# TripHub

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

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.triphub.com
- Total disclosed funding: $0.5M
- Latest round: Series A (May 10, 2007)
- Investors on record: 1

## About

TripHub Inc. is a travel planning platform focused on assisting individuals and groups in organizing and enhancing their travel experiences through a variety of tailored tools and resources.TripHub Inc. was founded in 1997 in Seattle, US, as a travel planning service aimed at optimizing group travel. The company has not pivoted its business model significantly since inception and currently operates independently. Dan Tecu, the founder, has a background in travel services but does not appear to have founded other companies. The company has successfully completed 4 deals, with the most recent funding round occurring on May 10, 2007, where it raised USD 0.5 million in Series A funding from Madrona Venture Group, bringing the total amount raised to USD 0.5 million, establishing a current valuation of USD 2.06 mn.TripHub Inc. operates as a travel planning platform that provides a wide array of tools and resources for organizing group trips. The platform includes detailed guides on various travel types, such as road trips, camping, adventure travel, and wellness retreats. Its offerings focus on essential information for travelers, including gas-saving applications, campground reservations, spa trends, and pet-friendly travel options, catering specifically to families, friends, and outdoor enthusiasts, particularly in key markets like California, New York, and Florida, as well as national parks such as Yellowstone and Yosemite.TripHub Inc. generates revenue through a combination of affiliate partnerships and advertising, leveraging its travel-related content. It collaborates with service providers, like campground booking sites and travel apps, to offer users special deals, generating commission revenue for each successful referral. Business transactions primarily occur through B2B partnerships, allowing TripHub to receive a percentage of booking fees from users who reserve campgrounds or services through its platform. The pricing structure is based on promotional agreements with partners, enabling users to benefit from discounts while the company retains a commission on transactions.TripHub Inc. plans to utilize the recent Series A funding of USD 0.5 million raised on May 10, 2007, to support the development of new features and enhancements to its travel planning platform. The company is looking to expand its presence in additional geographic regions, particularly targeting the Midwest and Southwest areas of the US by the end of 2008. The funding will also facilitate the introduction of new products aimed at optimizing user engagement and enhancing overall travel planning experiences.

## Funding rounds

- Series A, May 10, 2007, $0.5M — Madrona Venture Group

## Investors

- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A