NextTrip

Weston, United States Founded: 2002 • Age: 24 yrs Acquired By Sigma Additive Solutions,
Online travel agent for booking accommodation and transport

About NextTrip

NextTrip is a company based in Weston (United States) founded in 2002 was acquired by Sigma Additive Solutions, in October 2023.. NextTrip has completed 1 acquisition, including TA Pipeline. NextTrip operates in a competitive market with competitors including TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, among others.

  • Headquarter Weston, United States
  • Sectors
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
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People of NextTrip
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Lori Ann Rice
Vice President Operations
People
Loïc Argelies
Chief Product & Technology Officer
People
Amy Proost
Chief Sales & Operations Officer
People
Abby Oliver
VP Of Sales

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Funding Insights of NextTrip

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in NextTrip

NextTrip has secured backing from 1 investor. Prominent investors backing the company include Sigma Additive Solutions,. 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.

All
Investor Description Founded Year Domain Location
Provider of 3D printing services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NextTrip

NextTrip has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TA Pipeline. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Booking solutions for travel agents are provided via SaaS platform.
2021
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - NextTrip

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nexttrip Comparisons

Employees
+
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Competitors of NextTrip

NextTrip 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
domain founded_year HQ Location
SaaS-driven corporate travel management & booking engine platform
domain founded_year HQ Location
Provider of corporate travel management solutions
domain founded_year HQ Location
Corporate travel solutions are offered to business travelers worldwide.
domain founded_year HQ Location
Corporate travel bookings are managed via a text-based online platform.
domain founded_year HQ Location
SaaS travel management is offered for business travelers' bookings.
domain founded_year HQ Location
Cloud-based expense management and booking tools SMBs
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nexttrip

Frequently Asked Questions about NextTrip

When was NextTrip founded?

NextTrip was founded in 2002.

Where is NextTrip located?

NextTrip is headquartered in Weston, United States. It is registered at Weston, Florida, United States.

What does NextTrip do?

NextTrip was established in 2002 in Weston, United States, as an online travel agent within the tourism sector. Bookings for hotels, resorts, vacation rentals, unused timeshares, airlines, and car rentals are enabled through its platform, which supports intercity travel arrangements. The service operates as the primary online booking portal for the Monaker Group, facilitating access to various lodging and transportation options for users.

Who are the top competitors of NextTrip?

NextTrip's top competitors include TravelPerk, Egencia and Lanes & Planes.

How many acquisitions has NextTrip made?

NextTrip has made 1 acquisition, including TA Pipeline.

Who are NextTrip's investors?

NextTrip has 1 investor. Key investors include Sigma Additive Solutions,.

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