TripCreator ehf.
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TripCreator ehf. - overview
Established
2013
Location
Reykjavik, -, Iceland
Primary Industry
Internet
About
TripCreator ehf. is a travel management software provider focused on enhancing operations for travel agencies and businesses through advanced itinerary creation and management tools. TripCreator ehf. was founded in 2013 in Reykjavik, Iceland, specializing in travel management solutions.
The company's CEO, Ásgeir Ásgeirsson, has a background in entrepreneurship, although no specific prior ventures are noted. TripCreator has successfully raised USD 8 mn in funding as of September 2018, targeting improvements in its software offerings. The company has engaged in a total of 7 deals to date. TripCreator offers an all-in-one travel management software designed for professional travel businesses, including travel agencies, MICE organizers, and destination management companies (DMCs).
Its platform features an advanced itinerary builder with customizable options, drag-and-drop functionality, and rich content integration. The software enhances productivity and customer engagement, catering to diverse clients in markets such as Europe, North America, and parts of Asia. In the most recent fiscal year 2023, TripCreator reported revenue of USD 585,882. 90 with an EBITDA of USD 455,972.
30. The company operates on a subscription-based model, allowing clients to create unlimited itineraries without hidden fees, thus promoting transparent pricing. Partnerships with travel agencies and corporate clients further enhance their service delivery. TripCreator plans to leverage recent funding of USD 8 mn from their September 2018 deal to support the development of new features and products in their travel management software.
The company aims to expand its market reach into regions where professional travel management is in demand, particularly focusing on Europe and North America by the end of 2024.
Primary Industry
Internet
Sub Industries
Travel & Tourism, Search Engines, Analytics & Performance Software
Website
www.tripcreator.com
Verticals
E-commerce, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
TripCreator ehf. - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | 57,649,001 | 52,345,930 | 34,344,146 | 11,835,913 | 9,732,740 | 13,821,790 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | (9.2%) | (34.4%) | (65.5%) | (17.8%) | 42.0% | - | - | - |
| EBITDA (USD) | (12,100,073) | (82,471,659) | (155,179,407) | (246,936,469) | (200,315,586) | (243,447,848) | 113,764,492 | 60,028,943 | (2,467,692) | - | - | - |
| Operating Income (USD) | (12,100,073) | (82,471,659) | (155,179,407) | (246,936,469) | (200,315,586) | (243,447,848) | 113,764,492 | 60,028,943 | (23,467,692) | - | - | - |
| Operating Margin | - | - | - | (428.3%) | (382.7%) | (708.8%) | 961.2% | 616.8% | (169.8%) | - | - | - |
| % EBITDA Margin | - | - | - | (428.3%) | (382.7%) | (708.8%) | 961.2% | 616.8% | (17.9%) | - | - | - |
| NET Income (USD) | (12,101,882) | (82,295,943) | (157,466,310) | (248,197,879) | (200,761,842) | (258,778,680) | 110,747,190 | 45,653,791 | (32,065,564) | - | - | - |
| % Net Margin | - | - | - | (430.5%) | (383.5%) | (753.5%) | 935.7% | 469.1% | (232.0%) | - | - | - |
TripCreator ehf. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman Of The Board | BM | ||||||
| Chairman Of The Board | BM | ||||||
| Member of Investment Board, Eyrir Sprotar Venture Fund | BM |
BM Board Member
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