WeRoad
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | <1m | 10.0m | 22.0m | 10.2m | 29.7m | 27.8m |
% growth | - | 24900 % | 120 % | (54 %) | 191 % | (6 %) |
EBITDA | (<1m) | (1.3m) | (1.5m) | (1.2m) | (1.7m) | - |
% EBITDA margin | (692 %) | (13 %) | (7 %) | (11 %) | (6 %) | - |
Profit | (<1m) | (1.5m) | (1.6m) | (1.7m) | (2.5m) | - |
% profit margin | (539 %) | (15 %) | (7 %) | (17 %) | (8 %) | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
€3.0m | Seed | ||
$4.5m | Seed | ||
$4.5m | Debt | ||
$4.5m | Convertible | ||
* | $19.6m | Series B | |
Total Funding | $31.9m |
Recent News about WeRoad
EditWeRoad is a travel company that specializes in organizing group trips for solo travelers, focusing on creating connections between people, cultures, and stories. The company operates in the travel and tourism market, targeting individuals who prefer to travel alone but want to share their experiences with a small group of like-minded people. Each group consists of a maximum of 15 people within a similar age range, ensuring that participants can quickly make new friends. The trips are led by a WeRoad Travel Coordinator, an experienced traveler who manages all logistics and ensures a smooth and enjoyable experience for everyone.
WeRoad's business model revolves around offering curated travel experiences to various destinations worldwide. The company generates revenue through trip bookings, which include the cost of travel coordination, accommodation, and activities. Additionally, WeRoad offers flexible cancellation policies, allowing free cancellations up to 31 days before departure, which adds value to their service.
The company also collaborates with businesses to provide travel perks, group retreats, and events, further diversifying its revenue streams.
Keywords: group travel, solo travelers, travel coordinator, cultural connections, age-specific groups, curated trips, global destinations, travel logistics, business retreats, flexible cancellations.