- Companies
- Tidesquare
Tidesquare Funding, Investors & Competitors
Tidesquare has raised $100M across 2 funding rounds, most recently a $70M undisclosed-stage round in March 2022.
About Tidesquare
Busan-based Tidesquare operates luxury serviced residences and concierge travel services in South Korea, featuring properties with ocean views, private pools, and amenities like chauffeur services and yacht charters.
Founded
2009
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Sectors
Tidesquare Funding History
Tidesquare has raised a total of $100M across 2 funding rounds.
Tidesquare's first fundraising round was a $31M strategic investment round in March 2019. The most recent completed round was a $70M undisclosed-stage round in March 2022.
Tidesquare funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Mar 2022 | Undisclosed stage | Dunamu; Kakao Ventures | $70M |
| Mar 2019 | Strategic investment | Kakao (lead) | $31M |
Who has invested in Tidesquare?
3 investors have backed Tidesquare across its funding rounds, including Kakao Ventures, Kakao and Dunamu.
Lead investors include Kakao.
Tidesquare Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Mar 2019 | ||
This data is available for Pro users. Sign up to see all 3 Tidesquare investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by Tidesquare
Tidesquare has invested in 2 companies to date.
Latest investment by Tidesquare was on August 2nd 2019. Tidesquare invested in Allstay in their $2M Series A round.
Latest Investments by Tidesquare
| Description | Allstay is a Seoul-based travel technology company that operates a mobile meta-search engine aggregating listings from local travel agencies and private accommodations across South Korea. Launched in 2018, it addresses gaps in the domestic tourism market by enabling users to compare prices and book stays from over 5,000 suppliers in one app. The platform capitalizes on South Korea's 95 percent smartphone penetration rate, offering real-time availability, reviews, and secure payments for hotels, guesthouses, and hanok stays. Allstay serves both domestic travelers and international visitors, particularly during peak seasons like cherry blossom festivals. | Allstay is a Seoul-based travel technology company that operates a mobile meta-search engine aggregating listings from local travel agencies and private accommodations across South Korea. Launched in 2018, it addresses gaps in the domestic tourism market by enabling users to compare prices and book stays from over 5,000 suppliers in one app. The platform capitalizes on South Korea's 95 percent smartphone penetration rate, offering real-time availability, reviews, and secure payments for hotels, guesthouses, and hanok stays. Allstay serves both domestic travelers and international visitors, particularly during peak seasons like cherry blossom festivals. | Allstay is a Seoul-based travel technology company that operates a mobile meta-search engine aggregating listings from local travel agencies and private accommodations across South Korea. Launched in 2018, it addresses gaps in the domestic tourism market by enabling users to compare prices and book stays from over 5,000 suppliers in one app. The platform capitalizes on South Korea's 95 percent smartphone penetration rate, offering real-time availability, reviews, and secure payments for hotels, guesthouses, and hanok stays. Allstay serves both domestic travelers and international visitors, particularly during peak seasons like cherry blossom festivals. | Allstay is a Seoul-based travel technology company that operates a mobile meta-search engine aggregating listings from local travel agencies and private accommodations across South Korea. Launched in 2018, it addresses gaps in the domestic tourism market by enabling users to compare prices and book stays from over 5,000 suppliers in one app. The platform capitalizes on South Korea's 95 percent smartphone penetration rate, offering real-time availability, reviews, and secure payments for hotels, guesthouses, and hanok stays. Allstay serves both domestic travelers and international visitors, particularly during peak seasons like cherry blossom festivals. | |
| HQ Country | |||||
| HQ City | Seoul | Seoul | Seoul | Seoul | |
| Deal Date | 2 Aug 2019 | 20 Jul 2018 | 26 Sep 2016 | 21 Jul 2015 | |
| Round | Series A | Seed | Seed | Seed | |
| Raised | $2M | $1M | $300K | $400K | |
| Investors | - | Venture Republic | Venture Republic | Venture Republic; Travel.jp | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Tidesquare investments and their VC round multiples. Start Free Trial | |||||
Tidesquare Competitors
Tidesquare competitors include listed companies like Booking Holdings, Airbnb, Expedia and MakeMyTrip, and private ones like Yanolja and Flexjet.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $27B | $8.3B | $128B | 4.6x | ||
| Publicly listed | $12B | $2.4B | $98B | 6.5x | ||
| Publicly listed | $15B | $2.5B | $34B | 2.2x | ||
| Private | $126M | - | $9B | - | ||
| Publicly listed | $1B | $171M | $4.5B | 4.5x | ||
| Private | $3.8B | $398M | $4B | 1.0x |
Tidesquare Public Comps
Tidesquare is still privately-owned, but its public comps include Booking Holdings, Airbnb, Expedia, MakeMyTrip, Travel+Leisure, TUI, Jet2, Tongcheng Travel, Jungfraubahn Holding and Changbai Mountain Tourism.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $27B | $8.3B | 4.9x | 4.6x | 15.9x | 12.4x | |||
| $12B | $2.4B | 7.2x | 6.5x | 36.3x | 18.2x | |||
| $15B | $2.5B | 2.3x | 2.2x | 13.5x | 8.6x | |||
| $1B | $171M | 5.0x | 4.5x | 30.3x | 25.7x | |||
| $4B | $684M | 2.3x | 2.3x | 13.6x | 8.9x | |||
| $28B | $2.6B | 0.2x | 0.2x | 1.9x | 2.1x | |||
| $10B | $1B | 0.1x | 0.1x | 0.8x | 0.9x | |||
| $2.9B | $659M | 0.7x | 0.7x | 3.0x | 2.6x | |||
This data is available for Pro users. Sign up to see all Tidesquare competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Tidesquare
| When was Tidesquare founded? | Tidesquare was founded in 2009. |
| Where is Tidesquare headquartered? | Tidesquare is headquartered in Seoul, South Korea. |
| Is Tidesquare publicly listed? | No, Tidesquare is a private, VC-backed company. |
| How much funding has Tidesquare raised? | Tidesquare has raised $100M across 2 funding rounds. |
| What was Tidesquare's last funding round? | Tidesquare's last funding round was a $70M undisclosed-stage round in March 2022. |
| Who are Tidesquare's investors? | Tidesquare's investors include Kakao, Dunamu and Kakao Ventures. |
| Which companies are comparable to Tidesquare? | Companies comparable to Tidesquare include Booking Holdings, Airbnb, Expedia, Yanolja, MakeMyTrip and Flexjet. |
| How many companies has Tidesquare invested in? | Tidesquare has invested in 2 companies, including Allstay and BeMyGuest. |
| What was Tidesquare's last investment? | In August 2019, Tidesquare invested in Allstay's $2M Series A. |
See companies similar to Tidesquare
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




