About SoWeTrip
SoWeTrip is a company based in Paris (France) founded in 2009.. SoWeTrip has raised $370 thousand across 1 funding round from investors including Paris Business Angels. The company has 1 employees as of July 01, 2024. SoWeTrip operates in a competitive market with competitors including Polarsteps, Tripoto, Atly, Travel Buddy and Thatch, among others.
- Headquarter Paris, France
- Employees 1 as on 01 Jul, 2024
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Sectors
Travel & HospitalityMedia & Entertainment
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$370 K (USD)
in 1 rounds
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Latest Funding Round
$370 K (USD), Seed
Jun 15, 2010
- Investors
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Employee Count
1
as on Jul 01, 2024
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Funding Insights of SoWeTrip
SoWeTrip has successfully raised a total of $370K through 1 strategic funding round. The most recent funding activity was a Seed round of $370 thousand completed in June 2010. 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 Seed — $370,000
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First Round
First Round
(15 Jun 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Seed - SoWeTrip | 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 SoWeTrip
SoWeTrip has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Paris Business Angels. 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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Investments are directed by the angel network toward multiple 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 SoWeTrip
| 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 - SoWeTrip
| 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 |
Sowetrip Comparisons
Competitors of SoWeTrip
SoWeTrip 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 Polarsteps, Tripoto, Atly, Travel Buddy and Thatch, 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 |
Mobile app to create and share travelogues
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| domain | founded_year | HQ Location |
Provider of a travelogue platform
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| domain | founded_year | HQ Location |
Favorite places are discovered and shared through interest-based groups.
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| domain | founded_year | HQ Location |
App-based platform for sharing & discovering travel stories
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| domain | founded_year | HQ Location |
Online platform for travelers to discover & share travel stories
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| domain | founded_year | HQ Location |
Online platform for getting personalized recommendations from local experts
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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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Frequently Asked Questions about SoWeTrip
When was SoWeTrip founded?
SoWeTrip was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is SoWeTrip located?
SoWeTrip is headquartered in Paris, France.
Is SoWeTrip a funded company?
SoWeTrip is a funded company, having raised a total of $370K across 1 funding round to date. The company's 1st funding round was a Seed of $370K, raised on Jun 15, 2010.
How many employees does SoWeTrip have?
As of Jul 01, 2024, the latest employee count at SoWeTrip is 1.
What does SoWeTrip do?
SoWeTrip was founded in 2009 in Paris, France, as a social network focused on travel. Users are enabled to create tripbooks for sharing tips and itineraries about places. Knowledge exchange among travelers is facilitated through these features. Acquisition by Easy Voyage occurred, and operations are now integrated into the Easy Voyage group within the travel sector.
Who are the top competitors of SoWeTrip?
SoWeTrip's top competitors include Atly, Thatch and Polarsteps.
Who are SoWeTrip's investors?
SoWeTrip has 1 investor. Key investors include Paris Business Angels.