About My Real Trip
My Real Trip is a company based in Seoul (South Korea) founded in 2012.. My Real Trip has raised $98.9 million across 3 funding rounds from investors including Korean Development Bank, Vanderbilt University and Industrial Bank. My Real Trip has completed 2 acquisitions, including Iwa Trip and Start Trip. My Real Trip operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.
- Headquarter Seoul, South Korea
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name My Real Trip Co., Ltd.
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Annual Revenue
$46.37 M (USD)175as on Dec 31, 2023
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Net Profit
$24 M (USD)8as on Dec 31, 2023
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EBITDA
$24 M (USD)8as on Dec 31, 2023
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Total Equity Funding
$98.9 M (USD)
in 3 rounds
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Latest Funding Round
$56.7 M (USD), Series F
Jan 19, 2024
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Investors
Korean Development Bank
& 15 more
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Employee Count
Employee Count
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Investments & Acquisitions
Iwa Trip
& 1 more
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Funding Insights of My Real Trip
My Real Trip has successfully raised a total of $98.9M across 3 strategic funding rounds. The most recent funding activity was a Series F round of $56.7 million completed in January 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 3
- Last Round Series F — $56.7M
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First Round
First Round
(02 Nov 2017)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series F - My Real Trip | Valuation | BlueRun Ventures , IMM Investments | |
| Jul, 2020 | Amount | Series B - My Real Trip | Valuation | Altos Ventures Management | |
| Nov, 2017 | Amount | Series A - My Real Trip | Valuation | IMM Investment , IBK Capital |
| 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 My Real Trip
My Real Trip has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Korean Development Bank, Vanderbilt University and Industrial Bank. 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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Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in tech startups
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Founded Year | Domain | Location | |
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Early-stage companies are funded by this venture capital firm.
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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 My Real Trip
My Real Trip has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Iwa Trip and Start Trip. 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
|
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.
|
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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Travel guides for celebrity-visited spots are delivered via mobile app.
|
2020 | ||||
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Provider of blogs on multi topic services
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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 - My Real Trip
| 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 |
My Real Trip Comparisons
Competitors of My Real Trip
My Real Trip 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 Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, 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 |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 My Real Trip
Frequently Asked Questions about My Real Trip
When was My Real Trip founded?
My Real Trip was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is My Real Trip located?
My Real Trip is headquartered in Seoul, South Korea.
Is My Real Trip a funded company?
My Real Trip is a funded company, having raised a total of $98.9M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.2M, raised on Nov 02, 2017.
What is the annual revenue of My Real Trip?
Annual revenue of My Real Trip is $46.37M as on Dec 31, 2023.
What does My Real Trip do?
MyRealTrip is an online marketplace for travel services experiences. The company started off with a focus on tour guides attraction ticketpass sales and has expanded into a full-service online travel platform. The company partners with local tour operatorstravel agents, and enables users to search, compare book flight tickets, hotel rooms, car rentals, toursactivities, and travel insurance by specifying relevant details making payments. Additionally, users can also view location-specific guidebooks as well as plan apply for expedited visas digitally. Partner tour operators can manage their bookings payments via the back-end. Its mobile app is available for iOS and Android devices.
Who are the top competitors of My Real Trip?
My Real Trip's top competitors include MakeMyTrip, Ixigo and Despegar.
How many acquisitions has My Real Trip made?
My Real Trip has made 2 acquisitions, including Iwa Trip, and Start Trip.
Who are My Real Trip's investors?
My Real Trip has 16 investors. Key investors include Korean Development Bank, Vanderbilt University, Industrial Bank, Partech Partners, and Capstone Partners.