# Secret Escapes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/secret-escapes

- Industry: Internet
- Headquarters: London, UK
- Website: www.secretescapes.com
- Total disclosed funding: $80M
- Latest round: Series C (Jul 15, 2015)
- Investors on record: 5

## About

Secret Escapes Ltd. is a luxury travel company offering exclusive deals on high-end hotels and vacation packages to its members, effectively combining competitive pricing with curated travel experiences.Founded in 2010, Secret Escapes Ltd. operates as a luxury travel platform that provides exclusive deals for high-end accommodations. The company is headquartered in London, UK. It was led by Alex Saint, who has a strong entrepreneurial background. In 2022, Secret Escapes was acquired by Travelzoo Inc. for an undisclosed amount, marking a strategic pivot in its business operations. Since its inception, the company has completed 11 deals, with the most recent funding round being Series E, raising GBP 55.000 mn, bringing the total amount raised to GBP 55.000 mn, with a current valuation of GBP 803.930 mn.Secret Escapes specializes in luxury travel experiences through a membership model, offering exclusive deals on a curated selection of high-end hotels and holiday packages. With over 20 million members, the platform features more than 200 sales weekly, showcasing hand-picked accommodations across the UK, Europe, the United States, and Egypt. The service caters to individuals, couples, and families looking for tailored travel experiences, ensuring a diverse array of offerings to meet various customer needs.In 2023, Secret Escapes generated a revenue of GBP 211,585,902.70 and an EBITDA of GBP 10,998,874.50, illustrating the effectiveness of its direct-to-consumer sales model that capitalizes on discounted travel experiences for members.Following its recent acquisition in March 2022, Secret Escapes aims to enhance its product offerings and expand into new geographic regions. The company is likely developing new travel experiences tailored for emerging markets and targeting additional countries in Europe and Asia by 2024. The GBP 55.000 mn raised in the Series E round will be utilized to support these initiatives and strengthen its operational capabilities, positioning the company for substantial growth in the competitive travel sector.

## Funding rounds

- Series C, Jul 15, 2015, $57M — Atlas Venture, Index Ventures, GV, Octopus Investments
- Series B, Jan 22, 2014, $8.2M — Atlas Venture, LocalGlobe, Octopus Investments
- Series B, Oct 3, 2012, $9.6M — Atlas Venture, Index Ventures, Octopus Investments
- Series B, Oct 5, 2011, $3.9M — Atlas Venture
- Series A, Mar 10, 2011, $1.1M — Atlas Venture, Octopus Investments

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A, Series B, Series C
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Series A, Series B, Series C
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series B, Series C
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series B
- GV (https://capitalatlas.ai/funds/gv) — Series C