What is Trip?
Trip.com provides comprehensive, one-stop travel booking services, catering to a global audience through its multilingual website and mobile application. The company operates within the dynamic online travel agency (OTA) market, offering a wide array of services including flights, hotels, and vacation packages. Its extensive reach and service offerings position it as a key player in facilitating international and domestic travel arrangements.
How much funding has Trip raised?
Trip has raised a total of $38.9M across 3 funding rounds:
Series A
$3.8M
Series B
$15.1M
Series C
$20M
Series A (2010): $3.8M with participation from Battery Ventures and Innovative Endeavors
Series B (2011): $15.1M led by Battery Ventures and Redpoint Ventures
Series C (2014): $20M supported by HomeAway,Inc., Battery Ventures, and Redpoint Ventures
Key Investors in Trip
Battery Ventures
Battery Ventures is a global investment firm that partners with exceptional founders to build category-defining businesses. They invest in companies at all stages, from seed to buyout, across various technology sectors.
Innovative Endeavors
Innovation Endeavors is an early-stage venture capital firm focused on visionary founders and transformational technologies, particularly those leveraging data and advanced computation to reshape industries.
HomeAway,Inc.
HomeAway, Inc., now part of the Expedia Group, is a leading vacation rental company offering a wide range of lodging options globally.
What's next for Trip?
The significant enterprise-level capital infusion suggests Trip is poised for aggressive expansion and strategic development. This backing will likely fuel advancements in technology, enhancement of user experience, and potential market penetration into new territories. The company's focus on a one-stop travel solution indicates a strategy to capture a larger share of the travel market by offering convenience and a broad spectrum of services, aiming for sustained growth and market leadership.
See full Trip company page
