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Grapevine
Built to enhance TMC revenues
- 1-20 employees
- Travel
- SaaS
- Shepherd's Bush, London, UK
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Company mission
To help Travel Management Companies (TMCs) significantly increase ancillary attachment rates and capture in-destination spend.
Our take
Grapevine is built by business travellers, for business travellers. The company understands the pain points for the end user all too well. It is trusted by clients in the UK and the US, including Gray Dawes Travel, Wexas Travel, and National Travel.
Grapevine works differently to travel agents. It partners with Travel Management Companies and supplies the tools they need to provide business customers with consumer-grade personalisation.
This is particularly important as, whilst TMCs are great at selling flights, ancillaries have proved more of a challenge. Over 70% of hotel bookings are leaked to off platform sources and next to no in-destination spend is being captured. A huge amount of revenue being left on the table and Grapevine's mission is to change that.
Freddie
Company Specialist at Welcome to the Jungle
Funding (2 rounds)
Aug 2020
$0.2m
EARLY VC
May 2019
$0.5m
SEED
Total funding: $0.7m
This company has top investors
Leadership
Jack Dow
(CEO)A Masters in Business Studies and French from Edinburgh University. Worked as Asset Manager for Land Securities Trillium for 4 years. Over 8 years as Senior Manager of Capital Transactions at Dexus.