headout founder net worth
Last Funding Round $30M, Series B, Feb 02, 2022. Among them: Shahid Kahn, founder of Flex-N-Gate auto parts maker and Jacksonville Jaguars owner. 1501 Broadway 12th floor, suite. New York, NY. United States. Salary Score. New York based Headout is on a mission to make spontaneous and more fun. Headout, travel experiences app, has raised an additional $30 million in Series B financing round in addition to the $12 million raised in September last year, bringing the total round size to $42 million. Bored of work, home and Netflix? As a result, Headout received a few more inbound requests, too, and, decided to close on the additional funds. By using this website, you are agreeing to our use of cookies in accordance with our Privacy Policy. PM holds Covid meeting amid renewed concerns, says 'pandemic far from over', Serum Institute tops profit charts among unlisted firms amid Covid war, Personal finance 101 from an industry veteran, Introduce personal finance lessons in college: BJP MP in Parliament, Meta now allows Quest users to tap, swipe in VR without controllers, Meta to acquire VR startup 'Within' after favourable court ruling, Himanta Biswa Sarma launches Mission Lifestyle for Environment in Assam, Serious failure of Jharkhand to prevent environmental lawlessness, says NGT. Headout's Profile, Revenue and Employees. Location New York City, United States. Headout takes a commission on the bookings and is dabbling with the idea of a subscription, which its now piloting. The investment is led by existing investor Glade Brook Capital with the participation of existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others. Gain competitive advantage and lead your product category with smart, measurable sales and marketing strategies. Commercepedia Maturity Score. ). [7] Local tour operators can partner and list their activities and experiences on headout. The company began focusing on domestic tourism in the last quarter of 2020. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Story continues below. Varun Khona, Vikram Jit Singh, Suren Sultania, "To Expand Local Experiences To 100 Cities, Headout Raises $10 Mn Series A Funding From Nexus Venture Partners", "Nexus, others invest $10m in local experiences venture Headout - Times of India", "Headout lands $10M Series A to help tourists book last-minute outings", https://www.crunchbase.com/organization/tourlandish#section-overview, "Headout secures $10M funding from Nexus VP & others - ETtech", https://www.pymnts.com/news/retail/2018/headcount-travel-vacations-reservations-funding-investment/, "Headout Raises $1.8M in Seed Funding -FinSMEs", "Headout Raises $10 Million for Activities Tech: Travel Startup Funding This Week", "Exclusive: Parcelled co-founder moves on to Headout", "Headout earmarks $10m Series A for more cities, more languages, more branded experiences", "Headout Raises $1.8 Million For Its Travel App That Puts A Concierge In Your Pocket", "Xconomy: Headout Lands $10,403,338 Series A Financing Round", https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/headout-raises-10-million-from-nexus-others/articleshow/64969786.cms, "Headout raises $10M to fuel growth - Mobile World Live", "8 startups that'll make your travel experience so much better", "Headout raises Series A funding of $10M from existing investors", "Travel Startup Headout Lands $10 Million Series A", https://en.everybodywiki.com/index.php?title=Headout&oldid=211454. President of Marketplace Services for North America at Wunderman Thompson Commerce. 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Its joined by existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others. As a result, Headout received a few more inbound requests, too, and, decided to close on the additional funds. Date of experience: June 19, 2023. Headout revenue is $25.0M annually. Headout is here to make travel more fun they want to help their customers rediscover the joy of traveling by bringing the best tours, activities and attractions in your destination right to their mobile device. Thank you! While Stockton's exact net worth isn't public knowledge, between his family money, OceanGate salary, and aerospace experience, his estimated net worth is $12 million. Record Coverage High. The unique full-services brand works with small and medium experience providers to standardize a highly fragmented industry through consistent uniform upgrades to infrastructure and service levels. Stay up to date and accelerate your business with tips, tricks, and the latest commerce news. In a single month, Headout normally makes close to $2.1M in revenue. SAS co-founder and CEO James Goodnight, 80, ranked at No. Anthony Tan Grab cofounder and CEO Citizenship: Singapore Billionaire for less than a day Net worth: $600 million Tan was a billionaire for a few hours on December 2 following the IPO of his. The investment is led by existing investor Glade Brook Capital with the participation of existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others Headout's mission, as a counter to this problem, is to enable all of us to discover and access real-life experiences. Billionaires (2023) #2. (929) 238-3053. Something went wrong while submitting the form. . Developer of an on-demand mobile marketplace intended to help travelers discover and book experiences and tours and to provide reliable and superior service in a fragmented industry. Headout is a New York-based online booking platform that allows travelers to discover and book tickets for holiday destinations and events. Annual Revenue $1.81M as on Dec 31, 2018. . Total amount raised across all funding rounds, Total number of lead investment firms and individual investors, Total number of investment firms and individual investors, Announced Date: Date that the Funding Round was publicly announced, Transaction Name: Auto-generated name of transaction (e.g. