Wander Collective
Date of Foundation
2024

Wander Collective

Streamlining Group Travel Planning

The Idea origin story

A collaborative trip planning platform that makes group travel effortless. By allowing group members to vote on activities and accommodations, the app creates a balanced itinerary that satisfies everyone’s preferences. Once finalized, the platform handles all bookings automatically, delivering a seamless and personalized travel experience for the entire group.

The Mission

Empowering group travelers with effortless, personalized experiences through seamless trip planning and automated booking.

Clients

Young adults and adults who travel often

Problems we solve

Client’s problem

Frustration planning with others, delegating bookings, tension when people have different preferences, time saving, etc.

Confirmation of problem

It is challenging to plan trips with groups

Solution

My startup provides a comprehensive platform for streamlining group travel planning. It helps to alleviate any frustration associated with planning and delegating bookings among group members, while also catering to individual preferences. Moreover, our solution significantly saves time by making the whole process more

Our technologies

This solution is based on technologies

Our startup is a collaborative travel planning platform that revolutionizes group travel by streamlining the process. Leveraging user preferences, we create balanced itineraries and automatically handle all bookings to provide effortless, personalized experiences. We primarily cater to young adults and frequent travelers. The aim of our platform is to alleviate common frustrations in group travel such as coordination issues and diverse interests, while also saving time. Our valuable technologies include AI for preference mapping, API integrations for seamless booking and cloud computing for collaboration.

How it works

Users join, plan a trip and invite others. They vote on activities; GroupVenture crafts itinerary based on votes and automates bookings.

Value for the client

GroupVenture saves time and reduces stress by streamlining group decisions, automating bookings, and customizing trips to balance everyone's preferences.

Market and strategy

Market size

5

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

25

% of the market

Is our goal in the next 3 years

Team

My name’s

Julia Baer

My key role in the product

My key role is as the Founder and I'm responsible for setting strategic direction, developing our product vision, and leading the team.

Team size and key members

Currently, I'm the sole team member, but open to onboarding professionals with complementary skills and shared passion for our startup's mission.

Competitors

Competitors

Given that our startup is focused on streamlining group travel planning, the primary competitors would be other travel management and planning applications. Some of these include platforms like Skyscanner, TripIt and Kayak. However, where we intend to differentiate is in providing specific functionalities tailored for group trip organization which many existing solutions lack.

Our Advantages

We distinguish ourselves by integrating group voting with automated bookings. This unique feature broadens decision-making, balances everyone's wishes, and generates tailored plans for the group. With our seamless planning-to-booking approach, WanderCollective ensures personalized and efficient trips minus stress.

Business model

Earn commissions from partners (hotels, tours, restaurants) when users book through the platform

Traction

Our concept is in its embryonic phase, brimming with freshness and promise. We're carefully nurturing it towards significant growth stages to ensure the successful fruition of our vision.

Metrics

Number of Booked Trips: Monitors the conversion rate from planned trips to actual bookings. Average Commission per Trip: Primary indicator for revenue generation. User Retention Ratio: Assesses customer satisfaction and repeat usage data. Monthly Active Users (MAU): Evaluates user growth, platform engagement patterns over time.

Incorporation

Our company incorporated in

Key risks

The main risks could be strong competition in the travel tech space, dependence on travel industry trends and fluctuations, user adoption hurdles given the complex nature of group dynamics, and securing reliable partnerships with accommodation and activity providers.

Investments

$

We raised investments

Our Investors

Rising Investments

$

Currently, we are raising investments

$

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Idea