Total amount raised
$1 Billion
Latest funding date
2/1/2025
Location
Klook has successfully raised funding over 10 rounds, with the latest being a Series F round led by Vitruvian Partners. The platform connects travelers with a wide range of experiences and attractions, making it a go-to for adventure and leisure activities.
With 23 investors backing its growth, Klook continues to expand its offerings and reach in the travel industry. Keep reading to explore the intricacies of Klook's fundraising journey and the investors supporting this dynamic platform.
What Is Klook?
Klook, founded in 2014, is a travel and activity booking platform headquartered in Singapore. The company operates in various industries, including adventure travel, hospitality, leisure, tourism, and travel accommodations.
With a workforce of 1001-5000 employees, Klook connects travelers with a wide range of experiences and attractions. The platform offers services such as tours, accommodations, and transportation, aiming to provide a joyful and convenient travel experience.
How Much Funding Has Klook Raised?
- Seed Round
- Amount Raised: USD 1,500,000
- Date: December 2014
- Lead Investors: Welight Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the platform and develop initial offerings.
- Series A
- Amount Raised: USD 5,000,000
- Date: October 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's reach and enhance user experience.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: August 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and platform improvements.
- Series B
- Amount Raised: USD 30,000,000
- Date: March 2017
- Lead Investors: HSG
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enter new markets.
- Series C
- Amount Raised: USD 60,000,000
- Date: October 2017
- Lead Investors: Goldman Sachs, HSG
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance technological capabilities and expand service offerings.
- Series D
- Amount Raised: USD 200,000,000
- Date: August 2018
- Lead Investors: HSG
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen market position and accelerate growth.
- Series D
- Amount Raised: USD 225,000,000
- Date: April 2019
- Lead Investors: SoftBank Vision Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand globally and enhance platform features.
- Series E
- Amount Raised: USD 200,000,000
- Date: January 2021
- Lead Investors: Aspex Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth and innovation in the travel sector.
- Series E
- Amount Raised: USD 210,000,000
- Date: December 2023
- Lead Investors: Bessemer Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and enhance platform capabilities.
- Series F
- Amount Raised: USD 100,000,000
- Date: February 2025
- Lead Investors: Vitruvian Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To drive growth and expand into Western markets.
Total Amount Raised: USD 1,231,500,000. Current Valuation: Not publicly disclosed.
Key Investors
- Vitruvian Partners
- Details: Vitruvian Partners is a global growth investment firm managing approximately $20 billion of active funds. They have offices in major cities including London, Stockholm, and Singapore.
- Investment Focus Areas: High-growth companies, travel sector, technology.
- Notable Investments: Just Eat, Skyscanner, Wise.
- Bessemer Venture Partners
- Details: Bessemer Venture Partners is a leading venture capital firm that has been investing in innovative companies for over a century. They led Klook's $210 million fundraising round in December 2023.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: LinkedIn, Pinterest, Shopify.
- Aspex Management
- Details: Aspex Management is an investment management firm focused on long-term growth opportunities in the Asia-Pacific region. They participated in Klook's Series E funding round in January 2021.
- Investment Focus Areas: Technology, consumer, healthcare.
- Notable Investments: Not publicly disclosed.
- SoftBank Vision Fund
- Details: SoftBank Vision Fund is one of the largest technology-focused investment funds in the world. They have been a significant investor in Klook since the Series D round in April 2019.
- Investment Focus Areas: Technology, artificial intelligence, robotics.
- Notable Investments: Uber, WeWork, ByteDance.
- HSG (HongShan Capital Group)
- Details: HSG, formerly known as Sequoia China, is a prominent venture capital firm in China. They have been involved in multiple funding rounds for Klook, including Series B and Series D.
- Investment Focus Areas: Technology, healthcare, consumer services.
- Notable Investments: Alibaba, JD.com, Meituan.
What's Next for Klook?
As Klook looks to the future, the company is poised to capitalize on significant opportunities in the travel industry. With a strategic focus on expanding beyond the Asia Pacific into Western markets, Klook aims to leverage its strong supply chain to attract Western travelers, particularly to destinations like Japan. The company is also enhancing customer experiences and merchant operations through AI partnerships and digital transformation initiatives.
Future fundraising opportunities appear promising, given the recent $100 million investment from Vitruvian Partners. This strategic partnership, along with Klook's ongoing expansion plans, suggests that additional funding rounds may be on the horizon to support growth and innovation. The company’s focus on Millennial and Gen Z travelers, who make up a substantial portion of its user base, further underscores its potential for continued investor interest.
However, Klook will face challenges as it navigates this growth. Competing with established giants like Viator and GetYourGuide in Western markets, maintaining operational excellence, and adapting to rapidly changing social media trends are all hurdles the company must overcome. Despite these challenges, Klook's strategic initiatives and strong market position indicate a bright future ahead.
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