Skylark Travel Group, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Skylark Travel Group, Inc. - overview

Established

2015

Location

New York, NY, US

Primary Industry

Internet

About

Skylark Travel Group, Inc. specializes in luxury travel services, providing tailored hotel booking and bespoke trip planning for discerning travelers seeking premium experiences. Founded in 2015 in New York, Skylark Travel Group, Inc. focuses on offering luxury travel services.


The company raised USD 4. 000 mn in Seed funding on May 14, 2019, led by 25Madison Ventures with participation from BCD Holdings N. V. , Bessemer Venture Partners, Clarim Holdings, Ovation Travel Group, Inc.


, and Vectr Ventures. The company is co-founded by Evan Konwiser, Paul Tumpowsky, Rosanna Zhang, and Stan Dobbs, who have collectively brought extensive expertise in the travel industry to the firm. Skylark Travel Group offers a curated selection of luxury hotel booking services tailored to the needs of discerning travelers. Their core offerings include exclusive access to over 3,000 luxury hotels worldwide, complemented by a suite of VIP perks such as room upgrades, daily breakfast, resort credits, and late check-out.


The company also provides bespoke trip planning services, allowing clients to receive expert travel advice and personalized itineraries. Skylark’s client base primarily consists of affluent individuals and corporate travelers seeking high-touch service and unique experiences, with services marketed globally, focusing on major tourist destinations across North America, Europe, and Asia. Skylark Travel Group derives its revenue from direct bookings made through its platform, leveraging partnerships with luxury hotels and major airlines. The business model operates on a B2C (business-to-consumer) basis, wherein clients engage with the company to secure travel accommodations, flights, and exclusive experiences.


Transactions typically include upfront payment for hotel reservations and ancillary services, with potential savings on Business and First Class fares due to negotiated rates, focusing on high-end properties and services. Following the Seed funding of USD 4. 000 mn raised on May 14, 2019, Skylark Travel Group is poised for growth with plans to enhance its product offerings and expand its market reach. The company is exploring the launch of new products aimed at providing even more exclusive experiences for travelers.


Skylark is also targeting geographical expansion into additional markets in Europe and Asia by the end of 2023, leveraging the capital raised to support these initiatives and further enhance its service capabilities.


Current Investors

Bessemer Venture Partners, BCD Holdings N.V., Vectr Ventures

Primary Industry

Internet

Sub Industries

Hotels & Accommodations, Travel & Tourism, Search Engines

Website

www.skylark.com

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Skylark Travel Group, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.