About 1000 Mile Travel Group
1000 Mile Travel Group is a company based in Melbourne (Australia) founded in 2014 was acquired by Corporate Travel Management in July 2022. It operates as a B2B, and D2C. 1000 Mile Travel Group offers products and services including Business Travel Management and Independent Travel Advising. 1000 Mile Travel Group operates in a competitive market with competitors including Fareportal, Nezasa, Duffel, TravClan and Easol, among others.
- Headquarter Melbourne, Australia
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name 1000 Mile Travel Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Corporate Travel Management
(Jul 01, 2022)
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Products & Services of 1000 Mile Travel Group
1000 Mile Travel Group offers a comprehensive portfolio of products and services, including Business Travel Management and Independent Travel Advising. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages business travel arrangements and budget optimizations for companies.
Offers personalized travel planning and advice for individual clients.
Funding Insights of 1000 Mile Travel Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 1000 Mile Travel Group
1000 Mile Travel Group has secured backing from 1 investor. Prominent investors backing the company include Corporate Travel Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate travel management software is provided for business use.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 1000 Mile Travel Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 1000 Mile Travel Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
1000 Mile Travel Group Comparisons
Competitors of 1000 Mile Travel Group
1000 Mile Travel Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fareportal, Nezasa, Duffel, TravClan and Easol, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Technology solutions are provided to online travel agencies.
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| domain | founded_year | HQ Location |
SaaS-based software for travel planning and itinerary management is provided.
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| domain | founded_year | HQ Location |
Travel services are planned, discovered, and booked via Duffel's platform.
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| domain | founded_year | HQ Location |
B2B platform for travel agents to buy flights hotels packages
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| domain | founded_year | HQ Location |
Easol is recognized as an all-in-one platform for experience creators.
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| domain | founded_year | HQ Location |
An online platform is provided for designing digital travel agencies.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 1000 Mile Travel Group
When was 1000 Mile Travel Group founded?
1000 Mile Travel Group was founded in 2014.
Where is 1000 Mile Travel Group located?
1000 Mile Travel Group is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does 1000 Mile Travel Group do?
1000 Mile Travel Group operates as a global network of travel experts, delivering services like independent advising, business travel management, and tools for starting travel businesses. They support corporate clients with personalized travel solutions and help individuals plan vacations. Based in Brisbane, Australia, with offices in the UK and North America, they serve businesses and travelers through efficient, expert-driven approaches.
Who are the top competitors of 1000 Mile Travel Group?
1000 Mile Travel Group's top competitors include Duffel, Easol and Fareportal.
What products or services does 1000 Mile Travel Group offer?
1000 Mile Travel Group offers Business Travel Management and Independent Travel Advising.
Who are 1000 Mile Travel Group's investors?
1000 Mile Travel Group has 1 investor. Key investors include Corporate Travel Management.