# TripHobo

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

- Industry: Internet
- Headquarters: Pune, India
- Website: http://www.triphobo.com
- Total disclosed funding: $4M
- Latest round: Series B (Mar 31, 2015)
- Investors on record: 2

## About

TripHobo is a travel planning platform that simplifies itinerary creation for travelers by consolidating accommodations, transportation, and activities into cohesive plans, enhancing the overall travel experience.Founded in 2012 by Amie Fanning, Praveen Kumar, and Saket Newaskar, TripHobo operates from Pune, India. The company focuses on providing a comprehensive travel planning service. In March 2015, TripHobo raised USD 3 mn in Series B funding led by Mayfield Fund, with participation from Kalaari Capital, bringing the total amount raised to USD 3 mn. They have engaged in three deals to date.TripHobo specializes in providing comprehensive travel planning solutions aimed at simplifying the itinerary creation process for travelers. The company’s core offerings include a user-friendly platform that enables users to design custom travel itineraries by consolidating various travel components such as accommodations, transportation, and activities into a cohesive plan. These services cater primarily to individual travelers and groups seeking tailored travel experiences, addressing the complexities often associated with trip planning. The platform features a diverse range of destinations, encompassing key travel markets across North America, Europe, and Asia, and serves a global client base that includes leisure travelers, families, and business professionals. Since its inception, TripHobo has focused on enhancing the user experience by integrating real-time data and user-generated content, ensuring that customers have access to the most relevant and up-to-date information.In 2023, TripHobo reported a revenue of USD 302,701.6 and an EBITDA of USD 11,351. The company generates revenue through a combination of direct-to-consumer transactions and potential partnerships with travel service providers. The company operates a model where users can access free itinerary planning tools, with additional features available through premium subscription plans or pay-per-use offerings. Revenue is driven by a mix of direct bookings and affiliate commissions from partner businesses.TripHobo will utilize the USD 3 mn raised in Series B financing to enhance its platform capabilities and expand product offerings. The company aims to launch new features that facilitate better user engagement and streamline the travel planning process. Additionally, TripHobo plans to expand into new geographic regions targeting markets in Asia and Europe by 2025, leveraging the new funding to support this growth strategy. The latest funding round, completed in March 2015, serves as a crucial step towards these ambitious expansion plans.

## Funding rounds

- Series B, Mar 31, 2015, $3M — Mayfield Fund, Kalaari Capital
- Series A, Jun 30, 2014, $1M — Kalaari Capital

## Investors

- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series A, Series B
- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series B