# TVtrip

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

- Industry: Internet
- Headquarters: Brussels, Belgium
- Website: www.tvtrip.com
- Total disclosed funding: $14M
- Latest round: Series B (Feb 2, 2009)
- Investors on record: 3

## About

TVtrip is an online platform that simplifies travel booking, particularly for hotel reservations, by offering a user-friendly interface and advanced search functionalities for both individual and corporate clients.Founded in 2007 and headquartered in Brussels, Belgium, TVtrip offers an innovative travel booking platform that streamlines hotel reservations and travel experiences. The company has undergone strategic pivots over the years, focusing on enhancing its services. The founder, Fabien Bourdier, has a history of entrepreneurship, while the current CEO is Marc Ruff. TVtrip has successfully raised a total of USD 9.00 mn through 2 funding rounds, with the most recent being a Series B round in February 2009, involving investors such as Balderton Capital, Idinvest Partners, and Partech International.TVtrip specializes in providing an innovative platform that streamlines the travel booking process, particularly focusing on hotel reservations and travel experiences. Their core offerings include a user-friendly website and mobile application designed to facilitate seamless travel planning for individuals and businesses alike. The platform incorporates advanced search functionalities, allowing users to compare accommodations based on various criteria such as price, location, amenities, and customer reviews. TVtrip targets a diverse clientele, ranging from individual travelers seeking personalized experiences to corporate clients requiring efficient travel management solutions, operating in North America, Europe, and parts of Asia.TVtrip generates revenue primarily through a commission-based model, where income is derived from bookings made through its platform. Clients, including hotels and travel service providers, pay a percentage of the transaction value for each reservation facilitated by TVtrip. The company engages in direct-to-consumer transactions, offering users a range of services that enhance their travel experience, including exclusive deals and tailored packages. The flagship service revolves around comprehensive travel solutions that cater to both individual and corporate travel needs, fostering long-term partnerships with service providers in the hospitality sector.In February 2009, TVtrip raised USD 9.00 mn in Series B funding from Idinvest Partners alongside returning investors Balderton Capital and Partech International. The recent funding will be utilized to develop new products aimed at enhancing user experience and expanding into new geographic markets, particularly targeting South America and Asia by 2010.

## Funding rounds

- Series B, Feb 2, 2009, $9M — Idinvest Partners, Partech Partners, Balderton Capital
- Series A, Jul 12, 2007, $4.8M — Partech Partners, Balderton Capital

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A, Series B
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A, Series B
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B