TripStack

Toronto, Canada Founded: 2016 • Age: 10 yrs Acquired By Etraveli
SaaS-based flight distribution and itinerary solutions for OTAs are delivered.
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About TripStack

TripStack is a company based in Toronto (Canada) founded in 2016 was acquired by Etraveli in June 2019.. TripStack has raised $6 million across 1 funding round from investors including Etraveli. The company has 84 employees as of December 31, 2024. TripStack offers products and services including TripStack API, Self-Connect Platform, and FareShare Caching Solution. TripStack operates in a competitive market with competitors including Mystifly, Travelzen, Datalex, Airlines Reporting Corporation and Radixx, among others.

  • Headquarter Toronto, Canada
  • Employees 84 as on 31 Dec, 2024
  • Sectors
    Travel & Hospitality
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Jun 27, 2018

  • Investors
  • Employee Count
    84

    as on Dec 31, 2024

  • Acquired by
    Etraveli

    (Jun 20, 2019)

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Products & Services of TripStack

TripStack offers a comprehensive portfolio of products and services, including TripStack API, Self-Connect Platform, and FareShare Caching Solution. 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.

Primary

Provides access to LCC, NDC, and Virtual Interlining flight content.

Enables airlines to retail Virtual Interlining fares securely.

Caches flight content to optimize pricing and marketing efforts.

People of TripStack
Headcount 50-200
Employee Profiles 59
Employee Profiles
People
Samantha Crisp
Manager, HR Operations
People
Prashant Kataria
Director Of Engineering
People
Mike Matkiwsky
Director Of Engineering
People
Justin Koreska
Senior Software Architect

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Funding Insights of TripStack

TripStack has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in June 2018. 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 Rounds 1
  • Last Round Series A — $6.0M
  • First Round

    (27 Jun 2018)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Series A - TripStack Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TripStack

TripStack has secured backing from 1 investor. Prominent investors backing the company include Etraveli. 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.

All
Investor Description Founded Year Domain Location
Hotels, flights, and tours are booked via Etraveli's online platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TripStack

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TripStack

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tripstack Comparisons

Employees
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Competitors of TripStack

TripStack 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 Mystifly, Travelzen, Datalex, Airlines Reporting Corporation and Radixx, 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-enabled solutions are provided for airline ticket booking agencies.
domain founded_year HQ Location
Booking engine for travel services
domain founded_year HQ Location
AI and web-enabled flight ancillary distribution and pricing engine solution provider
domain founded_year HQ Location
Secure platform for airline partnerships, transactions, and NDC implementation services.
domain founded_year HQ Location
Global distribution systems and tech solutions for airlines are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tripstack

Frequently Asked Questions about TripStack

When was TripStack founded?

TripStack was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is TripStack located?

TripStack is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Is TripStack a funded company?

TripStack is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Jun 27, 2018.

How many employees does TripStack have?

As of Dec 31, 2024, the latest employee count at TripStack is 84.

What does TripStack do?

TripStack was founded in 2016 in Toronto, Canada, within the travel technology sector. Flight distribution networks and itinerary solutions are offered through a SaaS model to online travel agencies. Key products include EFOE, a booking API that integrates global low-cost airlines, and TripBuilder, an API utilizing big data and algorithms to evaluate route combinations and pricing for cost-effective itineraries. Operations focus on API-driven tools for efficient flight access.

Who are the top competitors of TripStack?

TripStack's top competitors include Mystifly, Datalex and Travelzen.

What products or services does TripStack offer?

TripStack offers TripStack API, Self-Connect Platform, and FareShare Caching Solution.

Who are TripStack's investors?

TripStack has 1 investor. Key investors include Etraveli.

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