About Launchtrip
Launchtrip is a company based in New York (United States) founded in 2017.. Launchtrip has raised $3.77 million across 1 funding round from investors including Axis Capital. Launchtrip operates in a competitive market with competitors including Vamoos, Squad Trip, Mobi, AllFly and Desti, among others.
- Headquarter New York, United States
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Sectors
TechnologyTravel & 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.77 M (USD)
in 1 rounds
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Latest Funding Round
$3.77 M (USD), Seed
Mar 18, 2021
- Investors
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Employee Count
Employee Count
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Funding Insights of Launchtrip
Launchtrip has successfully raised a total of $3.77M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.77 million completed in March 2021. 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 1
- Last Round Seed — $3.8M
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First Round
First Round
(18 Mar 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2021 | Amount | Seed - Launchtrip | Valuation | Axis Capital |
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| 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 Launchtrip
Launchtrip has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Axis 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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Corporate advisory services are offered across multiple sectors including finance.
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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 Launchtrip
| 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 - Launchtrip
| 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 |
Launchtrip Comparisons
Competitors of Launchtrip
Launchtrip 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 Vamoos, Squad Trip, Mobi, AllFly and Desti, 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 |
Trip planning solutions are provided for travel agencies.
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| domain | founded_year | HQ Location |
SaaS expense management is provided for travel service providers.
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| domain | founded_year | HQ Location |
Travel planning solutions are provided for agents and operators.
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| domain | founded_year | HQ Location |
SaaS solutions for travel planning are offered to the industry.
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| domain | founded_year | HQ Location |
Desti was founded as an AI-based travel planning startup.
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| domain | founded_year | HQ Location |
AI-powered trip planning solutions are provided for travel service providers.
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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 Launchtrip
Frequently Asked Questions about Launchtrip
When was Launchtrip founded?
Launchtrip was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Launchtrip located?
Launchtrip is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Launchtrip a funded company?
Launchtrip is a funded company, having raised a total of $3.77M across 1 funding round to date. The company's 1st funding round was a Seed of $3.77M, raised on Mar 18, 2021.
What does Launchtrip do?
Launchtrip was founded in 2017 and is based in New York, United States. Software for event trip planning and management is developed, with integrations to hotels, restaurants, and travel sectors. Accommodation, transport, and VIP seating bookings are facilitated. Solutions for lead generation, marketing, and sponsor acquisition in events are also included, supporting operations in the travel technology industry.
Who are the top competitors of Launchtrip?
Who are Launchtrip's investors?
Launchtrip has 1 investor. Key investors include Axis Capital.
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