StreetTeam Software Ltd.

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.

StreetTeam Software Ltd. - overview

Established

2014

Location

London, -, UK

Primary Industry

Internet

About

StreetTeam Software Ltd. is a technology company focused on developing innovative software solutions aimed at enhancing travel experiences and community engagement through digital platforms. StreetTeam Software Ltd. specializes in connecting users with curated travel experiences.


Founded in 2014 in London, UK, the company has successfully pivoted its business strategy to focus on this niche market. The firm was co-founded by Ben Wakeham, Daniel Kloekke, Jeremiah Rizzo, Liam Negus-Fancey, Phillip White, and Suveer Bajaj. In total, the company has completed 5 deals, with its most recent funding round, a Series C round, occurring on December 21, 2021, where it raised GBP 66. 08 million from investors including Backed VC, Kindred Capital, Lansdowne Partners, Molten Ventures, Northzone, and Sienna Investment Managers.


The total amount raised by the company amounts to GBP 66. 08 million, resulting in a current valuation of GBP 673. 396 million. StreetTeam Software Ltd.


provides a range of digital solutions that focus on enhancing user engagement through tailored travel experiences. The firm offers a platform that connects users with various curated travel experiences, designed to cater to individual preferences and needs. By utilizing data analytics, the company aims to optimize the offerings for both users and service providers, ensuring a seamless experience that meets the diverse needs of their clientele, which includes individual travelers, travel agencies, and local businesses. In the most recent financial year, StreetTeam Software Ltd.


reported a revenue of GBP 66,464,652. 60. The firm's EBITDA for the same year was recorded at GBP -70,821,344. 20, indicating a focus on investment and growth in its key operational areas.


Following its Series C funding round in December 2021, StreetTeam Software Ltd. intends to leverage the GBP 66. 08 million raised to broaden its selection of travel experiences and enhance its global reach within serviced communities. The company is strategically focusing on expanding into new markets and geographic regions, aiming to target specific areas for growth by the end of 2023.


This initiative is expected to bolster their presence in the travel industry and improve the integration of its services across new user bases.


Current Investors

Universal Music Group, Inc., Frontline, Kindred Capital

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform, Web Applications, Sales & Marketing Software

Website

www.pollen.co

Verticals

Cloud Computing, Social Media

Company Stage

Series C

Total Amount Raised

Subscriber access only

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.