About Travelpro
Travelpro is a company based in Boca Raton (United States) founded in 1987 was acquired by MidOcean Partners in May 2016.. Travelpro has completed 1 acquisition, including Bluesmart. Travelpro offers products and services including Luggage and Accessories.
- Headquarter Boca Raton, United States
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Sectors
Consumer
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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 Travelpro Products, Inc
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of Travelpro
Travelpro offers a comprehensive portfolio of products and services, including Luggage and Accessories. 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.
Suitcases and bags are manufactured and sold by Travelpro for various travel needs, focusing on durability and functionality.
Items such as packing cubes and toiletry bags are provided by Travelpro to assist with organization during trips.
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Funding Insights of Travelpro
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2005 | Amount | Private Equity Round - Travelpro | Valuation |
investors |
| 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 |
Investors in Travelpro
Travelpro has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Caisse de depot et placement du Quebec, MidOcean Partners and Borealis Capital. 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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Investment strategies are provided across diverse asset classes and markets.
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Founded Year | Domain | Location | |
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Private equity and debt fund focused on consumer and business services sectors
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Delivers investment management services focused on portfolio construction and risk assessment.
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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 Travelpro
Travelpro has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bluesmart. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provides smartphone-controlled suitcases.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Travelpro
| 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 |
Travelpro Comparisons
Competitors of Travelpro
| 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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Frequently Asked Questions about Travelpro
When was Travelpro founded?
Travelpro was founded in 1987 and raised its 1st funding round 18 years after it was founded.
Where is Travelpro located?
Travelpro is headquartered in Boca Raton, United States. It is registered at Boca Raton, Florida, United States.
Who is the current CEO of Travelpro?
Kim Ballis is the current CEO of Travelpro.
What does Travelpro do?
Travelpro was founded in 1987 and is headquartered in Boca Raton, United States, within the travel goods sector. Carry-on and checked luggage in hardside and softside forms, along with backpacks, packing cubes, and toiletry bags, are designed and produced. Differentiation occurs through variations in wheel types, sizes, and materials. Durability and innovative features are prioritized in the product offerings. Warranty and repair services are extended to customers.
What products or services does Travelpro offer?
Travelpro offers Luggage and Accessories.
How many acquisitions has Travelpro made?
Travelpro has made 1 acquisition, including Bluesmart.
Who are Travelpro's investors?
Travelpro has 3 investors. Key investors include Caisse de depot et placement du Quebec, MidOcean Partners, and Borealis Capital.
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