Total amount raised
$1.5 Billions
Latest funding date
9/1/2022
Location
Traveloka has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The platform offers a comprehensive suite of travel-related services, including hotel bookings, flight tickets, and car rentals.
Keep reading to explore the intricacies of Traveloka's fundraising journey and the investors backing this innovative platform.
What Is Traveloka?
Traveloka, founded in 2012 in Jakarta, Indonesia, is a leading travel and lifestyle platform. The company was established by Ferry Unardi, Derianto Kusuma, and Albert Zhang. With a workforce of over 2,000 employees, Traveloka offers a wide range of services including flight tickets, hotel bookings, car rentals, and various travel activities.
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.
- Venture Round
- Amount Raised: $150M
- Date: January 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enter new markets.
- Corporate Round
- Amount Raised: $350M
- Date: July 2017
- Lead Investors: Expedia
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen strategic partnerships and enhance technological capabilities.
- Private Equity Round
- Amount Raised: $420M
- Date: April 2019
- Lead Investors: GIC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support long-term growth and innovation.
- Venture Round
- Amount Raised: $250M
- 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 synergies in the travel and retail sectors.
- Debt Financing
- Amount Raised: $300M
- Date: September 2022
- Lead Investors: BlackRock
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To bolster financial stability and support future growth initiatives.
Traveloka has raised a total of $1.77 billion. The current valuation is not publicly disclosed.
Key Investors
- BlackRock
- Details: BlackRock is one of the world's largest asset management firms, headquartered in New York City. It offers a range of investment management, risk management, and advisory services for institutional and retail clients worldwide.
- Investment Focus Areas: Technology, healthcare, energy.
- Notable Investments: Apple, Microsoft, Amazon.
- PTT Oil and Retail Business Public Company
- Details: PTT Oil and Retail Business Public Company is a leading oil and retail company based in Thailand. It operates a wide network of gas stations and retail outlets across the country.
- Investment Focus Areas: Energy, retail, logistics.
- Notable Investments: Not publicly disclosed.
- Qatar Investment Authority
- Details: Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar. It focuses on global investments across various asset classes to diversify the country's economy.
- Investment Focus Areas: Real estate, infrastructure, technology.
- Notable Investments: Volkswagen, Barclays, Harrods.
- 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 value creation.
- Investment Focus Areas: Real estate, private equity, public equities.
- Notable Investments: Alibaba, UBS, Citigroup.
- Expedia
- Details: Expedia is a global travel technology company based in the United States. It operates a wide range of travel booking websites, including Expedia.com, Hotels.com, and Vrbo.
- Investment Focus Areas: Travel, hospitality, technology.
- Notable Investments: Trivago, HomeAway, Orbitz.
What's Next for Traveloka?
Traveloka's recent $300 million funding round opens up significant opportunities for expansion and technological advancements. With this capital, the company can enhance its service offerings and explore new markets, positioning itself as a leader in the travel tech industry.
Future fundraising opportunities seem promising, especially if Traveloka continues to demonstrate growth and innovation. However, the company may face challenges such as intense market competition and economic fluctuations affecting travel demand. Navigating regulatory landscapes in different regions could also pose hurdles.
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