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Tidesquare
Life style service provider covering travel, shopping and content business
About Tidesquare
Established on November 17, 2009, by CEO Min Yoon, Tidesquare is a South Korean travel technology company headquartered in Seoul. The firm has established itself as a significant player in the online travel agency (OTA) sector, experiencing rapid growth to become one of the top five travel agencies in Korea within seven years of its founding. The company's strategic vision is to become a technology-focused global online travel agency by investing in travel technology and fostering growth with international and domestic partners.
Tidesquare operates a diversified business model primarily focused on B2C leisure travel, with a growing presence in the corporate travel market. Its revenue streams are generated through a variety of travel brands it operates, including Tourvis, PRIVIA Travel, Kyte, and Allstay, which offer a comprehensive range of services such as flights, hotels, tours, tickets, and travel packages. The company also engages in strategic partnerships, such as operating the Hyundai Card PRIVIA Travel service, an online travel mall for premium card members, and launching the Kakao T flight service with Kakao Mobility Corp. Tidesquare has demonstrated a history of strategic investments and acquisitions, including the acquisition of the airline metasearch mobile app "Playwings" in 2015 and an investment in the Singapore-based travel startup "BeMyGuest" in 2013. In March 2019, the company secured $44 million in a later-stage venture capital funding round with investors including Dunamu, Kakao, and KCA Capital.
The company's service offerings are built on a foundation of advanced technology. Tidesquare was the first Korean travel agency to implement a next-generation flight platform with New Distribution Capability (NDC) certification, allowing for direct integration with airlines to offer competitive fares and ancillary services. Its proprietary platforms manage services across multiple sales channels like Naver Shopping and SKT T Membership and utilize AI to recommend customized accommodations and content based on travel trends. Through its Tourvis brand, it provides exclusive SKYPASS mileage accrual partnerships with Korean Air. For the premium segment, "Tourvis Select" offers concierge services and benefits through partnerships with global luxury hotel groups. The company also offers a private mobility service, "TripToday," which provides pick-up services and customized tours.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Mar 2019 | $31M | $123M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Tidesquare is 50K monthly website visits, down 50% over the last three months. Tidesquare's team declined 10.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Tidesquare 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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