Founded and run by two Aussie brothers, it’s currently hiring travel staff in Brisbane, Toronto and Vienna; it’s the world’s largest platform to book multi-day tours and it has just raised another USD 50 million to expand – so who has heard of TourRadar?
TourRadar markets multi-day tour and river cruising experiences provided by more than 600 operators across Europe, Asia, the Americas, Australia and New Zealand. As well as serving large, famous operators such as G Adventures, Contiki, and Collette, TourRadar also works closely with hundreds of speciality operators that otherwise rely on local agents and word of mouth.
Now based in Vienna, with service centres in Brisbane and Toronto, TourRadar has just announced a USD 50 million Series C funding round led by TCV.
TCV (originally Technology Crossover Ventures) is a venture capital enterprise specialising in tech that has invested over USD 10 billion in more than 240 technology leaders since its inception in 1995. The new investment announced by TourRadar also includes existing investors Cherry Ventures, Endeit Capital, Hoxton Ventures and Speedinvest.
TCV, one of the largest providers of capital to growth-stage private and public companies in the technology industry, has backed industry-leading companies including Airbnb, Expedia, HomeAway, Netflix, SiteMinder, Spotify, Vice, and Zillow.
The Pittman brothers, founders of TourRadar. Left: chief executive Travis Pittman. Right: chief financial officer Shawn Pittman
TourRadar intends to use its new funding to expand its team globally. The company says it will be investing in its technology platform to provide “a personalised user experience for customers in new and existing source markets across the globe”.
TourRadar’s two founders – now the company’s chief executive and financial officer respectively – are two Australian brothers, Shawn and Travis Pittman.
Shawn Pittman, TourRadar’s chief financial officer, is based in Australia. His background has been mostly in the finance industry. He was an investment analyst from 2001 to 2006 for a venture capital company based in London with investments in the UK, Europe and USA.
Travis Pittman, TourRadar’s chief executive, has lived in Vienna for the past nine years after spending four years in London on a working-holiday visa. You never know where life and travel will take you! In his former-life, Travis graduated as a mechanical engineer from the University of Queensland in Brisbane.
In 2017, TourRadar was named one of the top three startups in Austria by Trend Magazine. With its new Series C investment, TourRadar is looking for talent to join its team across the globe. For more information on opportunities available, visit https://www.tourradar.com/careers.
Here’s an extract from the company’s website: “One thing we’ll always remember is what got us here in the first place, and that’s our passion for travel. Each year, each member of the TourRadar crew gets to go on a FAM (familiarisation) trip somewhere around the world.
“Office exchanges are also encouraged, so you can live in another country and culture, gain international work experience, and have a perfectly reasonable excuse to visit Australia, Austria or Canada!”
Not bad!
Written by Peter Needham
.jpg){kind=tracking}
