About Locomote
Locomote is a company based in Melbourne (Australia) founded in 2012 by Ross Fastuca and David Fastuca.. Locomote offers products and services including Locomote Platform, Travel Booking Service, and Safety and Reporting Tools. Locomote operates in a competitive market with competitors including TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, among others.
- Headquarter Melbourne, Australia
- Founders Ross Fastuca, David Fastuca
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Sectors
Travel & Hospitality
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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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Latest Funding Round
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Investors
Travelport
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Locomote
Locomote offers a comprehensive portfolio of products and services, including Locomote Platform, Travel Booking Service, and Safety and Reporting Tools. 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.
Platform for booking and managing corporate travel efficiently.
Service for handling flight bookings and approvals securely.
Tools for monitoring travel safety and generating reports.
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Funding Insights of Locomote
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Locomote
Locomote has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Travelport. 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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Blockchain and SaaS solutions are delivered for travel providers.
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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 Locomote
| 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 - Locomote
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Locomote Comparisons
Competitors of Locomote
Locomote 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 TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, 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 |
SaaS-driven corporate travel management & booking engine platform
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| domain | founded_year | HQ Location |
Provider of corporate travel management solutions
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| domain | founded_year | HQ Location |
Corporate travel solutions are offered to business travelers worldwide.
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| domain | founded_year | HQ Location |
Corporate travel bookings are managed via a text-based online platform.
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| domain | founded_year | HQ Location |
SaaS travel management is offered for business travelers' bookings.
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| domain | founded_year | HQ Location |
Cloud-based expense management and booking tools SMBs
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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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Latest news on Locomote
Frequently Asked Questions about Locomote
When was Locomote founded?
Locomote was founded in 2012.
Where is Locomote located?
Locomote is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Locomote?
Sandra McLeod is the current CEO of Locomote.
What does Locomote do?
Locomote was founded in 2012 in Melbourne, Australia, within the travel technology sector. A booking platform is provided for corporate travelers, enabling last-minute reservations for flights and hotels, itinerary access, real-time messaging, and notifications on passport and visa expirations. Integration with HR systems supports employee connectivity, while travel reports are monitored. Operations are conducted as part of Travelport.
Who are the top competitors of Locomote?
Locomote's top competitors include TravelPerk, Egencia and Lanes & Planes.
What products or services does Locomote offer?
Locomote offers Locomote Platform, Travel Booking Service, and Safety and Reporting Tools.
Who are Locomote's investors?
Locomote has 1 investor. Key investors include Travelport.