all essential travel documents and itineraries in one location, (f) take advantage of valuable bundled offers, and (g) accumulate reward points.
Innovation & Scalability
Start-Up Innovation: TravelXpert innovation lies on the highly sophisticated AI-based algorithms which identify the separate pieces of each trip that can be combined into a specific travel package and collects availability simultaneously from multiple vendors to create and rank in real time the best available packages. In particular, the algorithm integrated in the platform enables the users to change the ranking and filter the proposed packages as they wish. Furthermore, the platform collects patterns of customer behaviour so that it can periodically adjust the ranking algorithm, to offer to the customers personalized advice for all the aspects of their trips. Technological innovation: The TravelXpert will utilize state-of-the-art Machine Learning (ML) and AI methodologies offering accurate and personalized travel experience to the users. Innovative business model: TravelXpert is a B2C one-stop platform for travelers. Scalability: Since travellers’ needs are generally of the same nature worldwide, TravelXpert could be easily scaled accordingly and implemented to any country. It would therefore set the example for implementation elsewhere.
Traction & achievements
In 2018, we established a partnership with one of the world's largest hotel providers. In 2019, we introduced the beta version of TravelXpert, initially featuring hotels exclusively in Greece. During this phase, we expanded our network to include 300000 hotels, implemented price comparison functionalities, and successfully automated our hotel updates. In 2020, we initiated a partnership with a flight company, over 25 ferry companies, extended our direct accommodation partnerships, and enhanced accommodation sorting algorithm by aggregating data from various sources. By 2021, TravelXpert had grown to include a staggering 1.5 million hotels worldwide, achieving an exceptional 99.9% accuracy rate in accommodation mapping. We also included a catalog of 60000 activities and tours worldwide, along with the establishment of more than 2800 direct partnerships with accommodations. Today, our TravelXpert includes a fully functional ranking algorithm, accommodation reviews, and a package builder.
Team & Why Us
Imagination represents a collaborative endeavor involving a team of industry-leading experts in the field of travel. Our team is a blend of travel specialists, marketing professionals, and software engineers. The key figures in our team include: (a) Stefania Giourga, Co-Founder & CEO, who brings expertise in marketing, specializing in the online promotion of tourism businesses with a focus on SEO and PPC. (b) Vassilios Pappas, Co-Founder & CTO, an adept software engineer with experience in developing and maintaining web applications, establishing connections with tourism APIs, and creating automated processes. (c) Antonis Pappas, Head of Product, who boasts over 30 years of experience as the owner of an award-winning tourist office in Athens. His involvement spans various facets of the industry, including organizing group excursions to and from abroad and the management and promotion of hotels.
Funding Needs
We require capital to invest in marketing and advertising initiatives to increase brand awareness and attract customers in the competitive Greek travel industry. In addition, as a later stage, we aim to expand into other markets. This expansion plan involves thorough market research, strategic partnerships, and targeted marketing campaigns tailored to each new market's dynamics. By diversifying our reach, we aim to solidify our position not only in Greece but also on a broader international scale.
Streamlining Traveler Experiences Through an AI-Driven Integrated Platform