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Skift - About the company

Skift is a seed company based in New York City (United States), founded in 2012 by Rafat Ali. It operates as an Online platform offering travel and tourism news. Skift has raised $3.6M in funding. The company has 79 active competitors, including 3 funded and 4 that have exited. Its top competitors include companies like Travel Daily Media, PhocusWire and Travel And Tour World.

Company Details

Online platform offering travel and tourism news. It delivers news, data, and services to its readers. It has deep experience in identifying and synthesizing existing and emerging trends, in its daily coverage of the global travel industry, through its Skift Trends Reports and its data insight from the SkiftIQ competitive intelligence service. It is a venture-backed company based in New York City, with Lerer Ventures and other marquee media-tech investors as backers.
Website
skift.com
Social
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Email ID
*****@skift.com
Registered Address
145 WEST 30TH STREET,5TH FLOOR,NEW YORK,NY,10001
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Seed
Total Funding
$3.6M in 3 rounds
Latest Funding Round
Ranked
Employee Count
11 - 50 as on Jul 01, 2024
Investment & Acquisitions
Similar Companies
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Skift's funding and investors

Skift has raised a total funding of $3.6M over 3 rounds. Its first funding round was on May 15, 2013. Skift has 13 institutional investors.

Here is the list of recent funding rounds of Skift:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 02, 2016
2701738
Seed
1357174
3540725
4462199
5125220
Aug 16, 2013
4422770
Seed
3310259
4774577
9345876
May 15, 2013
4512867
Seed
3953702
5709181
9641942
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Skift's founders and board of directors

Founder? Claim Profile
The founders of Skift is Rafat Ali.
Here are the details of Skift's key team members:

Skift's employee count trend

Skift has 11 - 50 employees as of Jul 24. Here is Skift's employee count trend over the years:
Employee count trend for Skift
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Skift's Competitors and alternates

Top competitors of Skift include Travel Daily Media, PhocusWire and Travel And Tour World. Here is the list of Top 10 competitors of Skift, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Skift
Skift
2012, New York City (United States), Seed
Online platform offering travel and tourism news
$3.6M
62/100
2nd
Logo for Travel Daily Media
Travel Daily Media
2006, Singapore (Singapore), Acquired
Online news platform
-
-
42/100
3rd
Logo for PhocusWire
PhocusWire
2017, New York City (United States), Unfunded
Online platform offering news on Travel and Tourism
-
-
37/100
4th
Logo for Travel And Tour World
Travel And Tour World
2000, Kolkata (India), Unfunded
Online content platform for travel and tourism
-
-
34/100
5th
Logo for Hosteltur
Hosteltur
1994, Palma De Mallorca (Spain), Acquired
Online platform offering news and information
-
-
32/100
6th
Logo for Trip Vivid
Trip Vivid
2014, Chaoyang (China), Series A
Online media focusing on travel and tourism
$4.44M
31/100
7th
Logo for China Travel News
China Travel News
2013, Guangzhou (China), Unfunded
Online portal offering content based on hospitality industry
-
-
28/100
8th
Logo for Top Dog Days
Top Dog Days
2009, Alton (United Kingdom), Unfunded
Online platform offering content on tourism
-
-
28/100
9th
Logo for EyeforTravel
EyeforTravel
1997, London (United Kingdom), Unfunded
Provides online travel news, event information and original research
-
-
27/100
10th
Logo for Travel Media Technology
Travel Media Technology
2011, Beijing (China), Seed
Trade portal covering the China tourism industry
$150K
26/100
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Skift's Investments and acquisitions

Skift has acquired 3 companies including Twenty31, Daily Lodging Report and Airlineweekly. Skift has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 27, 2023
Acquisition
2014
Vancouver (Canada)
Jun 15, 2021
Acquisition
1996
New York City (United States)
Sep 27, 2018
Acquisition
2004
New York (United States)
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Reports related to Skift

Here is the latest report on Skift's sector:

News related to Skift

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Media has covered Skift for 1 event in last 1 year.
Vacasa cases investors for $319mGlobal Corporate VenturingOct 29, 2019Vacasa, Assurant, Silver Lake, Skift and 9 others
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