Travefy

Lincoln, United States Founded: 2012 • Age: 14 yrs
An online and mobile group travel planner

About Travefy

Travefy is a company based in Lincoln (United States) founded in 2012.. Travefy has raised $2.37 million across 7 funding rounds from investors including Columbia University, Travel and Transport and Nebraska Global. Travefy has completed 2 acquisitions, including TripScope and Tripeese. Travefy operates in a competitive market with competitors including Key Concierge, minube, Tummoc, Travelshift and Eddy Travels, among others.

  • Headquarter Lincoln, United States
  • Sectors
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Travefy Incorporated
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.37 M (USD)

    in 7 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    TripScope

    & 1 more

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People of Travefy
Headcount 10-50
Employee Profiles 27
Employee Profiles
People
Scott Rutz
VP, Sales, Marketing, & Founding Team
People
Toby Schroder
Chief Product Officer
People
Danny Sassé
Software Engineer
People
Becky Henderson
Senior Software Engineer

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Funding Insights of Travefy

Travefy has successfully raised a total of $2.37M across 7 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 Rounds 7
  • Last Round
  • First Round

    (01 Jun 2013)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2016 Amount Series A - Travefy Valuation

investors

Feb, 2016 Amount Debt – Conventional - Travefy Valuation

investors

Apr, 2015 Amount Series A - Travefy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Travefy

Travefy has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Columbia University, Travel and Transport and Nebraska Global. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A venture capital fund focused on software companies is operated.
Founded Year Domain Location
-
Founded Year Domain Location
Early stage VC firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Travefy

Travefy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include TripScope and Tripeese. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Travelers' itineraries are planned via agent marketplace portal and app.
2013
Group travel is planned collaboratively via an online booking platform.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Travefy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Travefy Comparisons

Employees
+
Add Comparison
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Competitors of Travefy

Travefy 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 Key Concierge, minube, Tummoc, Travelshift and Eddy Travels, 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 first on-demand concierge service to build itineraries.
domain founded_year HQ Location
Online travel guides and trip planning are offered to users.
domain founded_year HQ Location
App-based platform offering real-time transit information and planning solutions
domain founded_year HQ Location
Online platform that provides pre-booked trip planning for travelers
domain founded_year HQ Location
Personalized travel recommendations are delivered through chat-based AI platforms.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Travefy

Frequently Asked Questions about Travefy

When was Travefy founded?

Travefy was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Travefy located?

Travefy is headquartered in Lincoln, United States. It is registered at Lincoln, Nebraska, United States.

Is Travefy a funded company?

Travefy is a funded company, having raised a total of $2.37M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.8M, raised on Jun 01, 2013.

What does Travefy do?

Travefy was founded in 2012 in Lincoln, United States, within the travel technology sector. Group travel planning and expense management are supported through an online and mobile platform, where trip details are collaborated on, shared itineraries are built, and expenses are collected jointly. Operations extend to travel agents and companies via features such as branded planners, custom sub-domains, advisor integrations, content embedding, and revenue-sharing models for group travel markets.

Who are the top competitors of Travefy?

Travefy's top competitors include Tummoc, Key Concierge and minube.

How many acquisitions has Travefy made?

Travefy has made 2 acquisitions, including TripScope, and Tripeese.

Who are Travefy's investors?

Travefy has 7 investors. Key investors include Columbia University, Travel and Transport, Nebraska Global, Linseed Capital, and Invest Nebraska.

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