About SmarterTravel
SmarterTravel is a company based in Boston (United States) founded in 1998 by Daniel Sau was acquired by TripAdvisor in April 2007.. SmarterTravel has raised $9.5 million across 1 funding round from investors including TripAdvisor, Link Ventures and Second Alpha Partners. SmarterTravel offers products and services including Newsletter, Travel News, and Deals Platform. SmarterTravel operates in a competitive market with competitors including MapsWithMe, Triple, MeinProspekt, Atlas Obscura and Discover Los Angeles, among others.
- Headquarter Boston, United States
- Founders Daniel Sau
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Sectors
Media & EntertainmentTravel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Smarter Travel Media Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.5 M (USD)
in 1 rounds
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Latest Funding Round
$9.5 M (USD), Series B
Sep 15, 2021
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Investors
TripAdvisor
& 2 more
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Employee Count
Employee Count
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Acquired by
TripAdvisor
(Apr 16, 2007)
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Products & Services of SmarterTravel
SmarterTravel offers a comprehensive portfolio of products and services, including Newsletter, Travel News, and Deals Platform. 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.
Delivers daily travel tips and deals to subscribers
Provides updates on destinations and travel gear reviews
Offers comparisons for flights, hotels, and vacations
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Funding Insights of SmarterTravel
SmarterTravel has successfully raised a total of $9.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $9.5 million completed in September 2021. 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 B — $9.5M
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First Round
First Round
(15 Sep 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series B - SmarterTravel | Valuation | Link Ventures , Second Alpha |
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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 SmarterTravel
SmarterTravel has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include TripAdvisor, Link Ventures and Second Alpha Partners. 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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Link Ventures is focused on investing in AI startups.
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Founded Year | Domain | Location | |
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Asset management and venture capital are focused on multiple sectors.
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Founded Year | Domain | Location | |
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Travel and accommodation reviews are provided through an app-based platform.
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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 SmarterTravel
| 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 - SmarterTravel
| 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 |
Smartertravel Comparisons
Competitors of SmarterTravel
SmarterTravel 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 MapsWithMe, Triple, MeinProspekt, Atlas Obscura and Discover Los Angeles, 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 |
Provider of an app for travel guidance and navigation
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| domain | founded_year | HQ Location |
AR visualization tools are supplied to e-tailers for online integration.
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| domain | founded_year | HQ Location |
City directory and deals
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| domain | founded_year | HQ Location |
Unconventional places are documented and shared via user-generated content.
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| domain | founded_year | HQ Location |
Operates an online platform providing travel guides for users.
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| domain | founded_year | HQ Location |
Online travel guides for global destinations are curated by locals.
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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 Smartertravel
Frequently Asked Questions about SmarterTravel
When was SmarterTravel founded?
SmarterTravel was founded in 1998 and raised its 1st funding round 23 years after it was founded.
Where is SmarterTravel located?
SmarterTravel is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of SmarterTravel?
Daniel Sau is the current CEO of SmarterTravel. They have also founded this company.
Is SmarterTravel a funded company?
SmarterTravel is a funded company, having raised a total of $9.5M across 1 funding round to date. The company's 1st funding round was a Series B of $9.5M, raised on Sep 15, 2021.
What does SmarterTravel do?
SmarterTravel was founded in 1998 in Boston, United States. An online platform is operated in the travel media sector, where content on destinations and itineraries is published. Services such as expert guidance, travel tips, stories, deals, and schedule planning are offered to users. The focus remains on informational resources for travelers across various locations.
Who are the top competitors of SmarterTravel?
SmarterTravel's top competitors include Atlas Obscura, MapsWithMe and MeinProspekt.
What products or services does SmarterTravel offer?
SmarterTravel offers Newsletter, Travel News, and Deals Platform.
Who are SmarterTravel's investors?
SmarterTravel has 3 investors. Key investors include TripAdvisor, Link Ventures, and Second Alpha Partners.