About TripIt
TripIt is a company based in San Francisco (United States) founded in 2006 was acquired by Concur in January 2011.. TripIt has raised $13.1 million across 3 funding rounds from investors including Concur, Sabre and Azure Capital Partners. TripIt operates in a competitive market with competitors including Stippl, Fineway, Wanderlog, Aruba and ViaVii, among others.
- Headquarter San Francisco, United States
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Sectors
Travel & 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 Concur Technologies, Inc
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Funding Insights of TripIt
TripIt has successfully raised a total of $13.1M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $7 million completed in March 2010. 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 C — $7.0M
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First Round
First Round
(23 Apr 2007)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Series C - TripIt | Valuation |
investors |
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| Apr, 2008 | Amount | Series B - TripIt | Valuation |
investors |
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| Apr, 2007 | Amount | Series A - TripIt | Valuation |
investors |
| 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 TripIt
TripIt has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Concur, Sabre and Azure Capital 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 are targeted by Azure Capital Partners.
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Founded Year | Domain | Location | |
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US focused VC firm
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Founded Year | Domain | Location | |
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Provider of incubates and invests in internet and technology services
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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 TripIt
| 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 - TripIt
| 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 |
Tripit Comparisons
Competitors of TripIt
TripIt 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 Stippl, Fineway, Wanderlog, Aruba and ViaVii, 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 |
Online post-booking-based trip planning platform for travelers
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| domain | founded_year | HQ Location |
An AI-powered personal travel assistant for holiday bookings.
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| domain | founded_year | HQ Location |
App-based platform for trip planning
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| domain | founded_year | HQ Location |
Aruba is promoted as a premier island vacation destination.
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| domain | founded_year | HQ Location |
Tailor-made travel itineraries are provided by an AI-based platform.
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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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Latest news on Tripit
Frequently Asked Questions about TripIt
When was TripIt founded?
TripIt was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is TripIt located?
TripIt is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is TripIt a funded company?
TripIt is a funded company, having raised a total of $13.1M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Apr 23, 2007.
What does TripIt do?
TripIt was founded in 2006 in San Francisco, United States, and operates in the travel technology sector. A mobile app is offered for planning and organizing trips, with features including calendar synchronization after bookings, safety score displays, road trip mapping and navigation, airline terminal details, real-time alerts, and refund tracking. Availability is ensured on Android, iOS, and macOS platforms.
Who are the top competitors of TripIt?
Who are TripIt's investors?
TripIt has 5 investors. Key investors include Concur, Sabre, Azure Capital Partners, European Founders Fund, and O'Reilly AlphaTech Ventures.
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