Betterez secures seed financing

Betterez, Inc., a Seattle and Toronto based provider of Reservations & Ticketing Management (RTM) technology platform, has announced a seed round of funding led by Amadeus Ventures, the travel venture fund of Amadeus IT Group.

Antoine de Kerviler, Global Head Rail & Ground Travel at Amadeus IT Group, along with Donald J. Carty, former chairman and CEO of American Airlines, who also participated in financing, have joined Betterez board of directors.

The investment will allow Betterez to further build out the sales, distribution, operations and back office features and capabilities needed to help bus & coach operators compete and thrive in today’s multi-modal transportation marketplace.

Betterez was founded in 2011 by CEO Tal Shalit, former VP of Information Technology for Porter Airlines Inc.. Betterez provides next generation RTM technology focused on helping Motorcoach and Tour Operators grow their businesses, and run operations and finance more efficiently.

photo credit: annca via pixabay

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal,,, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's, Canada's most sophisticated and advanced all private capital and public market financing database.