About Loco2
Loco2 is a company based in London (United Kingdom) founded in 2006 was acquired by SNCF in July 2017. Loco2 has raised $2.18 million across 6 funding rounds from investors including SNCF Group and Envestors London. The company has 14 employees as of December 31, 2020. Loco2 operates in a competitive market with competitors including RailYatri, ConfirmTkt, SeatFrog, DSB and IRCTC, among others.
- Headquarter London, United Kingdom
- Employees 14 as on 31 Dec, 2020
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Sectors
Travel & Hospitality
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Loco2 Limited
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Annual Revenue
$2.57 M (USD)110as on Dec 31, 2019
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Net Profit
-$4.56 M (USD)47as on Dec 31, 2019
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EBITDA
Not available
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Total Equity Funding
$2.18 M (USD)
in 6 rounds
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Latest Funding Round
$670 K (USD), Angel Round
Jul 01, 2015
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Investors
SNCF Group
& 1 more
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Employee Count
14
as on Dec 31, 2020
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Acquired by
SNCF
(Jul 05, 2017)
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Funding Insights of Loco2
Loco2 has successfully raised a total of $2.18M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $670 thousand completed in July 2015. 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 Loco2
Loco2 has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SNCF Group and Envestors London.
| Investor | Description | Founded Year | Domain | Location |
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Rail transport and logistics services are provided nationwide in France.
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Investor details for Loco2
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Investments & Acquisitions by Loco2
Investment portfolio details for Loco2
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Financial Statements - Loco2
Detailed financials for Loco2
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Loco2 Comparisons
Peer comparison for Loco2
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Competitors of Loco2
Loco2 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 RailYatri, ConfirmTkt, SeatFrog, DSB and IRCTC, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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App-based platform offering real-time rail transit information and ticketing solutions
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Train tickets are booked through an app-based platform.
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Train tickets are auctioned and booked via an app-based platform.
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Train tickets are booked online via the platform.
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Online railway ticketing and catering services are operated in India.
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Train tickets are booked through an app-based platform.
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Detailed competitors of Loco2
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Latest news on Loco2
Complete news archive for Loco2
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Frequently Asked Questions about Loco2
Loco2 was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Loco2 is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Loco2 is a funded company, having raised a total of $2.18M across 6 funding rounds to date.
As of Dec 31, 2020, the latest employee count at Loco2 is 14.
Annual revenue of Loco2 is $2.57M as on Dec 31, 2019.
Loco2 was established in 2006 in London, United Kingdom, as an online platform within the travel technology sector. Train tickets are explored and reserved by users who submit booking details and complete payments digitally. Operations focus on facilitating seamless transactions for rail travel. The platform extends to mobile applications compatible with iOS and Android devices, supporting users across various regions.
Loco2's top competitors include RailYatri, ConfirmTkt and DSB.
Loco2 has 2 investors. Key investors include SNCF Group, and Envestors London.