TourRadar

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TourRadar
IndustryTourism
Founded2010; 9 years ago (2010)
FounderTravis Pittman, Shawn Pittman
Headquarters
Vienna
,
Austria
Number of locations
Vienna, Toronto, Brisbane
Area served
Global
ProductsMulti-day group tours
ServicesInternet booking engine
Number of employees
200
Websitewww.tourradar.com

TourRadar is an online travel agency and reviews website that specializes in multi-day tours.[1] It claims to have more than 40,000 tours available from more than 1,500 different tour operators worldwide,[2] and acts as an online marketplace for third party tour operators to list their tours so travelers can find and book them.

History[edit]

Founded in 2010, TourRadar was created by Australian brothers Travis and Shawn Pittman,[3] and was inspired by their social travel website BugBitten.[4] TourRadar has since grown to include reviews,[5] and an online travel blog called Days to Come.[6]

2013[edit]

In June 2013, TourRadar announced a round of angel funding[7] from investors including ex-CEO of Expedia, Erik Blachford.

2014[edit]

In May 2014, TourRadar appeared on Austria's version of Dragons' Den, "2 Minuten, 2 Millionen" (2 Minutes, 2 Million),[8] 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.[9]

2015[edit]

In September 2015, TourRadar launched in North America, establishing an office in Toronto, Canada.[10] Christian Wolters, former VP of Sales and Marketing at Intrepid Travel, was announced as the North America Managing Director.[11]

2016[edit]

In May, 2016, TourRadar raised $6 million in Series A funding.[12] In September, the company announced that it would be adding river cruising to its catalogue of bookable tours.[13]

2017[edit]

In October 2017, TourRadar announced that they had completed a Series B funding round.[citation needed] In total, an additional $10,000,000 USD was raised to expand the company's technology and product departments.[14] Later that year, TourRadar was named one of the top 3 start-ups in Austria by Trend Magazine.[15] In the same year they also made the Travolution Awards Shortlist in the following categories:[16]

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

2018[edit]

In June 2018, TourRadar raised $50 million in Series C funding, led by Silicon Valley growth venture capital firm, TCV, who previously backed Expedia and Airbnb.[17] The funding also included participation from existing investors Cherry Ventures, Endeit Capital, Hoxton Ventures and Speedinvest.[18] In November, the company was named Austria's Best Start-up of the Year by Trend Magazine.[19]

2019[edit]

In February 2019, TourRadar launched a global search for two strangers willing to travel the world together for 50 days.[20] Together the two strangers would have their experiences documented by a film crew while they traveled on 5 tours to 5 different destinations, sponsored by Intrepid Travel.[21] The winners were announced by TourRadar on May 15th, 2019[22] and the first episode of their experience aired on YouTube on May 30th, 2019.[23] The series is called Tour the World.

Corporate Information[edit]

Office Locations[edit]

TourRadar has offices in the following 3 cities:[24]

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

Company Size[edit]

TourRadar employs more than 200 employees worldwide.[25]

References[edit]

  1. ^ "VIDEO: TourRadar on raising money and thinking about a big market | PhocusWire". www.phocuswire.com. Retrieved 18 July 2019.
  2. ^ "TourRadar, #1 Online Travel Agency for Multi-Day Tours, Announces US$50M Series C Funding Round Led by TCV". Yahoo Finance. Retrieved 6 May 2019.
  3. ^ “Our Founders”. TourRadar. Retrieved 8 October 2015.
  4. ^ Kevin May:“TLabs Showcase - TourRadar”. TNooz. Retrieved 8 October 2015.
  5. ^ “Dear tour operators, welcome to 2014 – online reviews drive bookings”. Tnooz. Retrieved 8 October 2015.
  6. ^ "Days to Come by TourRadar.com | Travel Magazine, Blog, and Articles". Days to Come. Retrieved 25 July 2018.
  7. ^ Robin Wauters: “Social group tour marketplace TourRadar books funding from ex-Expedia CEO and others”. The Next Web. Retrieved 8 October 2015.
  8. ^ Michael Altrichter (3 April 2014), 2 Minuten 2 Millionen / Puls4 - Michael Altrichter "Tourradar", retrieved 25 July 2018
  9. ^ Thomas Ohr:"Group tour platform TourRadar secures $500k in angel funding". EU-Startups. Retrieved 14 October 2015.
  10. ^ "TourRadar Launches in North America". TravelPress. 2 September 2015. Retrieved 18 July 2019.
  11. ^ “TourRadar Launches in North America”. TravelPress. Retrieved 8 October 2015.
  12. ^ "TourRadar locates $6M Series A for its travel tour booking site". TechCrunch. Retrieved 18 July 2019.
  13. ^ "TourRadar wades into the river cruise market: Travel Weekly". www.travelweekly.com. Retrieved 25 July 2018.
  14. ^ http://www.travolution.com/articles/104813/tourradar-raises-10-million-in-series-b-funding. Retrieved 25 July 2018. Missing or empty |title= (help)
  15. ^ "Ranking: Österreichs beste Start-ups 2017". trend.at (in German). 23 November 2017. Retrieved 25 July 2018.
  16. ^ Group, Travel Weekly. "Travolution Awards: Travolution Awards 2017". www.travolutionawards.co.uk. Retrieved 25 July 2018.
  17. ^ "TourRadar, the OTA for tour holidays, scores $50M Series C led by Silicon Valley's TCV". TechCrunch. Retrieved 25 July 2018.
  18. ^ "TourRadar, the OTA for tour holidays, scores $50M Series C led by Silicon Valley's TCV". TechCrunch. Retrieved 18 July 2019.
  19. ^ https://www.trend.at/trendventure/oesterreichs-beste-start-ups-2018-10496282
  20. ^ https://plus.google.com/+travelandleisure/posts. "You Can Travel the World for Free — If You're Willing to Do It With a Stranger". Travel + Leisure. Retrieved 18 June 2019.
  21. ^ "Small Group Tours & Travel, Big Adventures | Intrepid Travel". www.intrepidtravel.com. Retrieved 18 June 2019.
  22. ^ "Meet the Two People Who Will Be Touring the World with TourRadar". Days to Come. 15 May 2019. Retrieved 18 June 2019.
  23. ^ TourRadar (30 May 2019), Tour the World - Ep 1: "Is that a yes?", retrieved 18 June 2019
  24. ^ "Contact us". www.tourradar.com. Retrieved 25 July 2018.
  25. ^ "LinkedIn". LinkedIn.

External links[edit]