At 33entrepreneurs, we focus on three verticals: Wine&Spirits, Food and Travel. In those fields, we are looking for the most promising teams, the boldest ideas, the most exciting technology. As a consequence, we invest significantly into market analysis and surveys. We have a team of Tech Analysts investigating Wine&SpiritsTech, FoodTech and TourismTech StartUps. We also have some secret sauce...
We are pleased to share some insights here on the 2,700 TravelTech StartUps we are monitoring.
2. InvestinginTOURISMTECHGlobalinsightsAreportby33entrepreneurs-2014Q2
…at an increasing speed…
…everywhere on earth
Sources: StarUps data are based on Based on AngelList, Crunchbase and major data bases.
A $7 TRillion MARKET TO DISRUPT
In 2014, the tourism market has generated more than $7,000
billion, which represents 9% of the world’s GDP. More than 1.1
billion people traveled around the world. Between 2013 and
2014 this market has grown by 4.7%. That number should reach
1.8 billion travelers by 2030 according to WTO (+63% over 15 years).
How do those 2,700 StartUps
breakdown into the Tourism
Industry Value Chain in 2014?
Inspiration
TravelMedia,Marketing,Planning,Itinerary
MetaSearch
&Aggregator
Accomodation
HostelsSearchEngines,OTAs,
Traditionalagencies...
Transportation
Taxi,Flights,Airports,Multimodal,Renting
Tours&Activities
PeerMarkets
Accommodation,Transportation,
Travelitineraries&planning,Media…
B2BTech
PMS,GDS,Channelmanagement,
CorporateTravel…
Miscellaneous
everythingtourism
More than 2,700 StartUps
innovating in TourismTech…
30%
7%
16%
9%
15%
13%
8%
2%
TRAVEL
@
TRAVEL
@
TRAVEL
@
TRAVEL
@
TRAVEL
@
TRAVEL
@
TRAVEL
@
TRAVEL
@
…at an increasing speed…
How do those 2,700 StartUps and
70,000 Apps breakdown by year ?
StartUps
Apps from
AppStore
base 100
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
iPhone Launch
42% 35%
2%
3%
14%
4%
3. Massive investments
in Tourism Tech
InvestinginTOURISMTECHGlobalinsightsAreportby33entrepreneurs-2014Q2
2000 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Nb of startups by foundation year
20
18
16
14
12
10
8
6
4
2
0
$9b
Top 120 startupsTRAVEL
@
TRAVEL
@
TRAVEL
@
@ TRAVEL
@
Inspiration
Meta Search
Accomodation
Transportation
Taxi
Tours & Activities
Peer Markets
B2B Tech
13%
43%
33%
3%
27%
7%
3%
4%
TRAVEL
@
TRAVEL
@
TRAVEL
@
Transportation
Tours and Activities
Peer Market
Meta Search
Inspiration
B2B Tech
Accomodation
4. InvestinginTOURISMTECHGlobalinsightsAreportby33entrepreneurs-2014Q2
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
invested by year invested by year invested by financing round
Nb of Financing Events by year Nb of Financing Events by year Nb of Financing Events
Transportation
Tours and Activities
Peer Market
Meta Search
Inspiration
B2B Tech
Accomodation
...not only in Taxi... ...with series D growing... ...namely in Asia
120
100
80
60
40
20
0
0
1
2
3
4
5
120
100
80
60
40
20
0
0
1
2
3
4
5
120
100
80
60
40
20
0
0
1
2
3
4
5
Seed Series A Series B Series C Series D Series E Series F
South America
Oceania
North America
Europe
Asia
Africa
Series F
Series E
Series D
Series C
Series B
Series A
Seed
NorthAmericaAsia
TRAVEL
@
TRAVEL
@