TravelLocal
Financials
Estimates*
EUR | 2020 |
---|---|
Revenues | 10.2m |
Date | Investors | Amount | Round |
---|---|---|---|
* | £8.0m | Early VC | |
* | N/A | Media For Equity | |
£2.5m Valuation: £40.0m 4.7x EV/LTM Revenues | Series A | ||
N/A | Merger | ||
* | £8.3m | Series B | |
Total Funding | $24.8m |
Related Content
Recent News about TravelLocal
EditTravelLocal operates in the travel and tourism industry, focusing on connecting travelers directly with local travel agents to create personalized and authentic travel experiences. The company serves individual travelers looking for unique and customized trips, often to destinations where local knowledge significantly enhances the experience. TravelLocal's business model involves partnering with local travel experts who design and manage the trips, ensuring a high level of customization and local insight. The company generates revenue through a commission-based structure, taking a percentage of the trip cost paid by the travelers. This model not only supports local economies but also provides travelers with a more immersive and genuine travel experience. TravelLocal's market includes adventure travelers, cultural enthusiasts, and those seeking off-the-beaten-path destinations. The company emphasizes fast response times, local expertise, and a seamless booking process to differentiate itself from traditional travel agencies and online booking platforms.
Keywords: local travel agents, personalized trips, authentic experiences, commission-based, immersive travel, cultural tourism, adventure travel, seamless booking, local expertise, unique destinations.