Context

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Context - overview

Established

2003

Location

Bowling Green, KY, US

Primary Industry

Travel & Leisure

About

Context Travel specializes in bespoke private walking tours, guided by experts to enhance the travel experience for individuals and small groups, focusing on local culture and history. Context Travel was founded in 2003 in Bowling Green, US. The company offers tailored walking tours that allow travelers to explore cities with knowledgeable local guides. Howard Davies, one of the co-founders, serves as the CEO.


In September 2017, Active Partners invested USD 5 mn in a GROWTH funding round, marking a significant milestone in the company’s financial growth, which brings the total amount raised to USD 5 mn. The company has completed one investment deal to date. Context Travel specializes in offering bespoke private walking tours led by expert guides, enhancing the travel experience for individuals and small groups. Their core product is the tailored walking tour, which allows travelers to discover cities like Paris and Lisbon at their own pace, guided by knowledgeable locals.


These tours cater to young, curious travelers, focusing on deep engagement with local culture, history, and culinary traditions. Context Travel operates in various geographical markets, primarily targeting major cities in Europe and select destinations in the United States. Context Travel generates revenue through direct-to-consumer transactions for their private walking tours, which clients book online. The pricing structure involves a set fee for each tour, varying based on the tour’s length and complexity.


Customers can participate in various themed tours, including food and wine experiences, guided by experts such as chefs and sommeliers. The revenue model emphasizes one-time purchases rather than subscriptions, ensuring a straightforward transaction process for each client engagement. Following the recent investment in September 2017, Context Travel plans to utilize the USD 5 mn funding to enhance its product offerings and expand its services into new geographical regions. The company is developing new walking tour experiences to launch in 2024, focusing on emerging travel markets in Asia and South America.


Specific cities under consideration for expansion include Tokyo and Buenos Aires, aiming to tap into a growing base of curious travelers seeking immersive experiences.


Current Investors

Active Partners

Primary Industry

Travel & Leisure

Sub Industries

Travel & Tourism

Website

https://www.contexttravel.com/

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Context - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedContext-

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