Total amount raised
$1.5 Billion
Latest funding date
9/1/2022
Location
Traveloka has successfully raised funding over 8 rounds, with the latest being a Debt Financing round led by BlackRock. The platform offers a comprehensive range of travel services, including hotel bookings, flight tickets, and car rentals.
With backing from 14 investors, including Allianz Global Investors, Traveloka continues to expand its offerings and market presence. Keep reading to explore the intricacies of Traveloka's fundraising journey and the investors backing this innovative platform.
What Is Traveloka?
Traveloka, based in Jakarta, Indonesia, is a prominent online travel aggregator and lifestyle platform. The company operates in various industries, including Big Data, In-Flight Entertainment, Search Engine, and Travel. It offers a comprehensive range of services such as hotel bookings, flight tickets, train tickets, bus and shuttle tickets, airport transfers, car rentals, and various attractions and activities.
Founded by an undisclosed team, Traveloka has grown significantly, employing between 1001 and 5000 people. The platform is designed to provide a seamless travel experience with features like easy refunds, rescheduling options, and instant notifications. Traveloka also engages in partnerships and corporate services, maintaining a strong presence on social media.
How Much Funding Has Traveloka Raised?
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: November 2012
- Lead Investors: East Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the platform and develop initial offerings.
- Series A
- Amount Raised: Not publicly disclosed
- Date: August 2013
- Lead Investors: Global Founders Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and enhance service offerings.
- Series Unknown
- Amount Raised: USD 150,000,000
- Date: January 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and improve technology infrastructure.
- Corporate Round
- Amount Raised: USD 350,000,000
- Date: July 2017
- Lead Investors: Expedia
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen strategic partnerships and expand service portfolio.
- Private Equity
- Amount Raised: USD 420,000,000
- Date: April 2019
- Lead Investors: GIC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fuel international expansion and enhance product offerings.
- Series Unknown
- Amount Raised: USD 250,000,000
- Date: July 2020
- Lead Investors: Qatar Investment Authority
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To navigate the challenges posed by the COVID-19 pandemic.
- Corporate Round
- Amount Raised: Not publicly disclosed
- Date: July 2022
- Lead Investors: PTT Oil and Retail Business Public Company
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To explore new business opportunities and collaborations.
- Debt Financing
- Amount Raised: USD 300,000,000
- Date: September 2022
- Lead Investors: BlackRock
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen financial stability and support long-term growth.
Total Amount Raised: USD 1,470,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- BlackRock
- Details: BlackRock is a global investment management corporation based in New York City. It is one of the world's largest asset managers, with a wide range of investment products.
- Investment Focus Areas: Technology, Healthcare, Financial Services
- Notable Investments: Traveloka, Uber, Airbnb
- PTT Oil and Retail Business Public Company
- Details: PTT Oil and Retail Business Public Company is a leading oil and retail company in Thailand. It operates a wide network of gas stations and retail outlets across the country.
- Investment Focus Areas: Energy, Retail, Logistics
- Notable Investments: Traveloka
- Qatar Investment Authority
- Details: Qatar Investment Authority is the sovereign wealth fund of the State of Qatar. It focuses on global investments to diversify the country's economy.
- Investment Focus Areas: Real Estate, Infrastructure, Technology
- Notable Investments: Traveloka, Volkswagen, Barclays
- GIC
- Details: GIC is a sovereign wealth fund established by the Government of Singapore. It manages Singapore's foreign reserves with a focus on long-term investments.
- Investment Focus Areas: Real Estate, Private Equity, Infrastructure
- Notable Investments: Traveloka, Alibaba, Citigroup
- Expedia
- Details: Expedia is an American online travel shopping company. It operates several travel fare aggregators and travel metasearch engines.
- Investment Focus Areas: Travel, Technology, Hospitality
- Notable Investments: Traveloka, Trivago, HomeAway
What's Next for Traveloka?
Traveloka's recent success in raising USD 300 million opens up significant opportunities for expansion and technological advancements. This substantial funding positions the company to explore new markets and enhance its service offerings, aligning with the growing digital transformation in the travel industry.
Future fundraising opportunities seem promising, given the strong investor interest. This financial backing could pave the way for further rounds of investment, enabling Traveloka to solidify its market presence and possibly pursue strategic acquisitions.
However, the company may face challenges such as intense competition, economic uncertainties, and regulatory hurdles in different markets. Navigating these obstacles will be crucial for sustaining growth and achieving long-term success.
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