Squad Trip - About the company
Squad Trip is a seed company based in Tulsa (United States), founded in 2019. It operates as a SaaS-based expense management solution for travel service providers. Squad Trip has raised $1.52M in funding from Techstars and Atento Capital. The company has 451 active competitors, including 40 funded and 17 that have exited. Its top competitors include companies like Fareportal, TravClan and Inspiretec.
Company Details
SaaS-based expense management solution for travel service providers. The platform offers solutions to create, market, and collect payment for group trips.
Key Metrics
Founded Year
2019
Location
Tulsa, United States
Stage
Seed
Total Funding
$1.52M in 2 rounds
Latest Funding Round
Ranked
45th among 451 active competitors
Legal entities associated with Squad Trip
Squad Trip is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Squadtrip Corp CIN: 883205922 , United States, Active | - | - | - |
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Squad Trip's funding and investors
Squad Trip has raised a total funding of $1.52M over 2 rounds. Its first funding round was on 2022. Its latest funding round was a Seed round on Jul 21, 2023 for $*****. 2 investors participated in its latest round. Squad Trip has 3 institutional investors.
Here is the list of recent funding rounds of Squad Trip:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 21, 2023 | 7893903 | Seed | 6316716 | 6726441 | 4457514 | 2877704 |
2022 | 9645 | Seed | 5713 | 4166 | 2226 |
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Squad Trip's Competitors and alternates
Top competitors of Squad Trip include Fareportal, TravClan and Inspiretec. Here is the list of Top 10 competitors of Squad Trip, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Fareportal 2002, New York City (United States), Funding Raised | Global travel technology company uniting people and places with innovative solutions | - | 67/100 | |
2nd | B2B platform for travel agents to buy flights hotels packages | $5.7M | 59/100 | ||
3rd | Inspiretec 2016, Cardiff (United Kingdom), Acquired | Provider of software solutions for the travel industry | - | 55/100 | |
4th | AI-based operations management solutions for travel agencies | $3.62M | 53/100 | ||
5th | End-to-end solutions for tour/activity operators | $9.54M | 53/100 | ||
6th | Vamoos 2014, London (United Kingdom), Seed | Provider of trip planning solutions for travel agencies | $1.54M | - | 52/100 |
7th | AllFly 2018, Orlando (United States), Seed | SaaS-driven travel planning solutions for the travel industry | $2.4M | 52/100 | |
8th | Nezasa 2012, Zurich (Switzerland), Series B | Provider of SaaS-based travel planning software | $16.5M | 51/100 | |
9th | Traveltek 1995, East Kilbride (United Kingdom), Acquired | SaaS-driven business management solution for travel agents & tour operators | $10.9M | 51/100 | |
10th | Cloud-based travel agency management solution | - | - | 51/100 | |
45th | Squad Trip 2019, Tulsa (United States), Seed | SaaS-based expense management solution for travel service providers | $1.52M | 34/100 |
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Squad Trip's Investments and acquisitions
Squad Trip has made no investments or acquisitions yet.
News related to Squad Trip
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SquadTrip Raises $1.5M in FundingFinSMEs•Jul 21, 2023•Squad Trip, Atento Capital, Forum Ventures, Insight 7
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Payments startup SquadTrip launches platform targeting millennial group travelersPhocusWire•Sep 07, 2022•Squad Trip
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