About WorldMate
WorldMate is a company based in Tel Aviv (Israel) founded in 2000 was acquired by CWT in October 2012. WorldMate has raised $8.51 million across 2 funding rounds from investors including Motorola Solutions, Relay Ventures and BlackBerry Partners Fund. WorldMate operates in a competitive market with competitors including TripIt, Stippl, Wanderlog, Fineway and Aruba, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Travel & Hospitality
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8.51 M (USD)
in 2 rounds
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Latest Funding Round
$505 K (USD), Series C
Mar 31, 2012
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Investors
Motorola Solutions
& 4 more
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Employee Count
Not available
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Acquired by
CWT
(Oct 31, 2012)
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Funding Insights of WorldMate
WorldMate has successfully raised a total of $8.51M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $505 thousand completed in March 2012. 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.
Investors in WorldMate
WorldMate has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Motorola Solutions, Relay Ventures and BlackBerry Partners Fund.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital investments are provided by Relay Ventures.
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Early-stage venture investments are focused on mobile software solutions.
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Communication technology provider
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Investor details for WorldMate
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Investments & Acquisitions by WorldMate
Investment portfolio details for WorldMate
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Financial Statements - WorldMate
Detailed financials for WorldMate
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Worldmate Comparisons
Peer comparison for WorldMate
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Competitors of WorldMate
WorldMate 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 TripIt, Stippl, Wanderlog, Fineway and Aruba, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of a travel planner app
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Online post-booking-based trip planning platform for travelers
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App-based platform for trip planning
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An AI-powered personal travel assistant for holiday bookings.
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Aruba is promoted as a premier island vacation destination.
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Detailed competitors of WorldMate
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Latest news on Worldmate
Complete news archive for WorldMate
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Frequently Asked Questions about WorldMate
WorldMate was founded in 2000 and raised its 1st funding round 8 years after it was founded.
WorldMate is headquartered in Tel Aviv, Israel.
WorldMate is a funded company, having raised a total of $8.51M across 2 funding rounds to date.
WorldMate was founded in 2000 in Tel Aviv, Israel, as an online platform in the travel technology sector. Itineraries for flights, hotel bookings, and rental cars are managed by users. Real-time alerts on flight updates, delays, and weather conditions are provided. The service is accessible via apps for iOS and Android devices, supporting global travelers in organizing their trips.
WorldMate has 5 investors. Key investors include Motorola Solutions, Relay Ventures, BlackBerry Partners Fund, AMC Communications, and CWT.