About Snaptrip
Snaptrip is a company based in London (United Kingdom) founded in 2014.. Snaptrip has raised $9.3 million across 5 funding rounds from investors including Seedrs, Envestors and Bestport Private Equity. The company has 14 employees as of September 30, 2018. Snaptrip has completed 3 acquisitions, including Iknow, Last Minute Cottages and Late Lettings. Snaptrip offers products and services including Holiday Booking Platform and Member Discounts Service. Snaptrip operates in a competitive market with competitors including Staze and LateCottages, among others.
- Headquarter London, United Kingdom
- Employees 14 as on 30 Sep, 2018
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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- Legal Name Snaptrip Group Limited
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Products & Services of Snaptrip
Snaptrip offers a comprehensive portfolio of products and services, including Holiday Booking Platform and Member Discounts Service. 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.
Platform for searching and reserving UK holiday accommodations
Service offering exclusive deals for registered users
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Leadership Team
3 people
CTO Team
1 people
Data Analysis and Operations Team
1 people
Customer Team
1 people
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Funding Insights of Snaptrip
Snaptrip has successfully raised a total of $9.3M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2.84 million completed in January 2018. 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 5
- Last Round Series A — $2.8M
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First Round
First Round
(20 Jan 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Series A - Snaptrip | Valuation | Bestport Private Equity | |
| Jan, 2018 | Amount | Series A - Snaptrip | Valuation |
investors |
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| Oct, 2017 | Amount | Series A - Snaptrip | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Snaptrip
Snaptrip has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Seedrs, Envestors and Bestport Private Equity. 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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Private equity capital is provided to UK lower-mid market companies.
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Founded Year | Domain | Location | |
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Venture capital is provided by Molten Ventures to tech leaders.
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Founded Year | Domain | Location | |
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Venture capital fund focused on digital, science, and technology sectors
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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 Snaptrip
Snaptrip has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Iknow, Last Minute Cottages and Late Lettings. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online platform for travelers to book vacation rental properties
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2011 | ||||
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Provider of travel agency services
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2011 | ||||
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Online platform to book travel accommodation
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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 - Snaptrip
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Snaptrip Comparisons
Competitors of Snaptrip
Snaptrip 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 Staze and LateCottages, 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 |
Last-minute vacation rental deals are discovered via the Staze app.
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| domain | founded_year | HQ Location |
Online marketplace for booking UK holiday cottages, apartments, and lodges.
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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 Snaptrip
Frequently Asked Questions about Snaptrip
When was Snaptrip founded?
Snaptrip was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Snaptrip located?
Snaptrip is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Snaptrip a funded company?
Snaptrip is a funded company, having raised a total of $9.3M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.33M, raised on Jan 20, 2015.
How many employees does Snaptrip have?
As of Sep 30, 2018, the latest employee count at Snaptrip is 14.
What does Snaptrip do?
Snaptrip was founded in 2014 and is headquartered in London, United Kingdom. Operations focus on the travel sector, where a marketplace platform is maintained for last-minute bookings of holiday rentals across the UK. Users are facilitated in discovering available properties, comparing options, and completing reservations with applicable discounts. The service covers various rental types suitable for short-notice travel needs.
Who are the top competitors of Snaptrip?
Snaptrip's top competitors include Staze and LateCottages.
What products or services does Snaptrip offer?
Snaptrip offers Holiday Booking Platform and Member Discounts Service.
How many acquisitions has Snaptrip made?
Snaptrip has made 3 acquisitions, including Iknow, Last Minute Cottages, and Late Lettings.
Who are Snaptrip's investors?
Snaptrip has 7 investors. Key investors include Seedrs, Envestors, Bestport Private Equity, Molten Ventures, and Matthew Witt.