Couch Surfing International, Inc.
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Couch Surfing International, Inc. - overview
Location
San Francisco, CA, US
Primary Industry
Internet
About
Couch Surfing International, Inc. is a travel platform that connects travelers with local hosts worldwide, offering a unique opportunity for cultural exchange and immersive travel experiences at no cost. Couch Surfing International, Inc. operates a platform that connects travelers with local hosts.
The company is headquartered in San Francisco, US. Founded by Casey Fenton, Couch Surfing has received a total funding of USD 15. 00 mn through a SERIES B round led by General Catalyst Partners on August 22, 2012, with participation from Benchmark, Menlo Ventures, and Omidyar Network. It currently has a valuation of USD 40.
14 mn. Couch Surfing International, Inc. operates a platform that connects travelers with local hosts around the world, facilitating culturally immersive travel experiences. Users can find and stay with local hosts at no cost, which promotes sharing hospitality and local insights.
The platform serves a diverse clientele, including budget-conscious travelers and cultural exchange enthusiasts. Features such as user profiles, community events, and messaging enhance interaction among users, making it accessible globally, with significant usage in North America, Europe, and parts of Asia. Couch Surfing generates revenue primarily through a membership model that includes optional features for users who seek to enhance their experience on the platform. While the core offering remains free, users can opt for premium services that provide additional functionalities, such as enhanced visibility for hosts or access to exclusive community events.
Revenue is derived from facilitating user connections and fostering community interactions rather than traditional product sales. Following the SERIES B funding round of USD 15. 00 mn in August 2012, Couch Surfing International, Inc. aims to expand its offerings by designing new features and enhancing user engagement.
The company plans to target new geographic regions for expansion, particularly in emerging markets where travel demand is increasing. Recent funding will support the development of these new products and the strategic growth into targeted international markets.
Current Investors
Point Nine, Benchmark, Menlo Ventures
Primary Industry
Internet
Sub Industries
Travel & Tourism, Restaurants & Nightlife, Recreational & Entertainment Facilities, Hotels & Accommodations, Internet
Website
www.couchsurfing.org
Company Stage
Series B
Total Amount Raised
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