
1000Kreuzfahrten
The online cruise portal.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | Acquisition | ||
Total Funding | 000k |
EUR | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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1000Kreuzfahrten.de emerged in 2010 as an online portal for booking cruise vacations, founded by Florian Rudolph and Julian Juenemann in Hamburg, Germany. The platform was initiated by the incubator Hanse Ventures and designed to allow customers to compare cruise providers, plan itineraries, and book trips. The business operated in the online travel market, targeting individuals seeking cruise holidays by offering deals on various destinations and themed cruises. As of January 2017, the portal listed offerings from 10 shipping companies, encompassing over 20,000 different cruises. The business model was based on generating revenue through commissions on cruise packages booked via its website.
The company's early trajectory faced challenges. Shortly after its founding, Hanse Ventures parted ways with the founders, Julian Jünemann and Florian Rudolph, as the initial goals for the project, then known as Captain Travel, were not met. The venture, originally intended as a lead generation project for travel, struggled to perform well enough to secure external financing or sustain itself through its own revenues. Ultimately, the portal failed to achieve the critical size necessary to meet its growth objectives on its own. This led to its acquisition by its competitor, Dreamlines, on November 1, 2013. Following the acquisition, Dreamlines continued to operate 1000Kreuzfahrten as a distinct brand, with both entities operating from the Dreamlines headquarters in Hamburg. Keywords: online cruise booking, cruise comparison portal, German travel market, ship travel, cruise deals, themed cruises, online travel agency, Hanse Ventures, Dreamlines acquisition, Florian Rudolph, Julian Juenemann, cruise vacation packages, travel booking platform, Hamburg startup, European travel tech, cruise itinerary planning, online travel aggregator