Funding round
TourRadar Seed
TourRadar, which works in organized adventure travel marketplace services in Vienna, raised $500K in a Seed round announced on 28 May 2014. It is TourRadar's first venture round on record.
$500K
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
TourRadar did not disclose a valuation in this round. It is TourRadar's first venture round on record, 4 years after it was founded in 2010. It is under 1% of the $67M TourRadar has raised in the venture rounds on record. TourRadar raised again 24 months later: a Series A round of $6.0M in May 2016.
Comparable rounds
How it compares
The closest in time: 1 in Travel Agencies, then Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Travel Agencies | 30 Sep 2014 | $2.0M | not disclosed | OATV and Slow Ventures |
| Tech Companies | 15 May 2014 | $2.3M | not disclosed | not named |
| Tech Companies | 21 May 2014 | $2.1M | not disclosed | IA Ventures and Softbank |
| Tech Companies | 1 May 2014 | $2.0M | not disclosed | not named |
| Tech Companies | 19 May 2014 | $2.0M | not disclosed | not named |
| Educational Consultants | 23 May 2014 | $2.0M | not disclosed | not named |
| Wealthsimple Investment Consultants & Financial Advisors | 1 May 2014 | $2.0M | not disclosed | not named |
| Payment Processing & Point of Sale | 28 May 2014 | $1.8M | not disclosed | East Ventures and Metamorphic Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did TourRadar raise in its Seed round?
TourRadar raised $500K in its Seed round, announced in May 2014.
What was TourRadar's valuation at the Seed round?
It was not disclosed.
Did TourRadar raise again after this round?
Yes: a Series A round in May 2016 of $6.0M.