Culture Trip
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | <1m | 2.5m | 1.6m | 1.8m | 1.7m | 1.7m |
% growth | - | 302 % | (36 %) | 11 % | (1 %) | - |
EBITDA | (30.0m) | (40.0m) | (37.3m) | (21.4m) | - | - |
% EBITDA margin | (4851 %) | (1610 %) | (2354 %) | (1213 %) | - | - |
Profit | (28.7m) | (43.7m) | (40.2m) | (22.4m) | - | - |
% profit margin | (4649 %) | (1758 %) | (2541 %) | (1270 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $1.0m | Angel | |
N/A | $2.0m | Seed | |
* | €18.2m | Series A | |
* | $80.0m | Series B | |
N/A | N/A | - | |
* | $44.5m Valuation: $400m 146.4x EV/LTM Revenues -9.1x EV/LTM EBITDA | Series C | |
* | N/A | Acquisition | |
Total Funding | $147m |
Related Content
Recent News about Culture Trip
EditCulture Trip is a travel startup that operates in the tourism industry, offering immersive travel experiences to its customers. The company's primary service is the creation of curated trips that range from 5 to 16 days, targeting solo travelers, couples, and groups of friends. These trips are designed to provide authentic experiences that are difficult to curate independently, led by local insiders who are knowledgeable about the destination.
The company's business model revolves around offering premium travel packages that include accommodation in 4-star or 5-star hotels. These packages are priced competitively, with the company often offering discounts on trips booked for specific periods, such as January to March. This pricing strategy is designed to incentivize early bookings and attract customers looking for high-quality travel experiences at a lower cost.
Culture Trip also offers a subscription service, where customers can sign up for their newsletter and receive discounts on their unique trips. This serves as a customer retention strategy, encouraging repeat business and fostering a community of "Culture Trippers".
In addition to its travel services, Culture Trip is also committed to sustainable tourism. The company is part of the Tourism Declares Climate Emergency initiative and is working towards achieving net zero carbon emissions. This commitment to sustainability is reflected in their travel packages, which are designed to be flightless in destination, reducing the carbon footprint of their trips.
In terms of revenue, Culture Trip makes money by selling these travel packages to customers. The company also likely generates additional revenue through partnerships with hotels and other service providers included in their travel packages.
Keywords: Travel, Tourism, Curated Trips, Premium Accommodation, Discounts, Subscription Service, Sustainable Tourism, Climate Emergency Initiative, Revenue Generation, Partnerships.