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Respond quickly and intelligently to emerging market developments. Headout Credits. 305 on the Forbes Billionaires list with an estimated net worth of $7.4 billion, using March 2023 data. Headout peak revenue was $25.0M in 2021. Forbes Lists. Headout's mission is to entertain, educate and inspire people all over the globe by connecting them with amazing in-person experiences. Tanishka has worked with multiple organizations in Digital Marketing and HR facing roles she has a knack for understanding human psychology and is able to leverage that to ensure that she can connect with the customer to meet their needs with the products that her organization is offering. Headout raises $12M in major expansion bid for activities platform, Copyright 2023 by Northstar Travel Media LLC. Headout has raised a total of $57.7M in funding over 8 rounds. Now its existing investors have returned to add more capital to Headouts latest round. HOVER TO REVEAL NET WORTH BY YEAR . These experiences can be booked from the Headout website or through iOS and Android apps. But that growth slowed in December and January as Omicron spread. Ellison, 78, passed Microsoft Corp . Discompare.com is the best option for shopping online because it offers amazing deals on a wide variety of items and is a virtual treasure chest. It generates revenue by working directly with local service providers to digitize their offerings and provide support for last-minute bookings, priced dynamically. Headout's Co-Founder & CEO, Varun Khona, currently has an approval . Zero in on the most effective ways to reach customers with retail media advertising, share-of-voice analysis and closed-loop reporting. * Check this interview with Khona, recorded for the How I Got Here podcast in September 2020. Discover the actionable insights you need to propel greater impact. Richard Schulze, Best Buy founder. $152B. Oben Electric is an electric motorcycle start-up. The total capital raised by the U.S.-based company is now close to $30 million over six rounds. The Richest Person In Every State (2023) #3. Oops! [2][5][6][7], Headquartered in New York, Headout was founded in 2014 by Varun Khona (CEO), Suren Sultania (COO) and Vikramjit Singh (CTO). HOVER TO REVEAL NET WORTH BY YEAR. Forbes' Real-Time Billionaires rankings tracks the daily ups and downs of the world's richest people. Guillaume Pousaz, the Swiss billionaire behind London-based payments fintech Checkout.com, is now Europe's richest tech entrepreneur following a new round of fundraising. $500 worth of Headout Credits to, you guessed it, head out to any of our experiences around the world. Pacvue gives you access to global marketplaces, including Amazon, Walmart, Target, Kroger and more. Chris Larsen is the co-founder and chairman of crypto payment protocol Ripple and the cryptocurrency XRP. In the ever-evolving commerce landscape, timely, accurate data is necessary to chart your path. Industries Mobile Travel Headquarters Regions Greater New York Area, East Coast, Northeastern US Founded Date Jan 1, 2015 Founders Suren Sultania, Varun Khona, Vikram Jit Singh Operating Status Active Last Funding Type Series B Legal Name Headout Inc. Company Type For Profit Contact Email hi@headout.com Pousaz's company is now. Headout Overview. However, OceanGate has been valued at $66 million, so as the Founder and CEO of OceanGate, he likely has a high financial stake in the company. Net worth: $4.1 billion. June 19, 2023. The new funding will be used to expand into 300 cities, product development and its product, business, marketing and operations teams. You get to see all the behind the scenes stuff, like the players dressing rooms and hear all about the long history of the club. A marketplace that let tourists make same-day bookings for tours, events and activities, the app expanded around the world after launching in 2015. New York, NY. The Series B round was led by Glade Brook Capital, with participation from existing backersVersion One Ventures, Nexus Venture Partners, FJ Labs, 500 Startups, Haystack and Ludlow Ventures. But business is growing again thanks to rebounds in domestic travel and Headout claims it has grown 800% since January 2021. It allows us to make adjustments so much faster than we were able to do previously. Over the past few weeks, however, Headouts business ramped up yet again as the latest COVID variant began to peak. Online lending platform for the salaried individuals. Roark Capital founder and managing partner Neal Aronson in 2018. . PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. 