WAUG Travel

Seoul, South Korea Founded: 2015 • Age: 11 yrs
Tours and activities are booked via an online marketplace.
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About WAUG Travel

WAUG Travel is a company based in Seoul (South Korea) founded in 2015 by Hyemi Jung.. WAUG Travel has raised $22.1 million across 5 funding rounds from investors including LB Investment, Company K Partners and OpenWaterINV. WAUG Travel offers products and services including WAUG-Transit Cards, WAUG-Ferries, eSIM Services, and Tour Tickets. WAUG Travel operates in a competitive market with competitors including Klook, Fever, Ticket Master, OnOffMix and Ticketlink, among others.

  • Headquarter Seoul, South Korea
  • Founders Hyemi Jung
  • Sectors
    Travel & Hospitality
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Waug Inc.
Operational Areas
Travel & Hospitality → Tourism Development & Attractions
Media & Entertainment → Sports, Events & Attractions
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22.1 M (USD)

    in 5 rounds

  • Latest Funding Round
    $10 M (USD), Series C

    Nov 05, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of WAUG Travel

WAUG Travel offers a comprehensive portfolio of products and services, including WAUG-Transit Cards, WAUG-Ferries, eSIM Services, and Tour Tickets. 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

Platform for purchasing transit cards for trains and ferries.

Service for booking ferry tickets in Europe.

Unlimited data eSIM for international travel needs.

Tickets for attractions and guided tours worldwide.

People of WAUG Travel
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Yoon Sunwoo
CEO & Co-Founder
People
Hyemi Jung
Chief Operating Officer & Co-Founder
People
Kevin Asio
Global Business Manager
People
Minji Kim
Business Manager

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Funding Insights of WAUG Travel

WAUG Travel has successfully raised a total of $22.1M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in November 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 Rounds 5
  • Last Round Series C — $10.0M
  • First Round
  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Series C - WAUG Travel Valuation

investors

May, 2019 Amount Series C - WAUG Travel Valuation LB Investment
Jun, 2017 Amount Series B - WAUG Travel 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 WAUG Travel

WAUG Travel has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include LB Investment, Company K Partners and OpenWaterINV. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by OpenWaterINV venture capital fund.
Founded Year Domain Location
-
Founded Year Domain Location
Financial support is provided to ventures by Hana Ventures.
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 WAUG Travel

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 - WAUG Travel

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

Waug Travel Comparisons

Employees
+
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Competitors of WAUG Travel

WAUG Travel 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 Klook, Fever, Ticket Master, OnOffMix and Ticketlink, 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.

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Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Waug Travel

Frequently Asked Questions about WAUG Travel

When was WAUG Travel founded?

WAUG Travel was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is WAUG Travel located?

WAUG Travel is headquartered in Seoul, South Korea.

Is WAUG Travel a funded company?

WAUG Travel is a funded company, having raised a total of $22.1M across 5 funding rounds to date.

What does WAUG Travel do?

WAUG Travel was established in 2015 in Seoul, South Korea, as an online platform in the travel sector. Users are enabled to search for tours, verify availability, compare pricing, and complete bookings for various activities, including museum visits, theme park experiences, and extreme sports. Payments are processed directly on the site, with operations centered in Korea.

Who are the top competitors of WAUG Travel?

WAUG Travel's top competitors include Fever, Klook and Ticket Master.

What products or services does WAUG Travel offer?

WAUG Travel offers WAUG-Transit Cards, WAUG-Ferries, eSIM Services, and Tour Tickets.

Who are WAUG Travel's investors?

WAUG Travel has 7 investors. Key investors include LB Investment, Company K Partners, OpenWaterINV, Enlight Ventures, and TONY INVESTMENT.

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