Triptrotting Inc. has raised $1.5 million in Series A financing from investors including Golden Seeds, Google Ventures, Idealab, LaunchpadLA, 500 Startups, WI Harper Group and individual angels. The company, which aims to connect travelers with local hosts for meet-ups, will use the money to continue development of its social platform.
Golden Seeds announced today that it has joined a list of top-tier investors in Triptrotting, Inc’s Series A financing of $1.5 million. Triptrotting is a global community connecting world travelers with like-minded local hosts for meet-ups and authentic experiences. Co-investors included Google Ventures, Idealab, LaunchpadLA, 500 Startups, WI Harper Group and individual angel investors. The capital will fuel further development of the company’s social platform as well as providing marketing power to expand its global user base.
Triptrotting’s mission is to connect people with similar interests from different corners of the world, who otherwise might never have met each other. Through face-to-face interaction, people are able to make a stronger personal connection, and learn to understand each other beyond cultural differences and boundaries.
“We’re dedicated to building a global community connecting like-minded people from different cultures and bringing people together,” said Aigerim Shorman, co-founder of Triptrotting.
“This round of financing will allow us to focus on product development and community building,” added Shana Zheng, Shorman’s founding partner and Triptrotting co-founder.
“Triptrotting has rapidly expanded to over 2,000 cities world-wide, and is on a powerful trajectory,” said Sara Weinheimer, Managing Director of Golden Seeds in Los Angeles. “We are proud to add them to our portfolio of women-founded companies.”
About Triptrotting: Triptrotting was founded in 2010 by avid travelers and University of Southern California graduates Aigerim Shorman and Shana Zheng. Inspired by their shared belief that traveling is about the experience and the people you meet, the Triptrotting engine and community was created. The company is located in Santa Monica, California, to join Mark Suster’s Launchpad LA. Begin your adventure at http://triptrotting.com .
About Golden Seeds: Golden Seeds is an investment firm dedicated to delivering above market returns for investors through the empowerment of women entrepreneurs. Its angel network is the fourth largest in the US and was the third most active in terms of deals done in 2011. Its venture capital group of eight Managing Partners currently has two funds with $30 million under management. Started in 2004 and headquartered in New York, with offices in Boston and San Francisco, the firm also has investor groups in Los Angeles and Dallas.