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TrovaTrip

850 NW 13th Ave 2nd Floor, Portland, OR, 97209, United States

Overview

TrovaTrip is a travel planning and booking platform and marketplace that enables creators to host and sell multi-day experiences and adventures to their communities. The platform provides hosts with a dedicated landing page, email-marketing tools, and payment processing while TrovaTrip handles customer support, traveler management and provides free insurance during trips. Trips are organized by certified tour operators and include local guides, accommodations, inter-city transportation, listed meals and guided activities across categories like photography, wellness, food, LGBTQ+ and yoga. TrovaTrip offers more than 150 experiences across 48 countries and has served over 15,000 travelers to date, charging a 10% service fee plus a 2.9% transaction fee. The company plans to use recent funding to further advance its platform, expand its selection of itineraries and open access to more creators through increased sales and marketing. TrovaTrip also aims to continue improving safety and maintaining high quality standards as the platform grows into a reputable income stream for creators. TrovaTrip operates a marketplace that matches travel group hosts, including content creators, with travelers and partners with tour operators who provide local guides and charge a base rate. Hosts set their own trip prices while TrovaTrip charges travelers a 10% service fee plus a 2.9% credit-card transaction fee. The company lists more than 110 itineraries across 40 countries and reports more than 350 trips planned from 200+ hosts through 2022. Founded in 2017 by co-founders Lauren Schneider and CEO Nick Poggi, TrovaTrip previously raised $750,000. Bookings fell 75% when COVID-19 restrictions began, but the startup sold more bookings last year than before the pandemic by helping creators monetize future trips. TrovaTrip plans to use the new funding to grow its 35-person team and add more tools for trip hosts.

Total raised
$20M
Funding rounds
2
Latest round
Series A
Latest activity
Sep 2022

Industries

  • E-Commerce Platforms
  • Travel
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Recent funding

  1. Series A

    Sep 2022

    $15M

  2. Equity

    Aug 2021

    $5M

Team