What is Snaptrip?
Snaptrip is a notable entity within the Lodging & Resorts sector, 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 solutions within the travel accommodation market. Its operations are geared towards enhancing the experience for both travelers and accommodation providers, navigating the complexities of the hospitality industry.
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 is an investment firm known for its focused strategy, aiming to provide enhanced support to its portfolio companies through strategic decision-making.
Bestport Ventures
Bestport Ventures is an investment entity that participates in funding rounds, contributing capital to support company growth and development.
Undisclosed investor
An undisclosed investor participated in the funding round, contributing capital to Snaptrip's growth initiatives.
What's next for Snaptrip?
The substantial enterprise-level funding indicates Snaptrip is poised for significant scaling and market expansion. This strategic capital infusion is likely to fuel product development, enhance operational capabilities, and potentially explore new market segments within the global lodging industry. The company's trajectory suggests a focus on solidifying its market share and innovating within the travel tech space.
See full Snaptrip company page