311 W 43rd St Office 11-120 The terms that were offered and the alignment that we had with them on the long-term vision was so good that it was just very hard to say no, Khona added. They also tend to be city-dwellers, fairly educated and love to travel, of course. In addition to this Tanishka has worked in multiple teams and she always ensures that she is able to help . The national average salary for a Headout employee in the United States is $32,982 per year. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, General contact email for the organization. But as travel gradually resumes, Headout identified two massive tailwinds. The first is an unprecedented demand for domestic travel. Net worth: $2.8 San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. In fact, in a single year, Broadway shows will sell more tickets than all the area's sporting events combined (Knicks, Mets, Rangers, Yankees, etc. Headout wont detail its monthly active users, revenue run rate or valuation its just high hundreds of millions, Khona says. The company announced today it has raised $12 million led by Glade . Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Increase in scale equals an increase in our bottom line and our profits, he says. The terms that were offered and the alignment that we had with them on the long-term vision was so good that it was just very hard to say no, Khona added. Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm. On the product side, Headout will use some of the capital to improve the experience both for its partners and consumers. Varun Khona, Co-Founder & CEO; Vikram Jit Singh, Co-Founder & CTO; Headout plans to hire more than 150 employees around the world and is also looking for opportunities to acqui-hire travel and entertainment startups. Headout Travel Arrangements New York, New 17,411 followers Building the future of how we experience our cities. And in the near term, Headout will grow its 150-person team by another 200 to 250+ people over the next couple of months by hiring across all roles. Profession: Founder and CEO of My Pillow "We were not actively raising," notes Headout co-founder and CEO Varun Khona. Its customers tend to be young couples or families, as the average booking size is either two to three persons. All rights reserved. Update, 2/2/22, 4:50 PM ET: Updated quote about $250 million to negligible scale during COVID to an exact quote from prior reporting. New York, NY 10036-5601. [8][2][16][17], The company has four major competitors in this market, Klook, TripAdvisor-owned Viator, Get Your Guide and Airbnbs Experiences feature.[18][19]. Okt. NorthLadder is an online platform that specializes in facilitating the trade of pre-owned electronics such as mobile phones, tablets, and smartwatches in Dubai and Saudi Arabia. This article "Headout" is from Wikipedia. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. By July, the startup became EBITDA profitable. Open. Founded Year 2014. People are sitting on additional cash and theyre not able to travel internationally but the desire to travel, to see things, and to do things is as high as it has ever been, says Khona. In today's world littered with digital screens and a 'busy' lifestyle, there is a need for a solution that augments our human experience by getting us to interact and explore our real world and the people in it. $500 worth of Headout Credits to, you guessed it, head out to any of our experiences around the world. However, the company will disclose that, so far, 10 million people from more than 190 countries have now booked an experience on its platform. Varun Khona, co-founder and CEO, says: "The world is an incredibly boring place without travel and real-life experiences. Chairman and Founder, Amazon. Vikram Jit Singh Summary Overview Number of Founded Organizations 1 CB Rank (Person) 86,166 Primary Job Title Co-Founder and CTO Primary Organization Headout Location Bengaluru, Karnataka, India Regions Asia-Pacific (APAC) Gender Male LinkedIn View on LinkedIn Twitter View on Twitter Vikram Jit Singh is the Co-Founder and CTO at Headout. Edit Lists Featuring This Company Section, Headout announces ESOP buyback for 104 employees, ETtech Deals Digest: Loadshare, Headout, Jar raise funds, On-Demand IRL Experiences Startup Headout Raises Additional $30 Mn in Series-B Led by Glade Brook Capital, Companies With Fewer Than 1000 Employees (Top 10K), Northeastern US Early Stage Companies With More Than $10M in Revenue, United States Companies With Fewer Than 1000 Employees (Top 10K), New York Early Stage Companies With Fewer Than 1000 Employees. We are now a little bit more aware of the limitations of what life could look like if the things that we love are taken away from us, both in terms of time and access.. 