Travel Community Commerce 'Tripsoda' Selected for TIPS

Funding Rounds

Summary

Tripsoda, a vertical travel community commerce platform, was selected for South Korea's TIPS program and will receive up to KRW 700 million in R&D and business support over two years. The company was recommended by TIPS operator SoPoong Ventures and will use the funding to develop AI technologies supporting travel product development and partner travel agencies. Tripsoda operates a community-driven commerce platform that helps travelers communicate, meet, and purchase adventure travel products, and it has launched trips to destinations like Mongolia and Kyrgyzstan using traveler big data. The company aims to adapt quickly to changing traveler needs and scale its travel product offerings through the TIPS-backed support.

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Amount $538.5K Total raised
Date June 10, 2024 Announcement date
Investors - Lead investors
Company - Funded company

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