About PlacePass
PlacePass is a company based in Cambridge (United States) founded in 2016 was acquired by Hopper in October 2021.. The company has 15 employees as of December 31, 2022. PlacePass operates in a competitive market with competitors including Klook, Viator, Tiqets, Sosh SF and WeTravel, among others.
- Headquarter Cambridge, United States
- Employees 15 as on 31 Dec, 2022
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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
*********
- Legal Name Etma, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Marriott Bonvoy
& 1 more
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Employee Count
15
as on Dec 31, 2022
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Acquired by
Hopper
(Oct 19, 2021)
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Funding Insights of PlacePass
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Series A - PlacePass | Valuation |
investors |
| 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 PlacePass
PlacePass has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Marriott Bonvoy and Hopper. 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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Global hotel accommodations and vacation rentals are provided by Marriott Bonvoy.
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Founded Year | Domain | Location | |
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AI-driven predictions for optimal travel booking times are provided.
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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 PlacePass
| 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 - PlacePass
| 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 |
Placepass Comparisons
Competitors of PlacePass
PlacePass 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, Viator, Tiqets, Sosh SF 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 |
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 |
Local activities and tours are booked via an app-based platform.
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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 |
Trips are discovered, planned, and booked through an AI-powered platform.
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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 Placepass
Frequently Asked Questions about PlacePass
When was PlacePass founded?
PlacePass was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is PlacePass located?
PlacePass is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
How many employees does PlacePass have?
As of Dec 31, 2022, the latest employee count at PlacePass is 15.
What does PlacePass do?
PlacePass was founded in 2016 in Cambridge, United States, within the travel booking sector. An online platform is provided for users to search, compare, and reserve tours and activities globally, using criteria such as location, pricing, and reviews. Over 10,000 activities from more than 180 countries are listed as of late 2016, with partnerships maintained alongside providers like Viator, Urban Adventures, CityPASS, and Groupon.
Who are the top competitors of PlacePass?
Who are PlacePass's investors?
PlacePass has 2 investors. Key investors include Marriott Bonvoy, and Hopper.
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