About TravelJoy
TravelJoy is a company based in San Francisco (United States) founded in 2016.. TravelJoy has raised $10 million across 1 funding round from investors including Theresia Gouw, Founder Collective and Forerunner Ventures. The company has 18 employees as of December 31, 2022. TravelJoy offers products and services including CRM, Itinerary Builder, and Payment Processing. TravelJoy operates in a competitive market with competitors including Amadeus, Sabre, Travelport, Mondee and RateGain, among others.
- Headquarter San Francisco, United States
- Employees 18 as on 31 Dec, 2022
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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
$17 K (USD)0as on Aug 31, 2023
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Net Profit
$-482.4 (USD)0as on Aug 31, 2023
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Mar 01, 2024
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Investors
Founder Collective
& 4 more
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Employee Count
18
as on Dec 31, 2022
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Products & Services of TravelJoy
TravelJoy offers a comprehensive portfolio of products and services, including CRM, Itinerary Builder, and Payment Processing. 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.
Hub for communication, client details, and task management in travel operations.
Tool to create branded itineraries and proposals for travel clients.
Secure system for invoices, authorizations, and compliant transactions.
Unlock access to complete
Funding Insights of TravelJoy
TravelJoy has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in March 2024. 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 Series A — $10.0M
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First Round
First Round
(01 Mar 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series A - TravelJoy | Valuation | Theresia Gouw |
| 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 TravelJoy
TravelJoy has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Theresia Gouw, Founder Collective and Forerunner Ventures. 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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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location | |
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Financial and social capital is invested in visionary ventures.
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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 TravelJoy
| 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 - TravelJoy
| 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 |
Traveljoy Comparisons
Competitors of TravelJoy
TravelJoy 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 Amadeus, Sabre, Travelport, Mondee and RateGain, 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 |
SaaS-based operations management is provided for hospitality and aviation sectors.
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| domain | founded_year | HQ Location |
Business management solutions are offered to travel service providers.
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| domain | founded_year | HQ Location |
Blockchain and SaaS solutions are delivered for travel providers.
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| domain | founded_year | HQ Location |
SaaS solutions are delivered for travel professionals' tech needs.
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| domain | founded_year | HQ Location |
SaaS solutions for hospitality revenue and operations management are delivered.
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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 Traveljoy
Frequently Asked Questions about TravelJoy
When was TravelJoy founded?
TravelJoy was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is TravelJoy located?
TravelJoy is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is TravelJoy a funded company?
TravelJoy is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Mar 01, 2024.
How many employees does TravelJoy have?
As of Dec 31, 2022, the latest employee count at TravelJoy is 18.
What is the annual revenue of TravelJoy?
Annual revenue of TravelJoy is $17K as on Aug 31, 2023.
What does TravelJoy do?
TravelJoy was founded in 2016 in San Francisco, United States, within the travel technology sector. Business management solutions are provided for travel agencies, including white-label tools for package customization, online booking and payments processing, invoicing, customer data handling, and workflow automation. Operations are focused on streamlining agency functions through integrated software platforms.
Who are the top competitors of TravelJoy?
TravelJoy's top competitors include Amadeus, Travelport and Sabre.
What products or services does TravelJoy offer?
TravelJoy offers CRM, Itinerary Builder, and Payment Processing.
Who are TravelJoy's investors?
TravelJoy has 5 investors. Key investors include Theresia Gouw, Founder Collective, Forerunner Ventures, Westbound, and NFX.
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