Travel management platform Goodwings has secured another $2.9 million (20 million DKK) in funding from investors to help grow its sustainability-focused products.
The Denmark-based technology company said this latest funding round, completed in March, “will allow us to expand and strengthen our global presence while continuing to invest in developing future sustainability features”.
The additional capital comes from existing investors Arve Andresen, Anders Colding Friis, Christina Topsøe, Nicholas Hammeken and Global Cleantech Capital as well as two new investors – Lars Thuesen, former SAS group chief financial officer and owner of charter airline Jettime; and Patrick Diemer, former CEO of AirPlus and co-founder and chair of business travel organisation BT4Europe.
Diemer commented: "Having worked in various roles within the business travel sector, I recognise the huge opportunity in Goodwings, and the innovative approach they have to business travel. What they’re doing is the breath of fresh air that the industry desperately needs, making it easier for companies to travel responsibly without sacrificing quality or experience. I’m excited to contribute my experience to their mission and help them scale even further."
The company, which was set up in 2015 and is B Corp certified, allows corporates to book travel and manage their travel-related carbon footprint within a single platform. In 2024, it also began integrating Spotnana’s booking technology following a partnership driven by JTB Business Travel, whose US arm is a Goodwings minority shareholder.
Goodwings uses its booking revenue to reduce clients’ Scope 3 travel emissions by buying alternative aviation fuel and carbon offsets. It also provides clients with emissions calculations, reductions and data for ESG reporting purposes, as well as the ability to set carbon budgets for travel.