The Wanderlust Group

The Wanderlust Group

Outdoor travel technology for boating and camping

About The Wanderlust Group

Simplify's Rating
Why The Wanderlust Group is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Enterprise Software

Consumer Goods

Company Size

51-200

Company Stage

Series C

Total Funding

$51.5M

Headquarters

Newport, Rhode Island

Founded

2014

Overview

The Wanderlust Group connects people with nature through its outdoor travel technology platforms. Its main products include Dockwa, which helps marinas attract new boaters and improve their operations, Marinas.com, a comprehensive database of marine locations with detailed aerial navigation photography, and Campouts.com, which simplifies the booking process for campers looking for campsites. Unlike its competitors, TWG focuses on creating a marketplace that enhances customer experiences and operational efficiency for marinas and campsites. The goal of The Wanderlust Group is to facilitate outdoor adventures while supporting the growth of outdoor destinations.

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Simplify's Take

What believers are saying

  • Rising eco-tourism trends align with The Wanderlust Group's nature-focused offerings.
  • Increased remote work boosts demand for outdoor travel, benefiting their platforms.
  • Advancements in mobile technology enhance user experience on Dockwa and Campouts.

What critics are saying

  • Emerging outdoor travel platforms pose competitive threats with innovative features.
  • Economic downturns could reduce consumer spending on leisure activities, affecting revenue.
  • Continuous platform upgrades are necessary due to rapid technological changes in the industry.

What makes The Wanderlust Group unique

  • The Wanderlust Group offers a unique marketplace for both boaters and campers.
  • Their platforms, Dockwa and Marinas.com, provide extensive marine location data and reviews.
  • Campouts.com enhances camping experiences with seamless booking and campsite connections.

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Funding

Total Funding

$51.5M

Below

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Remote Work Options

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

0%
Short Term Rentalz
Jan 24th, 2022
The Wanderlust Group launches campground platform Campouts

The Wanderlust Group is also poised to launch campground platform Campouts in the near future.

PhocusWire
Jan 21st, 2022
Outdoor experience tech company The Wanderlust Group raises $30M

Founded in 2014, TWG is the parent brand to Dockwa, which connects boaters and marinas, and Marinas.com.

TechCrunch
Oct 29th, 2020
The Wanderlust Group raises $14.2M to double-down on getting folks outdoors

The Wanderlust Group, a Rhode Island-based startup focused on building software for the boating world, announced that it has closed a $14.2 million Series B round of capital this week. The new funds were provided by Allen & Company and the Alaris family office. (Post updated to amend investor list after publication.) Wanderlust had raised […]

Finsmes
Oct 28th, 2020
The Wanderlust Group Raises $14.2M in Series B Funding

The Wanderlust Group, a Newport, RI, and Cambridge, MA-based technology leader in the marine and outdoor lifestyle industries, closed a $14.2m Series B funding. The company intends to use the funds to enhance its marina presence while expanding to adjacent outdoor travel experiences. Founded in 2014 and led by Mike Melillo, CEO and Co-Founder, The […]

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