TripStack Inc.

TripStack Inc. provides advanced travel technology solutions, focusing on Virtual Interlining, Low-Cost Carriers, and New Distribution Capability content, enabling seamless flight booking experiences for users across various markets. Founded in 2016 by John Boguslawski, TripStack Inc. is based in Toronto, Canada.

The company specializes in innovative travel technology solutions. It has been involved in 2 deals, with its most recent significant transaction occurring on June 20, 2019, when Etraveli AB acquired it. The latest funding round raised USD 6. 00 mn, bringing the total amount raised to USD 6.

00 mn. TripStack specializes in providing innovative travel technology solutions, primarily focusing on Virtual Interlining (VI), Low-Cost Carriers (LCC), and New Distribution Capability (NDC) content. Its flagship offerings include a robust flight booking API that integrates access to a wide array of flight options from both LCC and Full-Service Carriers (FSC), facilitating seamless itineraries that connect non-cooperating airlines. This technology is designed to enhance competitiveness for airlines and travel retailers by offering unique flight content and fostering growth opportunities in the travel industry.

TripStack’s White-Label Platform allows airlines to customize their offerings, enabling them to select airline partners and optimize customer experiences. The company serves a diverse client base across multiple geographical markets, including North America, Europe, and Asia, catering to airlines and travel retailers seeking to broaden their service portfolios and improve the travel experience for their end users. TripStack’s revenue model is primarily driven by transactional fees associated with its flight booking API and platform services, which facilitate the retailing of Virtual Interlining fares. Airlines and travel retailers partner with TripStack to access its extensive flight content and technology solutions, often applying a commission structure that is triggered upon successful bookings.

The FareShare Caching Solution allows clients to enhance their marketing efforts while effectively managing pricing strategies. Given the vast scale of its operations, with over 20,000 daily bookings and substantial API searches, TripStack generates significant revenue from these business transactions. The company also supports a range of ancillary services, such as baggage handling and seat selection, which further contribute to its revenue streams through bundled offerings to clients. TripStack aims to leverage recent funding to enhance its product offerings and expand into new markets.

The company is focused on developing additional features for its flight booking API, with plans for a release in the coming year. Targeted geographic expansions include deeper penetration into European and Asian markets by 2023, which will be supported by the latest funding round raised. The acquisition by Etraveli AB will enable TripStack to integrate more efficiently into a broader network, enhancing its service capabilities.