AZРУ
To Citylife.az
To Citylife.az

Tripsome Secures its First Venture Capital Investment from Caucasus Ventures

  • 01.10.2023

  • 7525

  • Tourism

Tripsome, the leading marketplace for tickets to leisure, culture, entertainment, sports, and booking services in the tourism and travel industries, opens its US$300,000 seed round for investors led by Caucasus Ventures.

The company plans to utilize the funding to enhance its technological solutions for both users and service operators, with a primary focus on strengthening its product and marketing teams. Presently, more than 400 service operators leverage the platform to showcase their offerings to a diverse audience of leisure customers.

Jasur Hasanov, the CEO and co-founder of the company, expresses, "We're at the beginning of a new chapter. This funding round will enable us to achieve a tenfold increase across our key metrics—revenue, traffic, the count of merchants, and customers. Our team is determined to grow Tripsome into a stage where thousands of service operators can sustain a livelihood by catering to millions of leisure customers."

Caucasus Ventures Leads the Round

Caucasus Ventures has not only invested in this round of funding for Tripsome but is also leading the round to raise a total of US$300,000 by the closing date on October 31, 2023. Mammad Karim, General Partner at Caucasus Ventures, reflects on the journey: "I've been with Tripsome since its start in 2021. Through consistent updates and meetings, we've observed the team's significant investment in understanding the market gap and crafting a solution that genuinely meets customer needs. Initially, I had reservations about the market demand, but my unwavering belief in the founders proved right. Once again, my thesis of investing in founders has been validated, as they've demonstrated the model's success with thousands of paying users and substantial traction."

Tripsome’s Recent Acquisitions Strengthened its Position in the Market

With the successful acquisitions of CityLife.az and Cityquest.az, Tripsome solidified its position as a market leader in the leisure, culture, entertainment, and tourism industries. The company is primed to revolutionize the way people discover and engage with leisure services. Read more here.

About Tripsome

Tripsome is a leading marketplace that specializes in offering tickets to a wide range of leisure, culture, entertainment, and sports services. Additionally, Tripsome provides convenient booking services to the tourism and travel industries. With its innovative approach and commitment to delivering exceptional customer experiences, Tripsome is redefining the way people explore and enjoy the world of leisure activities.



Tourism
All articles
Baku's nightlife: Bars, Clubs, and Live music

Once the sun sets over Baku, the city flips into its party mode. From rooftop clubs to cozy bars and live music, there’s always something happening after dark. So, if you’re wondering where to grab a drink or catch some tunes, here are a few spots you need to check out. Let’s explore Baku’s nightlife scene!

Film lineup previews : Must-watch highlights from the 7th ANIMAFILM festival 2024

Animation fans, buckle up! The 7th ANIMAFILM International Animation Festival is almost here, and it’s bringing a lineup of films so good, you might just leave the cinema with stars in your eyes—or, let’s be real, probably a few tears. The theme for this year’s festival is “Love,” so expect stories that'll tug at your heartstrings, make you laugh, and maybe even make you rethink that last awkward Tinder date. So, whether you’re in it for the emotional rollercoaster, the stunning visuals, or simply the popcorn, here are the films you won’t want to miss. And here’s a little spoiler alert: tickets are already flying like hot cakes, so grab yours on tripsome.az before you’re left watching Netflix and eating cereal. Again.

Tips for a Balanced Lifestyle for Young People

Improving your lifestyle isn't always about giving up your favorite things that are deemed not very beneficial in your life. But in fact, some things are easier than we imagine - all we need to do is add a few healthy habits to lead a healthy lifestyle. The most important thing in improvement is discipline, which will help us to constantly progress. Doing something for a few days and waiting for results is not the way to go. In this article, we will cover some healthy habits for young people and balanced lifestyle tips to help you achieve a healthier future.

Investing for Beginners : Building wealth early

Picture this: you're 70, lounging on a beach, living the dream. No lottery win required—just smart investing. Starting early might sound like something only finance gurus do, but it’s really just about letting your money work for you over time. This guide will walk you through the basics in a fun, digestible way. Ready to plant your financial tree?