Eddy Travels

Vilnius, Lithuania Founded: 2018 • Age: 8 yrs Acquired By TripAdd
Personalized travel recommendations are delivered through chat-based AI platforms.
Annual revenue - Latest available
Total funding $1.9M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Eddy Travels

Eddy Travels is a company based in Vilnius (Lithuania) founded in 2018 by Edmundas Balcikonis, Pranas Kiziela, and Adomas Baltagalvis was acquired by TripAdd in September 2022. Eddy Travels has raised $1.87 million across 2 funding rounds from investors including Techstars, Practica Capital and Open Circle Capital. Eddy Travels offers products and services including Eddy AI Assistant. Eddy Travels operates in a competitive market with competitors including Travefy, Key Concierge, Tummoc, minube and Holidify, among others.

  • Headquarter Vilnius, Lithuania
  • Founders Edmundas Balcikonis, Pranas Kiziela, Adomas Baltagalvis
  • Sectors
    Travel & Hospitality
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.87 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.37 M (USD), Seed

    Apr 13, 2020

  • Investors
    Techstars

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    TripAdd

    (Sep 08, 2022)

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Products & Services of Eddy Travels

Eddy Travels offers a comprehensive portfolio of products and services, including Eddy AI Assistant.

Product name locked
Category locked
Primary

AI tool for finding and booking travel deals on flights and hotels.

People of Eddy Travels

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Deividas Gustys
Senior Software Engineer

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Teams

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Funding Insights of Eddy Travels

Eddy Travels has successfully raised a total of $1.87M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.37 million completed in April 2020. 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.

Investors in Eddy Travels

Eddy Travels has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Techstars, Practica Capital and Open Circle Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Seed to growth VC firm funding companies in the Baltics
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-
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Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for Eddy Travels

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Investments & Acquisitions by Eddy Travels

Investments
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Investment portfolio details for Eddy Travels

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Financial Statements - Eddy Travels

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Detailed financials for Eddy Travels

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Eddy Travels Comparisons

Eddy Travels Primary company
Description
Personalized travel recommendations are delivered through ch...
Location
Vilnius, Lithuania
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Eddy Travels

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Competitors of Eddy Travels

Eddy Travels 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 Travefy, Key Concierge, Tummoc, minube and Holidify, among others.

Company Name Domain Founded year HQ Location Description
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An online and mobile group travel planner
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Mobile first on-demand concierge service to build itineraries.
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App-based platform offering real-time transit information and planning solutions
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Online travel guides and trip planning are offered to users.
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Online trip planning platform for travelers
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Personalized holiday packages are booked online via an events-based platform.
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Detailed competitors of Eddy Travels

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Latest news on Eddy Travels

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Complete news archive for Eddy Travels

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Frequently Asked Questions about Eddy Travels

Eddy Travels was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Eddy Travels is headquartered in Vilnius, Lithuania.

Edmundas Balcikonis is the current CEO of Eddy Travels. They have also founded this company.

Eddy Travels is a funded company, having raised a total of $1.87M across 2 funding rounds to date.

Eddy Travels was founded in 2018 in Vilnius, Lithuania, within the travel technology sector. Operations are conducted via integrations with messaging platforms including Facebook Messenger, WhatsApp, Telegram, Viber, Line, and Slack. Personalized suggestions for flights, hotels, car rentals, and related services are offered, with bookings facilitated through redirects to partner websites and online travel agencies. Travel tips and information are also provided to users.

Eddy Travels's top competitors include Travefy, Tummoc and Key Concierge.

Eddy Travels offers Eddy AI Assistant.

Eddy Travels has 4 investors. Key investors include Techstars, Practica Capital, Open Circle Capital, and TripAdd.

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