# Headout

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/headout

- Industry: Internet
- Headquarters: New York, US
- Website: www.headout.com
- Total disclosed funding: $56M
- Latest round: Series B (Feb 2, 2022)
- Investors on record: 10

## About

Headout Inc. is an innovative online platform offering diverse travel and entertainment experiences, enabling users to easily book a range of activities from sightseeing tours to local events across major global destinations.Founded in 2014 in New York, US, Headout Inc. specializes in providing a platform for booking travel experiences. Headout Inc. raised an undisclosed amount of venture funding from Razor Capital. The current CEO is Varun Khona, and the founding team includes Chris Powell, Suren Sultania, Varun Khona, and Vikram Singh. Headout has not undergone any major changes in its business operations since its inception.Headout specializes in providing a diverse array of travel and entertainment experiences, primarily focused on tours, attractions, and events across various global destinations. The company offers a user-friendly platform that allows customers to browse and book experiences ranging from mainstream attractions, such as theme parks and museums, to offbeat tours and local events. By curating a selection of only the highest quality options, Headout simplifies the travel planning process for consumers looking for both leisure and educational experiences. Their offerings are designed for a wide customer base, including families, couples, and solo travelers interested in immersive activities in locations such as New York, Las Vegas, Rome, Paris, Dubai, and Barcelona. The services are tailored to meet the needs of a global audience, with multilingual support and flexible pricing to cater to various budgets.Headout generates revenue through a commission-based model derived from ticket sales and bookings made via their platform. Customers typically engage with the service by purchasing tickets to attractions or experiences directly through the Headout website or mobile application, often at discounted rates compared to traditional outlets. The company's revenue structure includes direct-to-consumer transactions, where users pay for individual experiences, and potential partnerships with travel providers and experience operators for promotional collaborations. While specific pricing plans for individual products are not disclosed, the company attracts a broad customer demographic by offering competitive pricing on popular experiences such as Disneyland Paris tickets, Vatican Museums admissions, and city tours. This combination of strategic pricing and a focus on consumer satisfaction positions Headout effectively within the travel and entertainment marketplace. Headout Inc. raised an undisclosed amount of venture funding from Razor Capital. The company plans to expand its offerings to cover 500 cities over the next 24 months and launch new verticals focusing on domestic short-haul travel while enhancing its technology. Additionally, the funding will be utilized to hire new employees for evaluating acquisitions in the travel, entertainment, and Augmented Reality (AR) space.

## Funding rounds

- Series B, Feb 2, 2022, $30M — Nexus Venture Partners, 500 Global, Glade Brook Capital Partners, FJ Labs
- Series B, Sep 9, 2021, $12M — Nexus Venture Partners, 500 Global, Ludlow Ventures, Version One Ventures, Espresso Capital, Haystack, Glade Brook Capital Partners, FJ Labs, Practical Venture Capital
- Series A, Sep 3, 2020 — FJ Labs
- Series A, Nov 5, 2019, $3.8M — FJ Labs
- Series A, Mar 31, 2016, $10M — Nexus Venture Partners, Version One Ventures
- Seed, Aug 6, 2014, $0M — DreamIt Ventures

## Investors

- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series A, Series B
- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Series A, Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A, Series B
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series B
- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Series B
- Espresso Capital — Series B
- Haystack (https://capitalatlas.ai/funds/haystack) — Series B
- Glade Brook Capital Partners (https://capitalatlas.ai/funds/glade-brook-capital-partners) — Series B
- Practical Venture Capital (https://capitalatlas.ai/funds/practical-venture-capital) — Series B