Tidesquare Funding, Investors & Competitors

Tidesquare has raised $100M across 2 funding rounds, most recently a $70M undisclosed-stage round in March 2022.

Last Tidesquare funding round

$70M

Undisclosed stage · Mar 2022

Cumulative funding Tidesquare raised

$100M

across 2 funding rounds

Key investors in Tidesquare

Tidesquare Overview

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

South KoreaSeoul

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

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

Tidesquare funding rounds
DateStageInvestorsRaised
Mar 2022Undisclosed stageDunamu; Kakao Ventures$70M
Mar 2019Strategic investmentKakao (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

Investors in Tidesquare by funding rounds participated
InvestorHQRoundsRoleFirst check
KakaoSouth KoreaSeoul1LeadMar 2019

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Investments 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

Allstay
Allstay
Allstay
Allstay
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 CountrySouth KoreaSouth KoreaSouth KoreaSouth Korea
HQ City
Seoul
Seoul
Seoul
Seoul
Deal Date2 Aug 201920 Jul 201826 Sep 201621 Jul 2015
RoundSeries ASeedSeedSeed
Raised$2M$1M$300K$400K
Investors-Venture RepublicVenture RepublicVenture Republic; Travel.jp
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Tidesquare Competitors

Tidesquare competitors include listed companies like Booking Holdings, Airbnb, Expedia and MakeMyTrip, and private ones like Yanolja and Flexjet.

Public and private companies comparable to Tidesquare
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Booking HoldingsUnited StatesUnited StatesPublicly listed$27B$8.3B$128B4.6x
AirbnbUnited StatesUnited StatesPublicly listed$12B$2.4B$98B6.5x
ExpediaUnited StatesUnited StatesPublicly listed$15B$2.5B$34B2.2x
YanoljaSouth KoreaSeoulPrivate$126M-$9B-
MakeMyTripIndiaIndiaPublicly listed$1B$171M$4.5B4.5x
FlexjetUnited StatesCleveland, OHPrivate$3.8B$398M$4B1.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Booking Holdings$27B$8.3B4.9x4.6x15.9x12.4x
Airbnb$12B$2.4B7.2x6.5x36.3x18.2x
Expedia$15B$2.5B2.3x2.2x13.5x8.6x
MakeMyTrip$1B$171M5.0x4.5x30.3x25.7x
Travel+Leisure$4B$684M2.3x2.3x13.6x8.9x
TUI$28B$2.6B0.2x0.2x1.9x2.1x
Jet2$10B$1B0.1x0.1x0.8x0.9x
Tongcheng Travel$2.9B$659M0.7x0.7x3.0x2.6x

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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.

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