Tripping.com, a San Francisco, CA-based search engine for vacation homes and short-term rentals, raised $16m Series B financing.
The round was led by Steadfast Venture Capital with participation from:
7 Seas Venture Partners: venture partner Jeff Xiong is the former CTO of Tencent
Enspire Capital: venture firm with offices in China, Hong Kong, Taiwan and Singapore
Azure Capital: venture firm with investments in travel companies TripIt and Switchfly
Erik Blachford: former CEO of Expedia and IAC Travel
Fritz Demopoulos: founder of travel metasearch giant Qunar in China
Monte Koch: board member at Choice Hotels & founder of Auction.com
Drew Goldman: head of Real Estate Investment Banking for Deutsche Bank
Brendan Wallace: formerly of The Blackstone Group and co-founder of Identified
Shawntae Spencer: former NFL Athlete (49ers / Raiders)
The company intends to use the funds to expand into international markets and enhance its mobile offering.
Led by Jen O’Neal, Founder and CEO, Tripping.com is a large platform for vacation rentals with over five million listings spanning 100,000 destinations worldwide. The company partners with rental sites including HomeAway, VRBO, TripAdvisor, Booking.com and dozens more to pull their listings into its platform to allow travelers to search, compare, and book vacation homes around the globe.