TapTrip Pitch Deck

TapTrip Pitch Deck, updated 6/3/21, 8:39 PM

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Enabling the $1.6tr travel
management industry
to stay alive, and thrive.
Backed by
TMCs are rapidly
looking to digitise
their operations after
a disastrous 2020,
and turning to
TapTrip for help.
The multi $bn major challenges for TMCs, globally:
Solving this starts with automation.
Onboard in minutes, not days.
Current average onboarding: 2 weeks.
Digitise bookings, cut cost-to-serve.
Current offline booking rate: 73%
Think tech, not people.
Reduce servicing costs from £20 to £3.
TMCs need a single API
that integrates with each
layer of the travel stack;
a complex task that they
can’t engineer alone.
This is our playing field.
TMC
Product Front End
Aggregated content API
Flight
content APIs
Hotel content
APIs
Rail content
APIs
Our consumer grade front-
end brings new
functionality to users,
making travel seamless.
Duty of care tracking.
Calendar integrations.
Travel policy implementation.
Integration with Xero, Workday, Expensify etc..
Automated expensing.
Travel spend tracking.
Preloaded balance & lodge cards.
Our opportunity is huge.
Marine, energy &
resources industry.
$17bn
‘Unmanaged’
SME travel.
$925bn
Enterprise
business travel.
$757bn
COVID-proof, defensible market, tech-deficit.
98% of bookings processes manually.
Logical progression, major opportunity.
SMEs are too expensive for TMCs to serve.
Market leadership.
March
2021.
Jan
2022.
Jan
2023.
We have a 3-stage market-access plan to scale our business.
Our marine, energy & resources product
is built for purpose.
View crew assignments.
Book & manage for up to 225 members.
Singular payment systems.
Manage complex, multi-location schedules.
Bandwidth-light app for use at sea.
Singular search across multiple locations.
Travel policy implementation.
Integration with crew management systems.
We have a validated strategy,
with customers actively investing
in our growth & development.
The top 15 TMCs manage $130bn of travel,
giving us a $5.7bn addressable market.
By the close of 2022, we expect
net revenues to hit £1m/month
– a mix of booking fees & SaaS,
Current TMC customers bring us
a £10.8m revenue opportunity, with
an advanced pipeline of £7.5m.
Major investor.
£40m TTV (£1.4m revenue)
expected in 2021.
£280m TTV (£10.8m
revenue) in 2022.
Major investor.
£12.5m TTV (£425k revenue)
expected through SME
banking partnership.
Customer.
£4m TTV (£144k revenue)
expected from M&E in 2021.
Our team has helped build some of
the world’s biggest travel companies.
We’re 21 superstars based in Manchester
– one of Europe’s major travel-tech hubs.
Why TapTrip wins
Deep industry relationships
& growing credibility.
Major industry shift to digital,
accelerated by COVID.
Few other credible tech
players in our space.
SAP Concur is v. clunky and
unpopular; Serko isn’t active in
Europe, SABS don’t operate in
our current sector – but we’ve
got our eye open. Likewise with
C-Teleport, a European startup.
TMCs are big organisations and
slow to change, but COVID is
forcing rapid transition to
automation. We’re at the
forefront of this change with
some of the largest TMCs.
We come from inside travel, we
understand the systems, the
technology and the mentality.
Our industry relationships have
allowed us to quickly build a
growing pipeline of TMCs.
We’re raising a
venture round to
build Europe’s next
travel unicorn,
powering a $1.6tr
industry’s shift to
automation.
The opportunity ahead of us is huge.
We’ve just started to scratch the
surface, working with major TMCs as
a critical part of their infrastructure.
At this round we want to invest in client
acquisition and deeper product
development, allowing us to hit £1m
MRR by December 2022.
Our focus is on VCs who can help us
move at pace and grow to be a
valuable market player.
To learn more about TapTrip:
Thomas@taptrip.com