Headout operates an on-demand mobile marketplace that helps travelers discover and book tours and activities. The company is described in the article as a travel experiences platform operating in India. It announced an additional $30 million was raised as part of its Series B financing round. The raise was led by existing investor Glade Brook Capital. The article does not provide operating metrics, detailed use of proceeds, or other participating investors. The company announced the funding on Wednesday. Headout operates a marketplace that enables tourists to book same-day tours, events and activities through its app. The company launched in 2015 and expanded globally prior to the pandemic. Business collapsed early in COVID—its business went "from doing $250 million+ to negligible scale in a matter of weeks"—but has since rebounded and the company says it has grown 800% since January 2021. Headout reached profitable EBITDA in July. The new funding will be used to expand into 300 cities, invest in product development, and grow its product, business, marketing and operations teams. Headout plans to hire more than 150 employees worldwide and is seeking acqui-hire opportunities with travel and entertainment startups. Headout operates a mobile-first platform that enables tourists to book last-minute outings—often on the same day—including sightseeing tours, museum tickets and shows. It runs a managed marketplace that standardizes pricing and quality to create a consistent experience. The company emphasizes spontaneous last-minute mobile use cases and says customers save an average of 18% on last-minute bookings. Headout has added French, German and Spanish in select markets and aims to have all inventory available in 12 languages by the end of next year. Over the next 18 months it plans to expand from 20 cities to 100 cities across North America, Europe and the Asia-Pacific. The startup reports eightfold growth over the past 12 months and says it is profitable. Headout operates a mobile travel application that serves as an on‑demand concierge for booking tours, activities and event tickets in cities such as New York and Los Angeles. The app offers roughly 500 last‑minute activities today and reports about 300 additional vendors on waitlists; vendors that are approved receive a standalone mobile app to control inventory and pricing. Headout is developing personalization algorithms that currently use location, time of day and weather and will later tap social data to better match activities to users’ interests. Since launching (relaunched from its earlier Bangalore‑based Tourlandish incarnation), the company says it has booked activities for “tens of thousands” of customers from more than 65 countries and that the business has been doubling month‑over‑month with expectations to grow tenfold this year. The company takes a 20% commission on ticket sales to generate revenue. Headout is San Francisco‑headquartered and is hiring across engineering, sales and operations while preparing API integrations with partners.

Total raised

$54M

Funding rounds

4

Latest round

Series B

Latest activity

Feb 2022