About Lucid Travel
Lucid Travel is a company based in Charlotte (United States) founded in 2016 by Ben Knosby was acquired by Hotel Planner in August 2023. It operates as a SaaS (Software-as-a-Service), and Commission-Based. Lucid Travel offers products and services including Sports Team Travel, Tournament Director Tools, and University Travel Solutions. Lucid Travel operates in a competitive market with competitors including TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, among others.
- Headquarter Charlotte, United States
- Founders Ben Knosby
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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
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- Legal Name Lucid Travel, A Hotelplanner.Com Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Hotel Planner
(Aug 09, 2023)
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Products & Services of Lucid Travel
Lucid Travel offers a comprehensive portfolio of products and services, including Sports Team Travel, Tournament Director Tools, and University Travel Solutions. 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.
Travel solutions for sports teams are provided efficiently.
Hotel automation for tournaments is managed seamlessly here.
Custom travel discounts for universities are offered effectively.
Funding Insights of Lucid Travel
| 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 Lucid Travel
Lucid Travel has secured backing from 1 investor. Prominent investors backing the company include Hotel Planner. 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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Functions as an app-based marketplace for group hotel reservations via reverse auctions.
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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 Lucid Travel
| 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 - Lucid Travel
| 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 |
Lucid Travel Comparisons
Competitors of Lucid Travel
Lucid Travel 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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Provider of corporate travel management solutions
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Corporate travel solutions are offered to business travelers worldwide.
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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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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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Frequently Asked Questions about Lucid Travel
When was Lucid Travel founded?
Lucid Travel was founded in 2016.
Where is Lucid Travel located?
Lucid Travel is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of Lucid Travel?
Ben Knosby is the current CEO of Lucid Travel. They have also founded this company.
What does Lucid Travel do?
Travel management solutions are offered by Lucid Travel, focusing on sports teams, tournament directors, universities, and individual travelers. Services are provided across the sports tourism sector, integrating with leading sports technology companies. Custom travel pages and automated hotel discounts are developed to simplify bookings. Room block setups and exclusive discounts up to 60 off are facilitated through partnerships with major travel platforms. Cashback incentives and streamlined reservation tracking are also included in the offerings.
Who are the top competitors of Lucid Travel?
Lucid Travel's top competitors include TravelPerk, Egencia and Lanes & Planes.
What products or services does Lucid Travel offer?
Lucid Travel offers Sports Team Travel, Tournament Director Tools, and University Travel Solutions.
Who are Lucid Travel's investors?
Lucid Travel has 1 investor. Key investors include Hotel Planner.