What is TripIt?
Founded in 2006, TripIt operates as a comprehensive travel management platform, consolidating all travel plans into a single, easily accessible location. The company provides both consumer and business-oriented solutions via its mobile application, enabling users to centralize itineraries, reservations, and essential travel documents. TripIt Pro specifically enhances the experience for business travelers, offering tools for companies to optimize travel management across various booking channels and delivering real-time updates for improved efficiency.
How much funding has TripIt raised?
TripIt has raised a total of $13.1M across 3 funding rounds:
Series A
$1M
Series B
$5.1M
Series C
$7M
Series A (2007): $1M with participation from Ou2019Reilly AlphaTech Ventures
Series B (2008): $5.1M led by O'Reilly AlphaTech Ventures, Founders Fund, and Sabre Holdings
Series C (2010): $7M supported by Azure Capital Partners and Ou2019Reilly AlphaTech Ventures
Key Investors in TripIt
Azure Capital Partners
Azure Capital Partners is an investment firm that focuses on post-seed and early-stage companies at pivotal growth points. They have a history of investing in transformative technologies and helping entrepreneurs expand their businesses.
Ou2019 Reilly AlphaTech Ventures
For 40 years, O'Reilly has provided technology and business training, knowledge, and insight to help companies succeed. The company's unique network of experts and innovators share their knowledge and expertise through the company's SaaS-based training and learning platform.
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages. The firm's partners have been founders and early funders of companies including PayPal, SpaceX, Palantir, Anduril, Airbnb, Stripe and Facebook.
What's next for TripIt?
The substantial enterprise-level funding and strategic investment TripIt has attracted indicate a mature stage of development, likely focused on scaling operations, expanding market reach, and enhancing its technological capabilities. Future strategic moves may involve further integration with corporate travel systems, leveraging data analytics for personalized travel insights, or exploring new service verticals within the broader travel ecosystem. Continued investment in its Pro features suggests a commitment to serving the complex needs of business travelers and their organizations.
See full TripIt company page