TROOP Overview
- Year Founded
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2017

- Status
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Private
- Employees
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89

- Latest Deal Type
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Accelerator/Inc
- Investors
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22
TROOP General Information
Description
Developer of an event planning platform designed to organize effective global meetings and events strategies for teams. The company's platform uses big data and machine learning to help travel and events managers find the optimal meeting locations for corporate groups, enabling companies to find a suitable destination based on specific requirements.
Contact Information
Website
www.trooptravel.comCorporate Office
- 251 Little Falls Drive
- Wilmington, DE 19808
- United States
Corporate Office
- 251 Little Falls Drive
- Wilmington, DE 19808
- United States
TROOP Timeline
TROOP Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Accelerator/Incubator | Completed | Generating Revenue | ||||
8. Later Stage VC (Series B) | 19-Mar-2024 | Completed | Generating Revenue | |||
7. Later Stage VC | 01-Jan-2024 | Completed | Generating Revenue | |||
6. Early Stage VC (Series A) | 30-Sep-2021 | Completed | Generating Revenue | |||
5. Accelerator/Incubator | 21-Jun-2021 | Completed | Generating Revenue | |||
4. Accelerator/Incubator | 26-Feb-2020 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 05-Nov-2018 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 01-Oct-2018 | $284K | Completed | Generating Revenue | ||
1. Angel (individual) | 16-Mar-2018 | $284K | $284K | Completed | Generating Revenue |
TROOP Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A-1 | ||||||||
Series A | 4,597,952 | $0.000100 | 6% | $1.56 | $1.56 | 1x | $1.56 | 22.02% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
TROOP Comparisons
Industry
Financing
Details
TROOP Competitors (3)
One of TROOP’s 3 competitors is Aervio, a Venture Capital-Backed company based in Barcelona, Spain.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Aervio | Venture Capital-Backed | Barcelona, Spain | ||||
TravelPerk | Venture Capital-Backed | Barcelona, Spain | ||||
Sched | Corporation | Los Angeles, CA |
TROOP Signals
TROOP Investors (22)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Durable Capital Partners | Hedge Fund | Minority | ||
GED Ventures Portugal | Corporate Venture Capital | Minority | ||
TravelTech.VC | Venture Capital | Minority | ||
Top Tier Capital Partners | Fund of Funds | Minority | ||
Acurio Ventures | Venture Capital | Minority |
TROOP FAQs
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When was TROOP founded?
TROOP was founded in 2017.
-
Where is TROOP headquartered?
TROOP is headquartered in Wilmington, DE.
-
What is the size of TROOP?
TROOP has 89 total employees.
-
What industry is TROOP in?
TROOP’s primary industry is Business/Productivity Software.
-
Is TROOP a private or public company?
TROOP is a Private company.
-
What is TROOP’s current revenue?
The current revenue for TROOP is
. -
How much funding has TROOP raised over time?
TROOP has raised $19.3M.
-
Who are TROOP’s investors?
Durable Capital Partners, GED Ventures Portugal, TravelTech.VC, Top Tier Capital Partners, and Acurio Ventures are 5 of 22 investors who have invested in TROOP.
-
Who are TROOP’s competitors?
Aervio, TravelPerk, and Sched are competitors of TROOP.
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