About Travergence
Travergence is a company based in Victoria (Canada) founded in 2010. It operates as a B2C. Travergence has raised $750 thousand across 1 funding round. Travergence operates in a competitive market with competitors including Guiides, Trovy App, WishBox, Retrigo and Trapeer, among others.
- Headquarter Victoria, Canada
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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
$750 K (USD)
in 1 rounds
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Latest Funding Round
$750 K (USD), Seed
Jul 29, 2011
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Investors
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Employee Count
Employee Count
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Funding Insights of Travergence
Travergence has successfully raised a total of $750K through 1 strategic funding round. The most recent funding activity was a Seed round of $750 thousand completed in July 2011. 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 Seed — $750,000
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First Round
First Round
(29 Jul 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2011 | Amount | Seed - Travergence | 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 |
Investments & Acquisitions by Travergence
| 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 - Travergence
| 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 |
Travergence Comparisons
Competitors of Travergence
Travergence 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 Guiides, Trovy App, WishBox, Retrigo and Trapeer, 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 |
Adventure tours and activities are discovered and booked online.
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| domain | founded_year | HQ Location |
It serves as a discovery of events and concerts.
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| domain | founded_year | HQ Location |
Experiences and activities are sent as digital gifts via WishBox.
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| domain | founded_year | HQ Location |
Digital marketplace for health and wellness experiences.
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| domain | founded_year | HQ Location |
Operates a digital hub connecting users with local tour operators for seamless 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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Frequently Asked Questions about Travergence
When was Travergence founded?
Travergence was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Travergence located?
Travergence is headquartered in Victoria, Canada. It is registered at Victoria, British Columbia, Canada.
Is Travergence a funded company?
Travergence is a funded company, having raised a total of $750K across 1 funding round to date. The company's 1st funding round was a Seed of $750K, raised on Jul 29, 2011.
What does Travergence do?
Travergence, founded in 2010 in Victoria, Canada, focuses on travel and hospitality, online travel, activity booking, and platform services. Offers a versatile platform for users to book a variety of activities easily. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
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