TourRadar

TourRadar
Industry Tourism
Founded 2010 (2010)
Founder Travis Pittman, Shawn Pittman
Headquarters Vienna, Austria
Number of locations
 Vienna, Toronto, Brisbane
Area served
 Global
Products Multi-day group tours
Services Internet booking engine
Number of employees
 150
Website www.tourradar.com

TourRadar is a travel website where travellers and tourists can book multi-day group tours as well read user-generated reviews of individual tours and of the Tour Operators. It claims to have more than 25,000 tours available from more than 250 different tour operators worldwide,[1] and acts as an online marketplace for third party tour operators to list their tours so that users can find them.

History

Founded in 2010, the website was created by Australian brothers Shawn and Travis Pittman,[2] and was inspired by their social travel website BugBitten.[3] TourRadar has since grown to include reviews,[4] an online travel blog called Days to Come,[5] and annual awards titled ‘Guide of the Year’ and 'Tour of the Year'.[6] In 2017 TourRadar also launched a special award category called 'Adventure Guide of the Year' to support the Adventure Travel and Trade Association.[7]

TourRadar launched into North America in September 2015 with Christian Wolters, former VP of Sales and Marketing at Intrepid Travel, as the North America Managing Director.[8]

In September 2016 TourRadar announced that it would be adding river cruising to its catalogue of bookable tours.[9]

In 2017, TourRadar was named one of the top 3 start-ups in Austria by Trend Magazine.[10] In the same year they also made the Travolution Awards Shortlist in the following categories:[11]

  • Best for Experiences
  • Best Travel Blog
  • Best Use of Search Engine Marketing

Corporate information [edit]

Office locations

TourRadar has offices in the following 3 cities:[12]

  • Brisbane (Australia)
  • Vienna (Austria)
  • Toronto (Canada)

Company size

TourRadar employs more than 150 employees worldwide.[13]

Funding

In June 2013, TourRadar announced a round of angel funding[14] from investors including ex-CEO of Expedia, Erik Blachford. In May 2014, TourRadar appeared on Austria's version of Dragons' Den, "2 Minuten, 2 Millionen" (2 Minutes, 2 Million),[15] and secured $500,000 USD in funding led by former chief executives from Expedia and HolidayCheck, as well as funding from SpeedInvest, an Austrian Investment Company.[16]

In October 2017, TourRadar announced that they had completed a Series B funding round.[17] In total, an additional $10,000,000 USD was raised to expand the company's technology and product departments.[18]

In June 2018, TourRadar announced their Series C funding round [19] where they raised a reported $50,000,000 USD in funding [20] to be used to further expand their team. This round of funding was led by the Silicon Valley growth VC firm TCV,[21] with participation from existing investors Cherry Ventures, Endeit Capital, Hoxton Ventures and Speedinvest. TCV previously backed Expedia and Airbnb.[22]

References

  1. ↑ "TourRadar, #1 Online Travel Agency for Multi-Day Tours, Announces US$50M Series C Funding Round Led by TCV". Retrieved 2018-07-25.
  2. ↑ “Our Founders”. TourRadar. Retrieved 8 October 2015.
  3. ↑ Kevin May:“TLabs Showcase - TourRadar”. TNooz. Retrieved 8 October 2015.
  4. ↑ “Dear tour operators, welcome to 2014 – online reviews drive bookings”. Tnooz. Retrieved 8 October 2015.
  5. ↑ "Days to Come by TourRadar.com | Travel Magazine, Blog, and Articles". Days to Come. Retrieved 2018-07-25.
  6. ↑ Phil Davies:“TourRadar hunts for world's 'most amazing tour'’. Travolution. Retrieved 8 October 2015.
  7. ↑ "TourRadar Adventure Guide of the Year". AdventureTravelNews. Retrieved 2018-07-25.
  8. ↑ “TourRadar Launches in North America”. TravelPress. Retrieved 8 October 2015.
  9. ↑ "TourRadar wades into the river cruise market: Travel Weekly". www.travelweekly.com. Retrieved 2018-07-25.
  10. ↑ "Ranking: Österreichs beste Start-ups 2017". trend.at (in German). 2017-11-23. Retrieved 2018-07-25.
  11. ↑ Group, Travel Weekly. "Travolution Awards: Travolution Awards 2017". www.travolutionawards.co.uk. Retrieved 2018-07-25.
  12. ↑ "Contact us". www.tourradar.com. Retrieved 2018-07-25.
  13. ↑ "LinkedIn". LinkedIn.
  14. ↑ Robin Wauters: “Social group tour marketplace TourRadar books funding from ex-Expedia CEO and others”. The Next Web. Retrieved 8 October 2015.
  15. ↑ Michael Altrichter (2014-04-03), 2 Minuten 2 Millionen / Puls4 - Michael Altrichter "Tourradar", retrieved 2018-07-25
  16. ↑ Thomas Ohr:"Group tour platform TourRadar secures $500k in angel funding". EU-Startups. Retrieved 14 October 2015.
  17. ↑ "TourRadar, the new face of touring, secures $10M in further funding". www.tourradar.com. Retrieved 2018-07-25.
  18. ↑ http://www.travolution.com/articles/104813/tourradar-raises-10-million-in-series-b-funding. Retrieved 2018-07-25. Missing or empty |title= (help)
  19. ↑ "TourRadar Announces Series C Funding". www.tourradar.com. Retrieved 2018-07-25.
  20. ↑ "TourRadar Receives $50 Million for Multi-Day Tour Sales: Travel Startup Funding This Week". Skift. 2018-06-29. Retrieved 2018-07-25.
  21. ↑ "TourRadar, #1 Online Travel Agency for Multi-Day Tours, Announces US$50M Series C Funding Round Led by TCV - TCV". TCV. 2018-06-26. Retrieved 2018-07-25.
  22. ↑ "TourRadar, the OTA for tour holidays, scores $50M Series C led by Silicon Valley's TCV". TechCrunch. Retrieved 2018-07-25.
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