Funding Details
- Awarder
- WeFunder
- Date Award
- June 13, 2024
- Vertical
- Travel
- Funding URL
- View Funding Page
- Valuation
-
$2,000,000
Company Info
- Founders
- Vali Lupoaie
- Company Description
- Ollie Travel Engine, represented by the Ollie App, aims to bring the social media experience to the travel industry by allowing users to get paid for creating travel itineraries. The platform targets a market of 420 million tourists who booked trips online in 2021, with a goal of capturing 3% worst-case scenario in 5 years. With an average of $1200 yearly spent on travel per person, Ollie aims for an 11% platform fee in 5 years. The company envisions multiple revenue streams including partner commissions, ads, AI-based marketing, and B2B collaborations. Ollie has a team of 14 members with expertise in management, software development, AI, UX, and marketing.
- Market
- Social Media for Travel
- Location
-
Bucharest,
Romania
Links