TEDCO has invested $500,000 in Routespring, a Maryland-based startup that supports travel for businesses who cannot afford a credit card. Routespring uses AI to find the best way to get corporate crews to their destinations at the right cost. TEDCO's investment will support Routespring's journey towards success and indirectly support more startups and entrepreneurs.
TEDCO, Maryland's economic engine for technology companies, has invested $500,000 in Routespring, a Maryland-based startup focused on supporting travel for businesses who cannot afford a credit card. Routespring uses the next generation AI to find the best way to get corporate crews to the right place at the right time at the right cost. The investment comes from TEDCO's Seed Funds, which invest in early-stage technology and life sciences companies. Routespring provides workforce and business travel management for mid-size to large enterprises and counts a major US airline and a private wildfire firefighting organization among its customers. TEDCO's investment will support Routespring's journey towards success and indirectly support more startups and entrepreneurs in Maryland's entrepreneurial innovation ecosystem.
