Flight and Hotel Booking Startup Smartair Raises $6 Million

Israel-based flight and hotel booking startup Smartair TLV Ltd. has raised $6 million in a round led by Israeli travel agency Talma Travel And Tours Ltd. and Alpha Capital, the former announced Tuesday.

As part of the agreement, Talma and Smartair will partner to establish a new company offering management tools for online tourism and travel services. Founded in 2015 and based in Ra’anana, a town northeast of Tel Aviv, Smartair offers a search engine and price comparison service for flights, hotels, and car rentals. The company’s platform also lets operators in other countries set up similar sites customized to their market.