About Viking Cruises
Viking Cruises is a company based in Los Angeles (United States) founded in 1997 was acquired by China Merchants Bank in April 2021. It operates as a Direct-to-Consumer (D2C). Viking Cruises has raised $500 million across 4 funding rounds from investors including China Merchants Bank, TPG and CPP Investments. Viking Cruises offers products and services including River Cruises, Ocean Cruises, and Expedition Cruises.
- Headquarter Los Angeles, United States
- Stage Public
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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
*********
- Legal Name Viking Cruises
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 M (USD)
in 4 rounds
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Latest Funding Round
$150 M (USD), Debt – Conventional
Oct 25, 2021
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Investors
China Merchants Bank
& 2 more
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Employee Count
Employee Count
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Acquired by
China Merchants Bank
(Apr 27, 2021)
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Products & Services of Viking Cruises
Viking Cruises offers a comprehensive portfolio of products and services, including River Cruises, Ocean Cruises, and Expedition Cruises. 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.
River cruises are offered across various global destinations.
Ocean cruises are provided to explore worldwide coastal regions.
Expedition cruises are arranged for unique, remote global locations.
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Funding Insights of Viking Cruises
Viking Cruises has successfully raised a total of $500M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in October 2021. 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 4
- Last Round Debt – Conventional — $150.0M
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First Round
First Round
(17 Oct 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Debt – Conventional - Viking Cruises | Valuation |
investors |
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| Mar, 2021 | Amount | Debt – Conventional - Viking Cruises | Valuation |
investors |
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| Nov, 2020 | Amount | Unspecified - Viking Cruises | Valuation | TPG , CPP Investments |
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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 Viking Cruises
Viking Cruises has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include China Merchants Bank, TPG and CPP Investments. 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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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Pension fund assets are managed for sustainable long-term growth.
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Founded Year | Domain | Location | |
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Diversified banking and wealth management services are provided in China.
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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 Viking Cruises
| 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 - Viking Cruises
| 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 |
Viking Cruises Comparisons
Competitors of Viking Cruises
| 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 Viking Cruises
When was Viking Cruises founded?
Viking Cruises was founded in 1997 and raised its 1st funding round 19 years after it was founded.
Where is Viking Cruises located?
Viking Cruises is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Viking Cruises a funded company?
Viking Cruises is a funded company, having raised a total of $500M across 4 funding rounds to date.
What does Viking Cruises do?
Viking Cruises is involved in offering a range of cruise travel services, including river, ocean, and expedition cruises. Operations span across seven continents, covering destinations in Europe, Asia, North America, South America, Australia, and Antarctica. Various cruise types such as world cruises and grand journeys are provided to cater to diverse travel preferences. The focus is placed on delivering unique travel experiences through curated itineraries and specialized voyages.
What products or services does Viking Cruises offer?
Viking Cruises offers River Cruises, Ocean Cruises, and Expedition Cruises.
Who are Viking Cruises's investors?
Viking Cruises has 3 investors. Key investors include China Merchants Bank, TPG, and CPP Investments.
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