TravelBird

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TravelBird - overview

Established

2010

Location

Amsterdam, -, Netherlands

Primary Industry

Internet

About

TravelBird is a travel company that curates and offers unique vacation experiences at competitive prices, focusing on the needs of both leisure and budget travelers. Founded in 2010 in Amsterdam, Netherlands, TravelBird specializes in providing tailored travel solutions and packages. The company has evolved to address a diverse range of consumer preferences in travel, although there are no known pivots in its business strategy. TravelBird was not mentioned as a subsidiary of another firm.


The company has completed one funding round, with its most recent investment occurring on September 21, 2016. TravelBird specializes in offering curated travel experiences at competitive prices, leveraging insights from local experts to provide unique and inspiring travel ideas to its clientele. The company's primary offerings include tailored vacation packages, accommodations, and exclusive deals on travel experiences worldwide, with a strong emphasis on delivering high-quality options that cater to diverse consumer preferences. These products are designed to address common travel challenges such as finding affordable lodging, planning itineraries, and discovering hidden gems in various destinations.


The service is available to a broad customer base, which includes both leisure travelers seeking personalized travel experiences and those looking for budget-friendly options. TravelBird's reach extends to several key geographical markets, including Europe, North America, and select regions in Asia, where it has established a presence by addressing the unique travel needs of consumers in these areas. In 2016, TravelBird reported a revenue of USD 26. 00 mn, with an EBITDA loss of USD 1.


26 mn for the same year. Revenue is primarily generated through direct-to-consumer transactions, with a commission-based structure from partnerships with hotels, airlines, and activity providers. TravelBird's future growth strategy focuses on expanding its product offerings and geographical reach. The company is set to launch new tailored vacation packages aimed at enhancing customer experience, although specific release dates are not provided.


TravelBird plans to expand into additional markets, with a particular focus on emerging destinations in Asia and North America by the end of 2017. Recent funding from its most recent investment deal will be leveraged to support these growth initiatives.


Primary Industry

Internet

Sub Industries

Travel & Tourism, Internet

Website

www.travelbird.com

Total Amount Raised

Subscriber access only

TravelBird - financials

Fiscal Year EndedDec 31, 2014Dec 31, 2015Dec 31, 2016
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TravelBird - 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)
Private DebtCompletedTravelBird-

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TravelBird - employee data

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