DreamCheaper GmbH

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DreamCheaper GmbH - overview

Established

2014

Location

Berlin, -, Germany

Primary Industry

Internet

About

DreamCheaper GmbH is a travel agency specializing in optimized travel solutions, focusing on securing the best deals for air travel, hotel accommodations, and cruises for both business and leisure travelers. Founded in 2014, DreamCheaper GmbH is based in Berlin, Germany, and operates as a travel agency that provides tailored travel solutions. The company has undergone no significant pivots in its business strategy since its inception. DreamCheaper has successfully raised EUR 1.


5 million in its Seed funding round on April 20, 2017, from investors HV Capital and TruVenturo, bringing the total amount raised to EUR 1. 5 million with a current company valuation of EUR 15. 669 mn. The company has completed two deals to date.


DreamCheaper. com operates as a specialized travel agency focused on providing optimized travel solutions that include air travel, hotel accommodations, and cruise bookings. Their core service is designed to identify and secure the best business and first-class travel deals globally, utilizing creative routing to enhance customer options. Founded in 2015, the company has developed a broad client base that includes both leisure and business travelers seeking competitive pricing for their travel needs.


DreamCheaper serves customers primarily in North America and Europe, ensuring access to exclusive deals through direct contracts with major luxury cruise lines and a network of hotels. Revenue generation for DreamCheaper. com involves transactions primarily facilitated through service fees and commission-based structures associated with travel bookings. Customers can engage with the agency directly to plan their trips, resulting in a tailored experience that may include last-minute changes or specific routing requests.


The service structure caters to both B2B and direct-to-consumer models, providing flexibility in how clients access and utilize the company's offerings. While specific pricing plans are not disclosed, the company’s value proposition centers around providing unbeatable rates on flights, hotels, and cruises, ensuring that customers feel confident in their travel investments. In April 2017, DreamCheaper GmbH raised EUR 1. 5 million in Seed funding from returning investors HV Holtzbrinck Ventures Adviser GmbH and TruVenturo.


The funding aims to support upcoming initiatives, including the development of new travel products and the expansion into additional markets. The company plans to target growth in regions beyond North America and Europe, with specific focus on Asia and South America by 2025.


Current Investors

HV Capital, Global Founders Capital, TruVenturo

Primary Industry

Internet

Sub Industries

Search Engines

Website

www.dreamcheaper.com

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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