About The Culture Trip
The Culture Trip is a company based in London (United Kingdom) founded in 2011 was acquired by U.S. News in February 2024.. The Culture Trip has raised $102 million across 3 funding rounds from investors including PPF Group, Gordy Crawford and U.S. News. The company has 191 employees as of December 31, 2020. The Culture Trip offers products and services including Travel Guides, Trips, and Trip Deals. The Culture Trip operates in a competitive market with competitors including NileGuide, Newport Media, Savoteur, Not In The Guidebooks and SmarterTravel, among others.
- Headquarter London, United Kingdom
- Employees 191 as on 31 Dec, 2020
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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
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- Legal Name The Culture Trip Ltd
- Date of Incorporation 22 Feb, 2011
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$1.68 M (USD)-36as on Sep 30, 2020
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Net Profit
$-42.75 M (USD)8as on Sep 30, 2020
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EBITDA
$-130.37 M (USD)9as on Sep 30, 2020
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Total Equity Funding
$102 M (USD)
in 3 rounds
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Latest Funding Round
$80 M (USD), Series B
Apr 24, 2018
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Investors
PPF Group
& 2 more
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Employee Count
191
as on Dec 31, 2020
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Acquired by
U.S. News
(Feb 27, 2024)
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Products & Services of The Culture Trip
The Culture Trip offers a comprehensive portfolio of products and services, including Travel Guides, Trips, and Trip Deals. 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.
Offers detailed guides for global destinations and attractions
Provides curated travel packages and bookings worldwide
Features seasonal discounts on adventure trips
Unlock access to complete
Funding Insights of The Culture Trip
The Culture Trip has successfully raised a total of $102M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $80 million completed in April 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 3
- Last Round Series B — $80.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series B - The Culture Trip | Valuation | PPF Group |
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| Oct, 2016 | Amount | Series A - The Culture Trip | Valuation | PPF Group |
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| Jun, 2015 | Amount | Seed - The Culture Trip | 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 The Culture Trip
The Culture Trip has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include PPF Group, Gordy Crawford and U.S. News. 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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PPF Group is engaged in international investment across diverse sectors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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GC
Gordy Crawford |
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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 The Culture Trip
| 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 - The Culture Trip
| 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 |
The Culture Trip Comparisons
Competitors of The Culture Trip
The Culture Trip 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 NileGuide, Newport Media, Savoteur, Not In The Guidebooks and SmarterTravel, 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 |
Online travel guides for global destinations are curated by locals.
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| domain | founded_year | HQ Location |
Low-power WiFi and Bluetooth solutions were developed for connected devices.
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| domain | founded_year | HQ Location |
Online platform offering tech news
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| domain | founded_year | HQ Location |
Online platform that provides local tour guides
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| domain | founded_year | HQ Location |
Travel content including tips, deals, and plans is published online.
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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 The Culture Trip
Frequently Asked Questions about The Culture Trip
When was The Culture Trip founded?
The Culture Trip was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is The Culture Trip located?
The Culture Trip is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is The Culture Trip a funded company?
The Culture Trip is a funded company, having raised a total of $102M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 01, 2015.
How many employees does The Culture Trip have?
As of Dec 31, 2020, the latest employee count at The Culture Trip is 191.
What is the annual revenue of The Culture Trip?
Annual revenue of The Culture Trip is $1.68M as on Sep 30, 2020.
What does The Culture Trip do?
TheCultureTrip is a digital media platform that publishes content on local culture with a focus on personalized content and recommendations. Publishes content on food, film, travel, music, art, design, literature, architecture, history, landmarks across the world. Articles are published by contributors across multiple through its 40 contributor hubs. Claims to have published over 30k articles, as of Nov 2016. Also, claims to have over 3M monthly readers and 1M social media followers, as of Nov 2016. Awarded as UK website of the year award for Arts Culture in 2014.
Who are the top competitors of The Culture Trip?
The Culture Trip's top competitors include Not In The Guidebooks, NileGuide and Newport Media.
What products or services does The Culture Trip offer?
The Culture Trip offers Travel Guides, Trips, and Trip Deals.
Who are The Culture Trip's investors?
The Culture Trip has 3 investors. Key investors include PPF Group, Gordy Crawford, and U.S. News.