Travel.win

Travel.win

Closed: Apr. 2024

About this raise

Travel.win, with a valuation of $16.8 million, is raising funds on NetCapital. The company provides a travel loyalty platform that makes it easy for loyalty providers, financial institutions, and consumer marketplaces to increase their customer retention and revenues. The platform provides mobile optimized integration and enables companies to promote travel in their brand name and earn commissions. Travel.win has launched Sezzle, NCR, Drop, and Loyalty Key and generated $1.2 million in gross bookings. Ted Mooney founded Travel.win in July 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for enhanced hosting, bonuses, compensation for managers, consultants, and other general and administrative expenses.

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Investment Overview

Invested this round: $28,589

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
04/19/2023
Close Date
04/26/2024
Min. Goal
$10,002
Max Goal
$1,199,350
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.15

Pre-Money Valuation

$20,581,311

Company & Team

Company

Year Founded
2020
Industry
Travel and Hospitality
Tech Sector
MarketplaceTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
FORT LAUDERDALE, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
Yes
Founder Name
Joy Jamon
Title
VP of Operations
Founder Name
Ted Mooney
Title
CEO
Founder Name
Roland Hollis
Title
CTO

Financials

as of Fiscal Year 2022
 Revenue -24.2% YoY
$102,906
 Monthly Burn
$12,107
 Runway
20.8 months
Gross Margin
73%

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$102,906

$135,747

COGS

$27,761

$67,517

Tax

$0

$0

 

 

Net Income

$-145,282

$-140,281

Summary Balance Sheet

FY 2022 FY 2021

Cash

$251,538

$402,371

Accounts Receivable

$0

$0

Total Assets

$357,715

$511,061

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,250,872
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/26/2024 Netcapital $20,581,311 $28,589 Equity - Common Funded RegCF
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Add to portfolio
Travel.win on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $20,581,311
Price per Share: $4.15

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Follow Travel.win on NetCapital 2023

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Warning: according to the close date for this deal, Travel.win may no longer be accepting investments.

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