HouseTrip

HouseTrip is one of Europe's largest holiday rental websites, with over 300,000 properties to choose from in thousands of destinations worldwide. HouseTrip makes it easy for guests and homeowners to find, book and list holiday rental properties securely online. Founded by husband and wife team Arnaud Bertrand and Junjun Chen, HouseTrip went live in January 2010 and has since seen over 6,000,000 nights booked. There are HouseTrip offices in the UK (London), Switzerland (Lausanne) and Portugal (Lisbon.) HouseTrip recently received $40 million in Series C funding led by Accel Partners with existing investors Balderton Capital and Index Ventures.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2009
Size (employees)
104 (est)-4%
HouseTrip was founded in 2009 and is headquartered in London, GB

Key People at HouseTrip

Junjun Chen-Bertrand

Junjun Chen-Bertrand

Founder

HouseTrip Office Locations

HouseTrip has offices in London, Lausanne and Lisboa
London, GB (HQ)
5th Floor, Corinthian House 279 Tottenham Court Road
Lisboa, PT
Rua Joaquim António De Aguiar, N.66 7º
Lausanne, CH
Rue Marterey 5

HouseTrip Data and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$59.7 m

Latest funding size

$40 m

Time since last funding

over 4 years

Investors

HouseTrip's latest funding round in October 2012 was reported to be $40 m. In total, HouseTrip has raised $59.7 m

HouseTrip Financial Metrics

HouseTrip's revenue was reported to be £11.2 m in FY, 2015 which is a 28% decrease from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

11.2 m

Revenue growth (FY, 2014 - FY, 2015), %

(28%)

Gross profit (FY, 2015)

9.7 m

Gross profit margin (FY, 2015), %

86%

Net income (FY, 2015)

(4.5 m)

Cash (31-Dec-2015)

556.7 k
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Revenue

13.2 m15.5 m11.2 m

Revenue growth, %

18%(28%)

Cost of goods sold

2 m1.9 m1.5 m

Gross profit

11.2 m13.6 m9.7 m

Gross profit Margin, %

85%87%86%

Operating expense total

22 m30 m13.2 m

Pre tax profit

(10.4 m)(17.5 m)(4.5 m)

Net Income

(10.5 m)(17.5 m)(4.5 m)
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash

7.1 m1.6 m556.7 k

Accounts Receivable

1.2 m1.9 m1.3 m

Current Assets

8.8 m4.2 m2.3 m

PP&E

103.2 k81.6 k28.1 k

Total Assets

8.9 m4.3 m2.4 m

Accounts Payable

5.9 m7.5 m5.1 m

Current Liabilities

6.8 m32.2 m38.3 m

Retained Earnings

(10.5 m)(17.5 m)(4.5 m)

Total Equity

(12.9 m)(32.3 m)(36.8 m)

Financial Leverage

-0.7 x-0.1 x-0.1 x
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(9.3 m)(11.8 m)832.2 k

Cash From Financing Activities

(3.6 m)5.4 m(1.8 m)

Income Taxes Paid

(31 k)(43.2 k)(25 k)
Numbers are in £, GBPY, 2015

Revenue/Employee

94.5 k

Financial Leverage

-0.1 x

HouseTrip Online and Social Media Presence

HouseTrip Company Life and Culture

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