About LuxuryEscapes
LuxuryEscapes is a company based in Melbourne (Australia) founded in 2011 by Mark H.. LuxuryEscapes has raised $70 million across 1 funding round from investors including Pier 12 Capital. The company has 22 employees as of April 06, 2024. LuxuryEscapes has completed 1 acquisition, including Porter and Sail. LuxuryEscapes offers products and services including Hotel Booking Platform, Tours and Cruises, and Ultra Lux Experiences. LuxuryEscapes operates in a competitive market with competitors including MakeMyTrip, Expedia, Qunar, Wotif and Webjet, among others.
- Headquarter Melbourne, Australia
- Employees 22 as on 06 Apr, 2024
- Founders Mark H
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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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- Legal Name Luxuryescapes Travel Private Limited
- Date of Incorporation 20 Jan, 2017
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$708.36 K (USD)9.14as on Jun 30, 2023
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Net Profit
$27.18 K (USD)-45.24as on Jun 30, 2023
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EBITDA
$62.71 K (USD)0.51as on Jun 30, 2023
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Total Equity Funding
$70 M (USD)
in 1 rounds
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Latest Funding Round
$70 M (USD), Series C
Feb 11, 2022
- Investors
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Employee Count
22
as on Apr 06, 2024
- Investments & Acquisitions
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Products & Services of LuxuryEscapes
LuxuryEscapes offers a comprehensive portfolio of products and services, including Hotel Booking Platform, Tours and Cruises, and Ultra Lux Experiences. 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.
Service for reserving luxury hotel stays worldwide
Platform for booking guided tours and cruises
Offers for premium travel activities and packages
Funding Insights of LuxuryEscapes
LuxuryEscapes has successfully raised a total of $70M through 1 strategic funding round. The most recent funding activity was a Series C round of $70 million completed in February 2022. 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 Series C — $70.0M
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First Round
First Round
(11 Feb 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series C - LuxuryEscapes | Valuation | Auctus |
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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 LuxuryEscapes
LuxuryEscapes has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Pier 12 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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Investment services are offered by Pier 12 Capital.
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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 LuxuryEscapes
LuxuryEscapes has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Porter and Sail. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based white-label solution for hotel guest services is offered.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LuxuryEscapes
| 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 |
Luxuryescapes Comparisons
Competitors of LuxuryEscapes
LuxuryEscapes 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 MakeMyTrip, Expedia, Qunar, Wotif and Webjet, 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 |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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| domain | founded_year | HQ Location |
Online travel agency
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| domain | founded_year | HQ Location |
App-based platform for travel bookings
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| domain | founded_year | HQ Location |
Domestic and international travel options are compared and booked online.
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| domain | founded_year | HQ Location |
Accommodations for travelers are booked through an app-based platform.
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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 Luxuryescapes
Frequently Asked Questions about LuxuryEscapes
When was LuxuryEscapes founded?
LuxuryEscapes was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Where is LuxuryEscapes located?
LuxuryEscapes is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Is LuxuryEscapes a funded company?
LuxuryEscapes is a funded company, having raised a total of $70M across 1 funding round to date. The company's 1st funding round was a Series C of $70M, raised on Feb 11, 2022.
How many employees does LuxuryEscapes have?
As of Apr 06, 2024, the latest employee count at LuxuryEscapes is 22.
What is the annual revenue of LuxuryEscapes?
Annual revenue of LuxuryEscapes is $708.36K as on Jun 30, 2023.
What does LuxuryEscapes do?
Luxury Escapes was founded in 2011 in Melbourne, Australia, and operates within the luxury travel sector. Handpicked travel ideas and exclusive special offers at insider prices are delivered through its online platform. Holiday travel and accommodation packages are made available, enabling customers to access savings on premium experiences. The company focuses on curated selections for global destinations, with operations centered in the Australian market.
Who are the top competitors of LuxuryEscapes?
LuxuryEscapes's top competitors include MakeMyTrip, Expedia and Qunar.
What products or services does LuxuryEscapes offer?
LuxuryEscapes offers Hotel Booking Platform, Tours and Cruises, and Ultra Lux Experiences.
How many acquisitions has LuxuryEscapes made?
LuxuryEscapes has made 1 acquisition, including Porter and Sail.
Who are LuxuryEscapes's investors?
LuxuryEscapes has 1 investor. Key investors include Pier 12 Capital.