storyline, both independently and with the help of local people or agents, who know local features. Travolver aims to be the leading online travel platform for leisure travel self-preparation and a key partner for merchants.

Travolver was established by online travel industry professionals in September 2011. The same year Travolver got funding from a group of angel investors. The concept of service was demonstrated at PhoCusWright’s Travel Innovation Summit 2011 (http://phocuswrightconference.com/innovators-2011) and received a positive expert feedback. In June 2012 Travolver won the “Startup Battle" organized by the Plug & Play Technology Center and Global Venture Alliance (http://gvacapital.com/en/timeline/news/20/). The same month the "Travolver Awards" – an online contest for the best storyline for the independent travel was established. The contest attracted more than 10 000 likes of our target audience in social networks. A public alpha-version of the service was launched in October 2012 and Travolver iPhone app became available in December 2012.

At the moment there are 13 employees in the company, including 6 developers and 2 editors. 20 authors are contributing exclusively for Travolver to create a global authentic travel experience database. Contracts are signed with booking.com, Airbnb.com and online travel agency anywayanyday.com. A board of directors of the company are recognized as online industry professionals. Among them, Djasur Djumaev, Chairman of the Board (Founder and the CEO of one of the leading Russian e-commerce daily deal company KupiKupon.ru), Felix Shpilman (expert of startup market, partner in Start Fund, ex-investment professional in DST).

A launch of beta-version is planned for spring 2013. Travolver is looking for an additional investment for product development, user acquisition and community building, new partnerships with inventory suppliers, as well as entering the US market.