About Travala
Travala is a company based in Hanoi (Vietnam) founded in 2016 by Steven Hipwell, Adam Chaplin, and Matthew Luczynski.. Travala has raised $1.62 million across 5 funding rounds from investors including Mohammad Maaz and Yellow. Travala offers products and services including Travel Booking Platform and Rewards Program. Travala operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.
- Headquarter Hanoi, Vietnam
- Founders Steven Hipwell, Adam Chaplin, Matthew Luczynski
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.62 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Yellow
& 1 more
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Employee Count
Employee Count
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Products & Services of Travala
Travala offers a comprehensive portfolio of products and services, including Travel Booking Platform and Rewards Program. 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 reserving hotels, flights, and activities with cryptocurrency options.
System offering discounts and rewards for repeat travel bookings.
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Funding Insights of Travala
Travala has successfully raised a total of $1.62M across 5 strategic funding rounds. 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 Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - Travala | Valuation |
investors |
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| Oct, 2020 | Amount | Seed - Travala | Valuation |
investors |
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| Jan, 2020 | Amount | Seed - Travala | Valuation |
investors |
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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 Travala
Travala has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Mohammad Maaz and Yellow. 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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Founded Year | Domain | Location | |
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Mohammad Maaz |
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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 Travala
| 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 - Travala
| 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 |
Travala Comparisons
Competitors of Travala
Travala 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 Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, 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 |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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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 Travala
Frequently Asked Questions about Travala
When was Travala founded?
Travala was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Travala located?
Travala is headquartered in Hanoi, Vietnam.
Is Travala a funded company?
Travala is a funded company, having raised a total of $1.62M across 5 funding rounds to date. The company's 1st funding round was a Seed of $373.84K, raised on Jul 11, 2019.
What does Travala do?
Founded in 2016 and based in Hanoi, Vietnam, Travala functions within the travel sector as a blockchain-enabled platform. Smart contracts and blockchain technology are utilized to establish a direct connection between travel service providers and consumers worldwide. Bookings are managed through a dedicated app available on iOS and Android devices, supporting various travel services.
Who are the top competitors of Travala?
Travala's top competitors include MakeMyTrip, Ixigo and Despegar.
What products or services does Travala offer?
Travala offers Travel Booking Platform and Rewards Program.
Who are Travala's investors?
Travala has 2 investors. Key investors include Mohammad Maaz, and Yellow.