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This is Trippiece’s second round of funding since its launch in 2012, but the startup is still growing its bank of users after initial expectations for social media marketing fell short.
Tokyo-based travel startup Trippiece announced today that it has raised 200 million yen (approximately $2 million) from Draper Nexus Venture Partners and other investors. With the funds, the startup plans to start developing smartphone apps.
If a user-generated travel plan has more than five users apply to join, the startup will arrange a tour using its partnerships with travel agencies. Right now the service has more than 50,000 users, but they need to acquire more to keep going along their planned roadmap.