Tripping.com explained

Tripping.com
Type:Online search engine and review aggregator
Company Type:Subsidiary
Founded:San Francisco, California
Services:Lodging
Hospitality
Homestay
Parent:Hometogo
Commercial:Yes
Launch Date:2009

Tripping.com, a subsidiary of HomeToGo, is an online search engine and review aggregator for vacation rentals. It aggregates over 10 million listings in more than 150,000 cities worldwide.[1] It is based in San Francisco, California. Tripping.com partners with and displays listings from booking websites including Booking.com, HomeAway, Vrbo, FlipKey, Roomorama, Interhome, Novasol, Wimdu, ZenRentals, Bedycasa, WayToStay, Gloveler, HolidayVelvet, 9flats, AlwaysOnVacation, RedAwning, and Housetrip. Users can search by price, ratings, location and features and amenities.

History

Tripping.com was founded in 2009 by Nate Weisiger and Jen O’Neal, both former employees of StubHub,[2] and Jeff Manheimer, a travel industry professional with experience at Hyatt and Travelzoo.

In 2012, Tripping.com entered into a business partnership with AARP.[3]

Financing

In 2011, Quest Venture Partners invested $450,000 in Tripping.com, bringing total investment to over $1,000,000 in seed money and bringing Tripping.com out of beta version.[4]

In 2012, Tripping.com became a metasearch engine for vacation rentals.[5]

On May 19, 2014, the company closed its Series A round in the $5 million to $10 million range.[6]

On July 28, 2015, the company closed its round of Series B funding at US$16 million.[7] Steadfast Venture Capital led the round, which also included 7 Seas Venture Partners, Enspire Capital, Azure Capital, Fritz Demopoulos (founder of Qunar), Erik Blachford (former CEO of Expedia), Monte Koch, Drew Goldman, Brendan F. Wallace, Richard Chen, and former NFL athlete Shawntae Spencer.[8]

In December 2016, the company raised $35 million in a Series C funding.[9] [10]

In December 2018, the company was acquired by Berlin-based Hometogo.[11]

See also

Notes and References

  1. Web site: Find the Perfect Place to Stay.
  2. Web site: When A Couchsurfing Startup Gets A Million In Funding . . Nicole . Perlroth . 11 July 2011.
  3. News: AARP teams with Tripping hospitality social network . . Edward C. . Baig . 23 September 2011.
  4. News: Tripping Officially Exits Beta, Uses $1M for Cultural Immersion . Meghan . Kelly . . July 11, 2011 . subscription.
  5. News: Tripping Becomes a Kayak for Home Rentals . Liz . Gannes . . 16 May 2012.
  6. Web site: Tripping, The Kayak Of Vacation Rentals, Just Closed Its Series A Funding Round . Karyne . Levy . . 19 May 2014.
  7. News: Tripping.com Locates $16 Million for Alternative Lodgings Search Engine . Lora . Kolodny . . July 28, 2015 . subscription.
  8. Web site: Tripping.com Raises $16 Million To Be The Kayak For Long-Term Rentals . Christine . Magee . . July 28, 2015.
  9. News: S.F. vacation rental booking startup Tripping.com raises $35M . Tessa . Love . . December 14, 2016.
  10. News: Tripping.com nets $35 million, as investors come knocking for travel metasearch . Sean . O'Neill . Phocuswire . December 14, 2016.
  11. News: Hometogo Buys a Near-Death Tripping in Vacation Rental Rollup . Sean . O'Neill . Dennis . Schaal. Skift. December 5, 2018.