About TravelTime
TravelTime is a company based in London (United Kingdom) founded in 2009.. TravelTime has raised $4.3 million across 3 funding rounds from investors including ETF Partners. TravelTime offers products and services including Matrix API, Isochrone API, Routes API, and Geocoding API. TravelTime operates in a competitive market with competitors including Waze, onXmaps, MapQuest, YAMAP and Easol, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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Sectors
TechnologyTravel & 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 Traveltime Technologies Ltd
- Date of Incorporation 29 Jul, 2009
- Jurisdiction WOKING, SURREY, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.3 M (USD)
in 3 rounds
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Latest Funding Round
$3.99 M (USD), Series A
May 16, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of TravelTime
TravelTime offers a comprehensive portfolio of products and services, including Matrix API, Isochrone API, Routes API, and Geocoding API. 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.
Calculates multi-modal travel times between multiple locations.
Generates areas based on maximum travel time limits.
Provides turn-by-turn directions for A to B routes.
Matches addresses to geographic coordinates accurately.
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Software Development Team
4 people
Leadership Team
1 people
Web Team
1 people
Junior Team
1 people
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Funding Insights of TravelTime
TravelTime has successfully raised a total of $4.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.99 million completed in May 2019. 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 A — $4.0M
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First Round
First Round
(07 Sep 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2019 | Amount | Series A - TravelTime | Valuation | ETF Partners |
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| Sep, 2013 | Amount | Seed - TravelTime | Valuation |
investors |
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| Sep, 2011 | Amount | Seed - TravelTime | 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 TravelTime
TravelTime has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ETF Partners. 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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Early-stage investments in tech and energy sectors are targeted.
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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 TravelTime
| 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 - TravelTime
| 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 |
Traveltime Comparisons
Competitors of TravelTime
TravelTime 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 Waze, onXmaps, MapQuest, YAMAP and Easol, 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 |
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| domain | founded_year | HQ Location |
Navigation and carpooling services are provided via a mobile app.
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| domain | founded_year | HQ Location |
Online maps for land ownership and outdoor navigation are provided.
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| domain | founded_year | HQ Location |
Mapping applications and driving directions are provided for travel.
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| domain | founded_year | HQ Location |
Mountaineering map application for offline smartphone tracking is provided.
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Easol is recognized as an all-in-one platform for experience creators.
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| domain | founded_year | HQ Location |
3D terrain maps for outdoor adventures are provided to skiers.
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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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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 Traveltime
Frequently Asked Questions about TravelTime
When was TravelTime founded?
TravelTime was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is TravelTime located?
TravelTime is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is TravelTime a funded company?
TravelTime is a funded company, having raised a total of $4.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $183.8K, raised on Sep 07, 2011.
What does TravelTime do?
TravelTime was founded in 2009 in London, United Kingdom, as a provider of mapping and data analytics tools within the travel technology sector. Services encompass API pricing, GIS mapping, marketing support, and route planning software for travel service providers. Key products include TravelTime Search, which enables location searches on websites, and TravelTime Analytics, which supports location-based analysis. Operations focus on enhancing travel-related data processing and visualization.
Who are the top competitors of TravelTime?
What products or services does TravelTime offer?
TravelTime offers Matrix API, Isochrone API, Routes API, and Geocoding API.
Who are TravelTime's investors?
TravelTime has 1 investor. Key investors include ETF Partners.
What is TravelTime's valuation?
The valuation of TravelTime is $4.35M as of Sep 2013.
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