Trevolta creates travel crowdfunding platform

South African startup Trevolta has created a crowdfunding platform raising money for people to undertake worldwide travel.

Trevolta chief executive officer (CEO) of Mark Karimov said Trevolta intends to make travel more accessible, and allows people to make their travel dreams into reality through crowdfunding.

“The idea is to make travels more accessible to people. It’s not a secret that most people don’t travel because it’s expensive. At Trevolta we allow people to raise funds for their travels using crowdfunding and sponsorships. Friends, family, inspired people can back the trip and make it a reality,” Karimov said.

Karimov said while people may not be particularly willing to donate funds for straightforward beach holidays, proposed trips with a meaning or a personal story inevitably attract attention and the necessary funding.

“Crowdfunding is growing at a rapid pace and these days you can raise funds pretty much for anything. If you do it right,” he said.

“Surely travel is not the easiest thing to raise funds for – generally people wouldn’t back someone who just want to take a vacation. That’s why we encourage our travellers to tell the story – explain why they do what they do, what is the meaning behind their travel.

“Some travels are really inspirational and travellers go on a journey not for themselves, but for other people – volunteering, charity, etc. Mostly travels are not about destination, it’s about the process, about the impact and about making a difference either on your life or in someone else’s.”

According to Karimov, technology is unlocking new possibilities across all industries, and travel is no exception to this phenomenon.

“Technology is a tool that constantly changes and unlocks more and more possibilities in many industries. Five years ago everyone thought you need big bucks to make a movie, record an album or go on around-the-world travel,” he said.

“Today technology allows us to raise funds for all of that and more – connect with people and tell your story. Every new invention once used in unusual way uncovers new possibilities. Crowdfunding for travellers is one of those stories.”

Karimov also said technology makes the world a smaller and more private place, by connecting people across the world.

“[Technology] makes it [the world] a much cooler place that’s for sure. Smaller – in a way,” Karimov said.

“It may make it smaller, but by doing that it makes it more personalised, more private – it gives a previously big world an identity and rules by which you must play in order to be successful in this world. Everything and everyone get connected, and once we’re connected, we can share. It’s a sharing economy era.”

Since launching in beta in January this year, Trevolta has already attracted 436,000 users, and has raised seed funding of ZAR850,000 (US$79,000) to date.

While the company has been earning revenues since its launch, Karimov admits Trevolta still has a long road ahead, although insisting the vision of making travel accessible to anyone will not change.

“We will always stick to our vision – to make travels cheaper and accessible to everyone, so unless we find some gold mine, we will stick to finding the ways to increase our success stories,” Karimov said.

“Even after finding gold in a mine we’re still probably going to fund some trips with it. Because nothing that you buy actually makes you richer – only travels.”

Image courtesy of Shutterstock.

Tags: , , , ,


U.S. News & World ReportNo Cash for Hate, Say Mainstream Crowdfunding FirmsU.S. News & World ReportThe block on mainstream crowdfunding is just the latest blow to far-right activists operating online. In the last 24 hours, neo-Nazi website the Daily Stormer had its domain regi [...] BaltimoreArbit took to crowdfunding to seek out BaltimoreThe Baltimore-based social polling company is seeking to raise a maximum of $425,000 through equity crowdfunding, a funding instrument that was first officially made available last year with re [...]

ForbesWhat Works In Equity Crowdfunding -- Insights From ResearchForbesAs we have recently celebrated the fourth anniversary of the signing of the JOBS Act into law, it is a good time to take stock of the effect that the legislature had on equity crowdfunding in the United States. It [...]

WOMEN-FOCUSED CROWDFUNDING PLATFORM IN NEWARK IS ACCEPTING ITS FIRST COHORT OF ...Brick City LiveEntries will then be evaluated by a team at iFundWomen for a spot in the crowdfunding platform's first cohort in the Greater Newark area. Businesses that are accepted into the cohort [...]

Crain's Cleveland Business'Smaller' gifts can go long way for Clinic's crowdfunding platformCrain's Cleveland BusinessFor an institution accustomed to securing multimillion-dollar donations, Cleveland Clinic's latest fundraising effort has some relatively [...]

Food & WineBrewDog's Latest Crowdfunding Effort Falls ShortFood & WineCrowdfunding—or more accurately, selling shares in its business directly to investors via the Internet—has been a major part of Scottish brewer BrewDog's business plan. To date, the company has rai [...]

MetroDeadly Premonition maker SWERY crowdfunding for new game The ...MetroSWERY is back and he's making another ultra weird-sounding game – set in a small UK village where everyone keeps turning into cats.The Good Life is a newly announced RPG by the creator of Deadly Premonition [...]

AlgemeinerIsraeli Crowdfunding Campaign Raises 1 Million Shekels for Policewoman Paralyzed in Jerusalem Terror AttackAlgemeinerAn Israeli crowdfunding campaign on behalf of a policewoman who was paralyzed by a Palestinian terrorist in Jerusalem last year has reached its goal of gather [...]

Indiana pioneers crowdfunding community projectsWTHRA downtown Greensburg mural made possible by community donations,, the Indiana Housing and Community Development Authority and other local organizations, as seen on Aug. 3, 2017. (Main Street Greensburg Photo via ... [...]

Crowdfunding Success of OYO Fitness's DoubleFlex Gym Spreads GloballyMarkets Insider16, 2017 /PRNewswire/ -- After becoming the second highest funded Kickstarter fitness product in history, Kansas City-based OYO Fitness has now launched their DoubleFlex Black Portable Gym on the [...]

CFB Finance


  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |