About Byway
Byway is a company based in London (United Kingdom) founded in 2020.. Byway has raised $7.91 million across 4 funding rounds from investors including Gov.uk, Founders Factory and Heartcore Capital. The company has 9 employees as of March 31, 2022. Byway offers products and services including Holiday Packages, Byway Maps, and Concierge Services. Byway operates in a competitive market with competitors including TravelLocal, Audley Travel, Scott Dunn, tripAbrood and Touriocity, among others.
- Headquarter London, United Kingdom
- Employees 9 as on 31 Mar, 2022
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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
*********
- Legal Name Byway Travel Limited
- Date of Incorporation 20 Mar, 2020
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.91 M (USD)
in 4 rounds
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Latest Funding Round
$6.39 M (USD), Series A
Jul 09, 2024
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Investors
Gov.uk
& 6 more
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Employee Count
9
as on Mar 31, 2022
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Products & Services of Byway
Byway offers a comprehensive portfolio of products and services, including Holiday Packages, Byway Maps, and Concierge Services. 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.
Customized flight-free itineraries with transport and accommodation
Interactive platform for creating personalized journeys
Personalized holiday planning and disruption assistance
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Funding Insights of Byway
Byway has successfully raised a total of $7.91M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.39 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $6.4M
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First Round
First Round
(17 Nov 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Byway | Valuation | Heartcore Capital | |
| Jul, 2021 | Amount | Grant - Byway | Valuation |
investors |
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| Jul, 2021 | Amount | Seed - Byway | Valuation | Founders Factory |
| 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 Byway
Byway has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gov.uk, Founders Factory and Heartcore Capital. 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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Venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital fund focused om consumer tech sector
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Founded Year | Domain | Location | |
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Startup studio focused on fintech, telecoms, and multiple sectors
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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 Byway
| 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 - Byway
| 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 |
Byway Comparisons
Competitors of Byway
Byway 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 TravelLocal, Audley Travel, Scott Dunn, tripAbrood and Touriocity, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tailor-made holiday packages are booked online via expert connections.
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| domain | founded_year | HQ Location |
Tailor-made holiday packages are offered through an online portal.
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| domain | founded_year | HQ Location |
Luxury tour operator in UK
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| domain | founded_year | HQ Location |
An AI-driven travel assistant offering personalized accommodation recommendations.
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| domain | founded_year | HQ Location |
Touriocity operates a digital platform for booking customized luxury tours worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Byway
Frequently Asked Questions about Byway
When was Byway founded?
Byway was founded in 2020.
Where is Byway located?
Byway is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Byway a funded company?
Byway is a funded company, having raised a total of $7.91M across 4 funding rounds to date.
How many employees does Byway have?
As of Mar 31, 2022, the latest employee count at Byway is 9.
What does Byway do?
Byway was founded in 2020 in London, United Kingdom, as an online platform in the travel sector. Personalized holiday packages are generated based on user-provided travel preferences and responses to targeted questions. Trip recommendations are delivered accordingly, with bookings facilitated directly on the platform through secure online payments. Operations focus on streamlining trip planning for individual travelers.
Who are the top competitors of Byway?
Byway's top competitors include Audley Travel, Scott Dunn and Tribe.
What products or services does Byway offer?
Byway offers Holiday Packages, Byway Maps, and Concierge Services.
Who are Byway's investors?
Byway has 7 investors. Key investors include Gov.uk, Founders Factory, Heartcore Capital, Eka Ventures, and Ed Gillespie.