Sherpa Seed Stage

This is the Sherpa pitch deck to raise a $2.5m seed round in 2020.

About

Sherpa is a travel tech company that allows travel companies to build travel requirements, such as visa applications, into their products. The company’s mobile apps and website are super simple, showing documentation requirements for 200+ countries or territories for travellers of all citizenships. Users can apply for travel visas to locations like Australia, Vietnam, Cambodia, Turkey, and Myanmar.

Sherpa was founded in 2015 and is based in Toronto, Canada.

Sherpa, the Canadian travel startup, just raised $2.5 million in a seed funding round led by True Ventures, which previously backed major names like Peloton and Fitbit.

COVID-19 has seen a raft of new rules and regulations introduced in international travel. On top of the standard visa or health requirements, some countries have introduced requirements for negative COVID tests or shut down travel with other nations altogether.

Sherpa is a primarily B2B business that enables travel agents and airlines to easily let their customers know what documents they need before they fly, integrating visa applications and updated travel requirements into their systems.

“It’s definitely been a tumultuous year,” cofounder Max Tremaine told Business Insider. “When everything started to slow down, we had no idea what was going to happen. But as everywhere slowly started opening up, it’s become even more important for people to know exactly what they need ahead of time.”

Demand appears to be high, with Tremaine adding that the firm’s number of partners has grown more than tenfold – from three to around 40 – pre-pandemic to present. Some of its biggest clients include American Airlines and Australian travel firm Intrepid.

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