Skift Take
How can a story about a company successfully raising $3.5 million get so many things wrong? Quick answer: Users haven't favored social approach and there are no successful "friendsourced, social graph-based models" for Triposo or old-school guides to compete with -- the Trippys and Gogobots are pivoting.
Because there’s already a mess of public destination and travel information in databases like Wikitravel and Open Street Maps, rather than become another player in the brimming social travel space, Triposo took an algorithmic approach to travel recs.
… So, even though models, users and money have favored the social approach, Triposo has attracted nearly two million downloads (and has attracted fairly high ratings) of its travel guides on iOS and Android since launch.
And oh, the news: Triposo has raised $3.5 million series A round led by InterWest Partners, which adds to $700K in seed funding it had raised to date from CrunchFund, Chris Sacca, Taher Haveliwala and Google Wave Co-founder and Google Maps Lead Engineer Lars Rasmussen — to name a few.
Ask Skift Is the AI Chatbot for the Travel Industry
Go deeper into the business of travel with Skift’s new AI chatbot.
Have a confidential tip for Skift? Get in touch