Rocketrip

SoftwareSeries CNew York, USrocketrip.com

Latest round

Series C

Last raised

Apr 2018

Total raised

$33M

Investors

9

About Rocketrip

Rocketrip, Inc. is an innovative travel management platform that helps companies save on business travel expenses by rewarding employees for spending less.Rocketrip, Inc. was founded in 2013 and is headquartered in New York, US. The company operates as a standalone entity and does not have any reported parent companies or subsidiaries. In September 2020, Mondee, Inc., although financial terms of the deal were not disclosed. The company's founder has a history of entrepreneurship, contributing to its strategic direction and vision.Rocketrip, Inc. offers a travel management solution that incentivizes employees to save on travel expenses through a rewards system. The platform allows companies to set travel budgets while providing employees with the autonomy to make cost-effective travel decisions. It integrates with various travel services to provide users with a seamless booking experience, ultimately helping businesses reduce travel costs while enhancing employee satisfaction.Rocketrip generates revenue through its platform by implementing a transaction-based model, which may include subscription fees and partnerships with corporate clients. The company earns commissions on the savings achieved through its platform, incentivizing users to engage in cost-saving travel practices.Going forward, Rocketrip, Inc. plans to leverage its recent acquisition by Mondee, Inc. to enhance its product offerings and expand into new geographical markets. The company is exploring opportunities to introduce new features and services aimed at improving user experience and integration with existing travel systems. The acquisition by Mondee provides additional resources and strategic support to facilitate these growth initiatives.

Who invested in Rocketrip

9 investors across 6 rounds

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Funding rounds

  1. Series C

    Apr 25, 2018

    Amount

    $15M

    Investors

    Locked

  2. Series B

    Jun 17, 2016

    Amount

    $9M

    Investors

    Locked

  3. Series A

    Sep 2, 2015

    Amount

    $2M

    Investors

    Locked

  4. Series A

    Jun 30, 2014

    Amount

    $3M

    Investors

    Locked

  5. Series A

    Jan 24, 2014

    Amount

    $3.2M

    Investors

    Locked

  6. Seed

    Apr 1, 2013

    Amount

    $0.6M

    Investors

    Locked

Questions about Rocketrip

Who invested in Rocketrip?

Rocketrip has 9 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Rocketrip raised?

Rocketrip has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Rocketrip last raise money?

Rocketrip's most recent round on record is a Series C, in Apr 2018.

What does Rocketrip do?

Rocketrip is a software company.

Where is Rocketrip headquartered?

Rocketrip is headquartered in New York, US.

Which VCs invest in companies like Rocketrip?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Rocketrip's stage. Their profiles are linked below.

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