Often we travel to different countries and when reaching the airport we find it pretty confusing to navigate through the airports. To overcome this situation Ryan Diew, the creator of the Trippie app, made an app specially designed for airport navigation for seamless and easy airport trips. From its pitch on Shark Tank to success Trippie’s journey has been wonderful and inspiring in the travel tech industry.
What is Trippie?
Trippie is a mobile app designed specially for making airport navigation easy. It provides the detailed terminal map, gate information, terminal information, dining options and real time updates to travelers. It is available on Android smartphones and IOS as well. Trippie’s aim is to make airport travel stress-free for millions of airport travelers across the globe.
The Trippie App Net Worth-
Eve after getting failed in making a deal shark tank, The Trippie App Net Worth is around $4.5 million by December 2024.
Key Facts About Trippie
Aspect | Details |
---|---|
Creator | Ryan Diew |
Initial Launch | Post-Shark Tank (Season 9, Episode 9) |
Initial Valuation | $1 million (as pitched on Shark Tank) |
Current Net Worth | Estimated $3 million |
Revenue Sources | Advertisements, subscriptions, and partnerships |
Annual Revenue | Estimated $4.5 million by Dec 2024 |
Airports Covered | 22 airports globally, including Frankfurt, Sydney, and Tokyo |
Growth Plans | Augmented reality features, expanding airport partnerships |
Trippie Pitch on Shark Tank
Ryan Diew presented Trippie on Shark Tank with the hope of securing an investment to expand the app. But he couldn’t make any deal as sharks raised concerns over the business model and market reach. Here’s how the pitch unfolded:
Pitch Details | Information |
---|---|
Season and Episode | Season 9, Episode 9 |
Asked Investment | $100,000 for 10% equity (implying a $1 million valuation) |
Shark Investors | Mark Cuban, Lori Greiner, Daymond John, Robert Herjavec, Barbara Corcoran |
Outcome | No deal made, as sharks raised concerns over the business model and market reach |
Post-Pitch Progress | Improved features, gained traction through exposure |
The Founders and Investors
Role | Name |
---|---|
Founder | Ryan Diew |
Initial Investors | None (no deal on Shark Tank as investors raised concern over its business model) |
Key Partnerships | Travel agencies, airport authorities, airlines |
Trippie App key accomplishments
Accomplishment | Details | Year | Impact |
---|---|---|---|
Shark Tank Appearance | Presented on Shark Tank (Season 9, Episode 9), gained exposure despite no investment. | 2017 | Increased visibility and awareness of the app. |
App Launch on iOS and Android | Released on major platforms with airport navigation features. | 2018 | Simplified airport experiences for global travelers. |
Expanded Airport Coverage | Reached 22 major airports globally, including hubs in Tokyo, Frankfurt, and Sydney. | 2024 | Enhanced usability by serving a broader audience. |
Revenue Milestone | Estimated annual revenue reached $3 million. | 2024 | Demonstrated financial growth and market acceptance. |
User Base Growth | Gained significant traction due to Shark Tank exposure and feature enhancements. | 2020s | Built a loyal user base and positive reputation in the travel sector. |
Strategic Partnerships | Collaborated with travel agencies and airport authorities. | Ongoing | Improved app functionality and increased market presence. |
Feature Enhancement | Added real-time updates, flight tracking, and terminal maps. | 2019-2024 | Positioned as a user-focused app with unique offerings in the travel tech space. |
How Trippie Stands Out in the Market
Trippie differentiates itself from competitors by focusing exclusively on airport navigation, making it a niche app for frequent travelers. The app offers:
- Real-Time Updates: Provides gate changes and flight information.
- Detailed Terminal Maps: Helps users locate shops, restaurants, dine in availability and restrooms.
- User-Centric Design: Prioritizes ease of use for a seamless experience.
Future Plans
Trippie aims to enhance its features by integrating augmented reality and expanding its airport partnerships to cover more international hubs. With a growing user base and strategic developments, the app is well-positioned for continued growth in the competitive travel tech industry.
Conclusion
The journey of Trippie from a failed Shark Tank pitch to a globally recognized travel app is inspiring. With a strong focus on improving airport experiences, the app continues to innovate and expand, demonstrating how persistence and adaptability can lead to success.
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