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Seatfrog

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SECURE YOUR SEAT IN JUST A FEW TAPS

London, United KingdomFounded 2016eCommerce & Marketplaces
Valuation $25–50M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Seatfrog and the history behind them.

About Seatfrog

Seatfrog, founded in 2014 by Iain Griffin and Dirk Stewart, operates as a travel technology company focused on the rail industry. The company originated from the founders' shared frustration with the inflexibility and inefficiency of train travel, particularly the opaque and often expensive process of upgrading to first class. Griffin's background includes experience in brand and marketing, while Stewart brought a deep understanding of technology and product development to the venture. Their combined expertise shaped Seatfrog's mission to improve the passenger experience by providing more choice and control.

The company's core offering is a mobile application that serves rail passengers in the United Kingdom. Seatfrog's business model is multifaceted, generating revenue through several channels. It acts as a marketplace for last-minute seat upgrades, allowing passengers to bid on or instantly buy empty first-class seats. This dynamic pricing mechanism helps train operating companies monetize unsold premium inventory that would otherwise be a lost revenue opportunity. The app also functions as a ticket retailer, enabling users to purchase standard train tickets directly.

A key feature of the platform is its 'Train Swap' functionality, which provides customers with the flexibility to change their travel times for a fee, addressing a common pain point for rail travelers. The platform has established partnerships with major UK rail operators, including Avanti West Coast, Great Western Railway (GWR), and London North Eastern Railway (LNER), integrating directly with their ticketing and reservation systems. By serving over 1.5 million customers, Seatfrog has carved out a niche in the travel tech market by transforming unused capacity into a valuable commodity for both rail companies and passengers seeking enhanced comfort and flexibility.

Source: Dealroom company data

At a glance

Founded
2016
Headquarters
London, United Kingdom
Sector
eCommerce & Marketplaces

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • HOWZAT Partners

Series A1 investor entered at this stage

Series B and later3 investors entered at this stage

Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom97.4%
🇵🇱 Poland2.6%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Seatfrog on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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