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Travelio
Funded

Asia’s one-of-a-kind online travel marketplace for alternative accommodation

HEADQUARTERS Indonesia
DEAL TYPE Disclosed
DEAL STATUS Funded
DEAL STAGE Series A
DEAL STRUCTURE Convertible Bonds
TENOR 6 Months
CONVERSION DISCOUNT 10.00%
MINIMUM INVESTMENT USD 50,000
FUNDRAISING GOAL USD 2,000,000

Investment highlights

Market leader

Market leader in the private accommodation space in Indonesia with a strong domestic / international user base

Experienced management team

Experienced management team of Indonesians with diverse hospitality management background

Scalable business model

Focused on serving the local market; readily scalable in Asia Pacific

Great market potential

Taps into Asia Pacific’s US$126.6bn online travel market, growing at a CAGR of 38.9%

Backed by renowned investors

Deal anchored by strategic investors, tier 1 venture capital firms and listed corporate investors

Use of proceeds

  • Expand product development team to improve technology
  • Marketing campaigns to acquire users
  • Regional expansion

Background

Asia’s one-of-a-kind online travel marketplace that enables travelers to book alternative accommodation which provides a more localised experience, at negotiable rates.

Traction

More than 12k hotel inventories in 14 countries across APAC with deal being anchored by a listed corporate investor and notable VC fund