About Trover
Trover is a company based in Seattle (United States) founded in 2010 was acquired by Expedia in July 2016.. Trover has raised $12.3 million across 2 funding rounds from investors including Expedia, Concur and General Catalyst. Trover offers products and services including Travel Community Platform and Content Blog Service. Trover operates in a competitive market with competitors including Couchsurfing, Grabr, Tripoto, Mafengwo and Travel Buddy, among others.
- Headquarter Seattle, United States
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Sectors
Media & EntertainmentTravel & Hospitality
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Phone
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Website
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Social
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Products & Services of Trover
Trover offers a comprehensive portfolio of products and services, including Travel Community Platform and Content Blog Service. 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.
Online service for sharing and discovering travel experiences and tips.
Platform providing articles and tips on vacations and travel planning.
Funding Insights of Trover
Trover has successfully raised a total of $12.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in July 2013. 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 2
- Last Round Series A — $2.5M
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First Round
First Round
(05 Mar 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Series A - Trover | Valuation | Concur | |
| Mar, 2010 | Amount | Series A - Trover | 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 Trover
Trover has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Expedia, Concur and General Catalyst. 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 and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Corporate travel expenses and invoices are managed via SaaS platform.
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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 Trover
| 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 - Trover
| 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 |
Trover Comparisons
Competitors of Trover
Trover 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 Couchsurfing, Grabr, Tripoto, Mafengwo and Travel Buddy, 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 |
Travelers are connected with locals for home-sharing experiences globally.
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| domain | founded_year | HQ Location |
Parcels are sent through travelers on a social marketplace platform.
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| domain | founded_year | HQ Location |
Provider of a travelogue platform
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| domain | founded_year | HQ Location |
User-generated travel reviews and guides are shared online.
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| domain | founded_year | HQ Location |
App-based platform for sharing & discovering travel stories
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| domain | founded_year | HQ Location |
Travels are recorded, shared, and recovered through a mobile application.
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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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| 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 Trover
Frequently Asked Questions about Trover
When was Trover founded?
Trover was founded in 2010.
Where is Trover located?
Trover is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Trover a funded company?
Trover is a funded company, having raised a total of $12.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9.8M, raised on Mar 05, 2010.
What does Trover do?
Trover was founded in 2010 in Seattle, United States, as an online social platform focused on travel. Content such as pictures, tips, and inspirations is shared by members, with location tags integrated for context. Operations center on user-generated contributions to build a community resource. A mobile application is offered exclusively for Android devices, supporting access to these features.
Who are the top competitors of Trover?
Trover's top competitors include Grabr, Couchsurfing and Mafengwo.
What products or services does Trover offer?
Trover offers Travel Community Platform and Content Blog Service.
Who are Trover's investors?
Trover has 4 investors. Key investors include Expedia, Concur, General Catalyst, and Benchmark.
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