What is Snaptrip?
Snaptrip operates within the Lodging & Resorts industry, headquartered in London, United Kingdom. The company, which employs between 20 to 49 individuals and generates between $5M to $10M in revenue, focuses on providing services within the travel accommodation space. Its funding history, spanning from Angel/Seed rounds to later-stage financing, indicates a trajectory of growth and development within its market.
How much funding has Snaptrip raised?
Snaptrip has raised a total of $4.6M across 3 funding rounds:
Angel/Seed
$421K
Series A
$1.7M
Other Financing Round
$2.4M
Angel/Seed (2014): $421K with participation from Forward Partners
Series A (2016): $1.7M led by Bestport Ventures
Other Financing Round (2017): $2.4M supported by Forward Partners and Bestport Ventures
Key Investors in Snaptrip
Forward Partners
Forward Partners operates a focused investment strategy because it helps the company make better investment decisions and provide better support to the company's companies. They are a key backer in Snaptrip's funding rounds.
Bestport Ventures
Bestport Ventures is an investment firm that has participated in Snaptrip's funding rounds, contributing to the company's growth capital.
Undisclosed investor
An undisclosed investor participated in Snaptrip's funding rounds, contributing to the company's overall capital structure.
What's next for Snaptrip?
With a history of major enterprise-level funding and strategic investments, Snaptrip is positioned for continued expansion. The company's consistent access to capital suggests a strong market validation and a clear path for scaling its operations. Future developments are likely to focus on enhancing its service offerings and solidifying its market share in the competitive lodging sector, leveraging its established investor relationships for further strategic initiatives.
See full Snaptrip company page