# TourRadar

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

- Industry: Internet
- Headquarters: Vienna, Austria
- Website: www.tourradar.com
- Total disclosed funding: $66M
- Latest round: Series C (Jun 26, 2018)
- Investors on record: 7

## About

TourRadar GmbH is an online platform enabling global travelers to book organized tours, catering to diverse adventure styles while connecting users with travel operators for a seamless booking experience.Founded in 2010 in Vienna, Austria, TourRadar GmbH provides an online marketplace for booking multi-day tours and travel experiences worldwide. The company has successfully raised funds through 6 deals, including a Series C round in June 2018, led by TCV, which secured USD 50.00 mn in funding to enhance its service offerings. The company's CEO, Travis Pittman, is one of its co-founders and has been integral to its growth, emphasizing the importance of curated travel experiences.TourRadar specializes in offering a comprehensive online platform for booking organized tours and travel packages globally. Key offerings include multi-day tours, safaris, river cruises, and adventure travel experiences tailored to diverse preferences. Their services facilitate connections between adventure travelers and a vast network of travel operators, enhancing the booking process with features like real-time updates and 24/7 customer support, available via their website and mobile app.In the most recent fiscal year of 2023, TourRadar generated revenue of USD 15.30 mn, while reporting an EBITDA of USD -1.81 mn, indicating a challenging financial performance amid its growth ventures.TourRadar plans to leverage the recent Series C funding of USD 50.00 mn received in June 2018 to enhance its platform capabilities and expand into new geographic markets. The company aims to roll out additional features and products that cater to the evolving needs of travelers by 2024, with a focus on strengthening its presence in regions like Asia and South America, where demand for organized tours is rising. The funding will support these strategic initiatives and bolster their operational infrastructure.

## Funding rounds

- Series C, Jun 26, 2018, $50M — TCV, Endeit Capital, Speedinvest, Hoxton Ventures, Cherry Ventures
- Series B, Oct 24, 2017, $10M — Endeit Capital, Hoxton Ventures, Cherry Ventures
- Series A, May 24, 2016, $6M — Speedinvest, Hoxton Ventures, aws Fondsmanagement, Cherry Ventures
- Angel, Jun 10, 2013 — Speedinvest, i5invest

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Angel, Series A, Series C
- i5invest (https://capitalatlas.ai/funds/i5invest) — Angel
- Hoxton Ventures (https://capitalatlas.ai/funds/hoxton-ventures) — Series A, Series B, Series C
- aws Fondsmanagement (https://capitalatlas.ai/funds/aws-fondsmanagement) — Series A
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Series A, Series B, Series C
- Endeit Capital (https://capitalatlas.ai/funds/endeit-capital) — Series B, Series C
- TCV (https://capitalatlas.ai/funds/tcv) — Series C
