Trip360

Trip360

Seamless and personalized customer journeys for travel brands

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Security Type
Crowd SAFE
Categories
Travel
Min Investment
$100
Location
New York, NY
Offering Date
March 01, 2021
Expected Close Date
May 01, 2021
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 10%

Company Description

Trip360 is a platform that helps travel brands (airlines, hotels, fare aggregators, travel distributors) improve their customers’ experience while increasing revenue. For example, Trip360 makes it simple for airlines to offer travel bundles, which can increase revenue and customer satisfaction.Trip360 is a “white label” solution, meaning it works behind the scenes of its customers' services. Think of it as an engine that powers bundling and other features on travel websites.

Key Deal Facts

Helps travel brands optimize customer experience and revenue
Signed agreements with top-tier travel brands (Booking.com, TripAdvisor)
$700K+ in revenue in the past 12 months
125% year-over-year revenue growth in 2020
Led by industry veterans, with advisors including Wix and Sabre executives
Planned expansion to 8 countries by Q4 2022
$150B total addressable market (TAM) in a multi-trillion dollar industry

Management Team / Advisory Board Bios

Avi Amar
Co-Founder & CEO
Former VP Digital & Product, Issta Lines

Effi Shmilovitch
Co-Founder & CTO
Former Development Leader, Issta

Henry Richter
CMO
Former Digital Marketing Manager, WallaTours

Bar Schwartz
COO
Chief of Staff, Medneo GmbH

Etti Gvili
Advisor
Former CEO and COB, Issta

Dror Shaked
Advisor
Senior VP Business Development, Wix

Guy Cohen
Advisor
Former Regional Manager, Sabre

Deal Notes

Discount: 10%

Amount Raised : $49,250
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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