1. Our business went from doing $250 million+ to negligible scale in a matter of weeks., Travel activities platform KKday raises $75 million Series C as it focuses on staycations. Most people use their team or company name. The company, at this point, has survived challenges that could have otherwise ruined its business. Forbes added Liautaud to its annual Billionaires List in March 2019, estimating his net worth to be $1.7 billion. Mohammed Taha Bengaluru, Karnataka, India 30K followers 500+ connections Join to view profile Abnormal Security Articles by Mohammed Headout & GlobalTix to Offer Seamless Ticketing to Customers. Covid has only made us more relentless on our mission to inspire people to experience the world out there. This website stores cookies on your computer to collect information about how you interact with our website and allow us to improve your browsing experience. For the former, its working on better ways to push out last-minute inventory and tools that would allow a tour to showcase the current live location of the guide for those who wanted to join late, for example. Glade Brook, an investor since September, saw the continued growth that weve had and wanted to double down on our investment, he explains. But instead of closing up shop, the startup pivoted to focus more on domestic travel, catering to people looking to explore their own cities or those nearby. This article was updated on Nov. 6, 2017, and originally published on May 15 . Get the full list, Morningstar Institutional Equity Research. The list of its authors can be seen in its historicaland/or the page Edithistory:Headout. Broadway ticket sales rake in over $1 billion annually. The tours and activities platform's previous largest round came in July 2018 when it raised a Series A investment worth $10 million. [10] [11] To win this space, we prioritized onboarding new experiences that are more diverse, local and niche to attract domestic travelers. With an aggregate net worth in excess of $160 billion, these billionaires are the five-richest investors in the world. Ikea founder Ingvar Kamprad died, aged 91, on Jan. 27. Pacvues state-of-the-art platform empowers you to: You know what your business is capable of achieving. Total Funding $70.5M. 2023 PitchBook. Last Updated: July 14, 2022 Things to do in New York Broadway Infographic: What's a Tony Award Worth? And for Headout users, the company is working on discovery improvements its not yet ready to detail. Headoutplans to use a $12 million financing round to expand the service to a large number of new destinations. Choose a name for your PipeCandy subdomain. Headout has 50 employees, and the revenue per employee ratio is $500,000. seamlessly and delightfully; thereby inspiring all of us to head out and see the amazing world we live in up close. Today, Headouts marketplace offers travel experience bookings in 50 cities worldwide. Headout revenue is $25.0M annually. Software Development Company size 201-500 employees Headquarters New York, New Type Privately Held Founded 2015 Locations Primary W. 43rd St 311 W 43rd Street Office 11-120 New York, New 10036, US. United States. It plans to expand its service to 500 cities in the next 24 months. But business is growing again thanks to rebounds in domestic travel and Headout claims it has grown 800% since January 2021. Photo by FABRICE COFFRINI/AFP/Getty Images. Category: Richest Business CEOs Net Worth: $20 Million Date of Birth: Jun 28, 1961 (61 years old) Place of Birth: Mankato, Minnesota, U.S. Urja is a platform that generates real-time insights from industrial machinery with patent-pending sensing and processing technologies. [8][14][15], Founded in 2015, Headout serves as a mobile marketplace that aggregates third-party activities, tours and tickets for tourists and locals. Could non-personalization hold the key to retailing success for airlines? As well as the expansion plan to 300 new cities (it is currently in 30), Headout says it will use the investment to hire 150 new employees and product development. Headout Inc. is an online platform for locals and tourists to discover and book tours, excursions, day trips and get last-minute tickets to major tourist attractions, museums, shows and events. Get the full list, To view Headouts complete board members history, request access, Youre viewing 5 of 41 investors. How much funding has this organization raised over time? [10][11], In 2015, Headout had raised a $1.8 million seed round from Version One Ventures, 500 Startups, Nexus Venture Partners and Arena Ventures. Khona also sees an opportunity in growing the team via acquisitions, noting that there were a lot of travel and entertainment startups out there that didnt have the capital to survive the pandemic, but have a lot of great talent. Headout's primary competitors include Viator, BeMyGuest, Thrillophilia and 13 more. They claim to be the only company in the space that offers last minute deals with 15% cheaper pricing and 3x faster checkout. Headout Founders. All Rights Reserved. Join the conversation. Headout says it reached profitable EBITDA (earnings before interest, taxes, depreciation and amortization) in July. Suren Sultania New York, NY HQ. 79/100. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Tourlandish Ownership Status Privately Held (backing) Financing Status Venture Capital-Backed Primary Industry Other Restaurants, Hotels and Leisure Other Industries Application Software Information Services (B2C) Primary Office 82 Nassau Street Suite 60351 New York, NY 10038 United States +1 (347) 000-0000 By November 2021, the company had seen about 10x growth compared with the beginning of the year, Khona told TechCrunch. Head out now to an incredible experience and have the time of your life. Modern tech to enable you to build secure credit, stay away from unnecessary debt, and help with responsible spends. 2019 . United States. "Glade Brook, an investor since September, saw the continued growth that we've had and wanted to double down on our. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies.
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