Skiplagged
Our mission is to make it easier to experience the world. We find flights that cost up to 80% less than the cheapest on any other website!.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
$2.1m Valuation: $10.1m | Late VC | ||
| Total Funding | 000k | ||
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Skiplagged.com is a disruptive startup operating in the travel industry, specifically in the airline ticketing and hotel booking market. The company's primary service is to provide its customers with incredibly cheap flight deals that are often not visible on other platforms. Skiplagged achieves this by exploiting pricing inefficiencies in the airline industry, such as "hidden-city" ticketing, where a flight to a less popular destination is cheaper than a flight to a more popular destination on the same route.
The company's target clients are budget-conscious travelers who are looking for the best possible deals on flights and hotels. Skiplagged's business model is based on providing these "hidden" deals that can't be found anywhere else, thus creating a unique value proposition in a crowded market. The company makes money by charging a commission on each flight or hotel booking made through its platform.
In addition to flights, Skiplagged also offers hotel bookings at discounted rates, referred to as "Skiplagged rates", which can save customers up to 50% compared to regular prices. The company has a mobile app, making it easier for customers to access these deals from anywhere.
In summary, Skiplagged.com is a unique player in the travel industry, offering hidden and highly discounted flight and hotel deals to budget-conscious travelers, thereby exposing and leveraging inefficiencies in airline pricing.
Keywords: Travel industry, Airline ticketing, Hotel booking, Budget-conscious travelers, Pricing inefficiencies, Hidden-city ticketing, Commission-based revenue, Discounted rates, Mobile app, Unique value proposition.