# VNTRIP OTA Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vntrip-ota-company

- Industry: Internet
- Headquarters: Hanoi, Vietnam
- Website: www.vntrip.vn
- Total disclosed funding: $13M
- Latest round: Series B (Nov 24, 2017)
- Investors on record: 3

## About

VNTRIP OTA Company Limited is a technology-driven travel management company based in Vietnam, specializing in corporate travel solutions through its comprehensive digital platform.Founded in 2014 and headquartered in Hanoi, Vietnam, VNTRIP OTA Company Limited operates as a travel management service focused on corporate clients. The company was established by Lam Le Dac, who has a background in entrepreneurship. VNTRIP has successfully completed a total of 7 funding deals, with the most recent being a Series B round in October 2023, where it raised USD 7.00 mn from Deep Sky Capital, bringing its total funding to USD 7.00 mn.VNTRIP's primary offering is the VNTRIP Travel Management System (TMS), a digital platform designed to streamline travel and business needs for corporate clients. This system automates travel expense management and integrates features for booking cost-effective flights and hotels. VNTRIP serves over 1,500 corporate clients across Vietnam and other Southeast Asian countries, providing access to more than 1 million international hotels and 12,000 domestic accommodations.In the most recent fiscal year 2022, VNTRIP generated revenue of USD 3,191,419.70 with an EBITDA of USD -44,748.70.Following its most recent funding round in October 2023, VNTRIP intends to utilize the capital to enhance its B2B offerings and support domestic growth initiatives. The company is exploring the introduction of new services and aims to expand its reach into additional Southeast Asian markets. Specific launch dates for new products are yet to be disclosed.

## Funding rounds

- Series B, Nov 24, 2017, $10M — Hendale Capital
- Series A, Jul 10, 2016, $3M — FengHe Fund Management, Hancock Revocable Trust

## Investors

- FengHe Fund Management (https://capitalatlas.ai/funds/fenghe-fund-management) — Series A
- Hancock Revocable Trust — Series A
- Hendale Capital (https://capitalatlas.ai/funds/hendale-capital) — Series B