Secret Escapes

Secret Escapes is an exclusive members-only travel club offering discounted rates on luxury hand-picked hotels and holidays in the UK and abroad. The Company's platform enables members to book four and five star hotels, five-star spa breaks, resorts and tropical beach escapes. Secret Escapes acts as an agent for suppliers, tour operators and hotels featured on the site.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2009
Size (employees)
540 (est)
Secret Escapes was founded in 2009 and is headquartered in London, GB

Key People/Management at Secret Escapes

Alex Saint

Alex Saint

Co-Founder & CEO
Tom Valentine

Tom Valentine

Co-Founder & COO
Cian Weeresinghe

Cian Weeresinghe

Chief Marketing Officer
Sebastian Fallert

Sebastian Fallert

Managing Director UK
Lara Pitt

Lara Pitt

Head Of Operations
Will Fawcett

Will Fawcett

Chief Financial Planning & Commercial Officer

Secret Escapes Office Locations

Secret Escapes has an office in London
London, GB (HQ)
29-35 Farringdon road

Secret Escapes Financials and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$183.8 m

Latest funding size

$111 m

Time since last funding

18 days

Investors

Secret Escapes's latest funding round in October 2017 was reported to be $111 m. In total, Secret Escapes has raised $183.8 m. Secret Escapes's latest valuation is reported to be £209.5 m.

Secret Escapes Financials

Secret Escapes's revenue was reported to be £30.9 m in FY, 2015 which is a 52% increase from the previous period.
GBP

Revenue (FY, 2015)

30.9 m

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

52%

Gross profit (FY, 2015)

25.6 m

Gross profit margin (FY, 2015), %

83%

Net income (FY, 2015)

(21.6 m)

EBITDA (FY, 2015)

(21.2 m)

EBIT (FY, 2015)

(21.5 m)

Market valuation

209.5 m

Cash (31-Dec-2015)

21.8 m
  • Source: Company Filings,
GBPFY, 2012FY, 2013FY, 2014FY, 2015

Revenue

3.6 m11.6 m20.4 m30.9 m

Revenue growth, %

76%52%

Cost of goods sold

1.1 m2.2 m3.3 m5.2 m

Gross profit

2.5 m9.4 m17.1 m25.6 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Cash

2.5 m4.7 m4.2 m4.2 m21.8 m

Accounts Receivable

482.4 k680.5 k1.9 m2 m2.6 m

Current Assets

2.9 m6 m7.6 m8.4 m28.3 m

PP&E

25.7 k72.5 k87.2 k373 k1.1 m
    GBPFY, 2012FY, 2013FY, 2014FY, 2015

    Net Income

    (5.5 m)(3.5 m)(15 m)(21.6 m)

    Cash From Operating Activities

    (3.7 m)(466.2 k)(6.4 m)(14 m)

    Cash From Financing Activities

    6 m1.3 k8.5 m33.1 m

    Net Change in Cash

    2.2 m(515.5 k)(4 k)17.6 m
      GBPY, 2015

      Revenue/Employee

      114.3 k

      Financial Leverage

      3.1 x
      Show all financial metrics

      Secret Escapes Operating Metrics

      Jul, 2017

      Countries

      21
      Show all operating metrics

      Traffic Overview of Secret Escapes

      Secret Escapes Online and Social Media Presence

      Secret Escapes News and Updates

      Luxury travel service Secret Escapes raises £83 million in equity and debt

      Luxury travel club Secret Escapes has raised £83 million in both equity and debt funding led by Temasek with participation from Idinvest Partners and the debt portion of the round coming from Silicon Valley Bank. News about the funding round first surfaced late last week with reports that the compan…

      Secret Escapes raises $111 million to grow its luxury holiday marketplace through acquisitions

      Secret Escapes, a members-only travel club for discounted luxury holidays, has closed a $111 million series D funding round led by Singapore-based investment firm Temasek, with participation from France’s Idinvest Partners. Founded out of London in 2010 and launched a year later, Secret Escapes offe…

      Secret Escapes handed keys for further expansion with $111m funding

      London-based travel startup Secret Escapes has raised $111m (£83m) in its latest funding round.  The membership-based online travel booking platform now plans to ramp up its international expansion drive, eyeing acquisitions as it grows. "The cash injection of $111 million will enable Secret E…

      Secret Escapes racks up $111 mln

      London-based Secret Escapes, a luxury hotel flash deals site, has raised $111 million in Series D equity and debt funding. Temasek led the equity round with participation from return backer Indinvest Partners while Silicon Valley Bank provided the debt facility.

      Secret Escapes Company Life and Culture

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