TourRadar Analysis
What is TourRadar?
TourRadar operates as a global online marketplace specializing in multi-day tours. Their platform allows users to compare, read reviews, and book tours with confidence. This approach simplifies the travel planning process, enabling travelers to find the right adventure easily.
Employees
201-500
Founded
2010
Industry
Travel Tech, Marketplace
Product Features & Capabilities
- Over 50,000 multi-day tours available worldwide
- 24/7 customer support for travelers
- Mobile app for real-time updates and bookings
- Exclusive deals and discounts for app users
- Direct messaging with tour operators for inquiries.
Use Cases
Book multi-day tours across various destinations; Compare reviews and ratings of tour operators; Access exclusive deals through the mobile app; Manage bookings and receive updates via the app; Communicate directly with tour operators for assistance.
Other Considerations
Over 2 million departures worldwide; 4.6-star rating based on 8,869 reviews; Offers a $1M Partner Fund for creators and guides.
Funding History
- Angel Round: June 2013, amount not specified, led by Erik Blachford (former CEO of Expedia).
- Angel Round: May 28, 2014, amount not specified, led by Speedinvest.
- Funding from Dragons' Den: May 2014, $500,000.
- Series A: May 24, 2016, $6 million, led by Cherry Ventures and Hoxton Ventures.
- Series B: October 24, 2017, $10 million, led by Endeit Capital.
- Series C: June 26, 2018, $50 million, led by TCV, with participation from existing investors including Cherry Ventures, Endeit Capital, Hoxton Ventures, and Speedinvest.
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