About Mindtrip
Mindtrip is a company based in Palo Alto (United States) founded in 2023 by Jordan Castillo, Garrick Toubassi, Elsa Kawai, Vincent Lo, Manish Dubey, Andy Moss, Prakoon Chen, Trey Matteson, Katherine Wang, and Jesse Hart.. Mindtrip has raised $19 million across 2 funding rounds from investors including Forerunner Ventures, Costanoa Venture and Costanoa. Mindtrip operates in a competitive market with competitors including Klook, Character.ai, Viator, Tiqets and WeTravel, among others.
- Headquarter Palo Alto, United States
- Founders Jordan Castillo, Garrick Toubassi, Elsa Kawai, Vincent Lo, Manish Dubey, Andy Moss, Prakoon Chen, Trey Matteson, Katherine Wang, Jesse Hart
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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
$19 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Sep 17, 2024
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Investors
Forerunner Ventures
& 2 more
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Employee Count
Employee Count
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Funding Insights of Mindtrip
Mindtrip has successfully raised a total of $19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in September 2024. 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 2
- Last Round Series A — $12.0M
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First Round
First Round
(08 Sep 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2024 | Amount | Series A - Mindtrip | Valuation | Forerunner Ventures , Costanoa Venture |
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| Sep, 2023 | Amount | Seed - Mindtrip | Valuation | Costanoa |
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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 Mindtrip
Mindtrip has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Forerunner Ventures, Costanoa Venture and Costanoa. 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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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location | |
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Tech focused Early stage VC Firm investing in the US
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Founded Year | Domain | Location | |
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Venture capital firm focused on early stage fintech, data, AI, and security companies
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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 Mindtrip
| 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 - Mindtrip
| 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 |
Mindtrip Comparisons
Competitors of Mindtrip
Mindtrip 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 Klook, Character.ai, Viator, Tiqets and WeTravel, 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 |
Tours and travel activities are booked through an app-based platform.
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| domain | founded_year | HQ Location |
AI-based conversational solutions are provided for user interactions and learning.
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| domain | founded_year | HQ Location |
Tours and activities are discovered and booked online.
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| domain | founded_year | HQ Location |
Ticket booking platform for travel attractions and events
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| domain | founded_year | HQ Location |
Group trips are created and managed through an online platform.
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| domain | founded_year | HQ Location |
Local activities and tours are booked via 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 Mindtrip
Frequently Asked Questions about Mindtrip
When was Mindtrip founded?
Mindtrip was founded in 2023.
Where is Mindtrip located?
Mindtrip is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Mindtrip?
Andy Moss is the current CEO of Mindtrip. They have also founded this company.
Is Mindtrip a funded company?
Mindtrip is a funded company, having raised a total of $19M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7M, raised on Sep 08, 2023.
What does Mindtrip do?
Founded in 2023 and based in Palo Alto, United States, Mindtrip operates as an AI-driven platform in the travel technology sector. Travel activities are discovered, planned, and booked by users who submit locations, personal details, and payment information. Services encompass itinerary customization and seamless reservations, with operations focused on enhancing user convenience in the global travel market.
Who are the top competitors of Mindtrip?
Mindtrip's top competitors include Character.ai, Klook and Viator.
Who are Mindtrip's investors?
Mindtrip has 3 investors. Key investors include Forerunner Ventures, Costanoa Venture, and Costanoa.
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