About Wayn
Wayn is a company based in London (United Kingdom) founded in 2002 was acquired by Lastminute in September 2016.. Wayn has raised $11 million across 1 funding round from investors including Lastminute and Draper Esprit. Wayn operates in a competitive market with competitors including Couchsurfing, Polarsteps, Grabr, Tripoto and Atly, among others.
- Headquarter London, United Kingdom
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Sectors
Travel & HospitalityMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wayn Ltd
- Date of Incorporation 25 May, 2023
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Series A
Nov 28, 2006
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Investors
Lastminute
& 1 more
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Employee Count
Employee Count
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Acquired by
Lastminute
(Sep 21, 2016)
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Funding Insights of Wayn
Wayn has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in November 2006. 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 1
- Last Round Series A — $11.0M
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First Round
First Round
(28 Nov 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2006 | Amount | Series A - Wayn | 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 Wayn
Wayn has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Lastminute and Draper Esprit. 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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Stage agnostic VC firm investing globally
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Founded Year | Domain | Location | |
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Last-minute bookings for travel and entertainment are facilitated online.
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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 Wayn
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Wayn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Wayn Comparisons
Competitors of Wayn
Wayn 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, Polarsteps, Grabr, Tripoto and Atly, 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 |
Travelers are connected with locals for home-sharing experiences globally.
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| domain | founded_year | HQ Location |
Mobile app to create and share travelogues
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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 |
Favorite places are discovered and shared through interest-based groups.
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| domain | founded_year | HQ Location |
App-based platform for sharing & discovering travel stories
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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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Frequently Asked Questions about Wayn
When was Wayn founded?
Wayn was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Where is Wayn located?
Wayn is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Wayn a funded company?
Wayn is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Nov 28, 2006.
What does Wayn do?
Wayn was founded in 2002 in London, United Kingdom, as a provider in the travel and social networking sector. A community-based platform is operated for connecting like-minded travellers, with services encompassing flight and hotel bookings, along with blogs, destination guides, tips, and articles. Operations focus on facilitating travel planning and social interactions through its online domain.
Who are the top competitors of Wayn?
Wayn's top competitors include Grabr, Couchsurfing and Atly.
Who are Wayn's investors?
Wayn has 2 investors. Key investors include Lastminute, and Draper Esprit.