Pelago
Latest round
- Series B
Last raised
- May 2008
Total raised
- $22M
Investors
- 6
About Pelago
Pelago operates as a travel services platform, primarily focused on booking activities and experiences for travelers. Founded in Seattle, US, it has undergone significant changes in its business strategy, including its acquisition by Groupon Inc. in April 2011; the financial details of the acquisition remain undisclosed.Pelago, a travel services platform powered by Singapore Airlines, specializes in booking activities, attraction tickets, and various travel experiences across the globe. Its core offerings include a comprehensive range of over 200,000 activities that cater to travelers seeking unique experiences, from airport transfers to entry tickets for renowned attractions. Pelago enhances the travel experience by streamlining the booking process through its user-friendly app, allowing customers to manage reservations conveniently while on the go. The company primarily serves tourists and travelers, including those flying with Singapore Airlines and Scoot, providing services to a diverse customer base in key markets such as Singapore, Australia, Europe, and other popular international destinations.Pelago generates revenue through direct transactions with consumers, offering a variety of travel-related services that include activity bookings and transportation options. Customers typically complete transactions via the Pelago app or website, where they can select from a multitude of experiences and receive instant confirmations upon booking. The company may implement tiered pricing structures based on the nature of the activities selected, which could include bundled offers or discounts for specific customer segments, such as airline passengers who receive promotional pricing. Furthermore, Pelago capitalizes on its partnerships with local attractions and service providers to enhance its product offerings, creating a seamless experience for end-users.Looking ahead, Pelago aims to expand its offerings by developing new products that enhance user engagement and streamline the travel experience. Specific expansion plans include targeting new geographic markets in Asia and Europe by late 2023.00 mn will be strategically utilized to support these initiatives, enhancing technology and marketing efforts. Additionally, the company will focus on strengthening partnerships with local attractions to broaden its service portfolio and improve customer experience.
Who invested in Pelago
6 investors across 2 rounds
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Questions about Pelago
Who invested in Pelago?
Pelago has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pelago raised?
Pelago has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Pelago last raise money?
Pelago's most recent round on record is a Series B, in May 2008.
What does Pelago do?
Pelago operates as a travel services platform, primarily focused on booking activities and experiences for travelers.
Where is Pelago headquartered?
Pelago is headquartered in Seattle, US.
Which VCs invest in companies like Pelago?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Pelago's stage. Their profiles are linked below.
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