Liverpool tech start-up, Digitaltravel.io, is marking its third birthday by celebrating a significant financial milestone.
The company, which provides digital solutions to travel and tourism businesses, particularly those in the cruise industry, is revelling in having quadrupled in size financially since it launched.
Digitaltravel.io has earned more than £1 million in annual revenue in its third year, up from £250k in its first 12 months.
The company’s increase in annual sales is one of several milestones it is marking in 2024.
During the second year of the Covid-19 pandemic in 2021, Digitaltravel.io grew from a team of five to 14 with 67 clients, 59% of which are overseas.
To accommodate its expanding operations, the company has also doubled its office space.
Digitaltravel.io was established through the merger of Peter Whittle’s CruiseAppy, a mobile app platform for the cruise industry and Peter Aland’s iprogress, a web design and development agency.
CEO and co-founder Peter Whittle said: “We saw a gap in the market and established Digitaltravel.io to build a business that not only stands out for the quality of what it achieves, but for the way in which it innovates and builds long standing relationships with its clients.
“Three years on, because of a talented team, loyal clients and strong partnerships, we have exceeded our expectations. As a start-up we have reached ‘base camp’ and are now investing in people and processes to help grow the business still further along with the scalability of our platform.”
The company now has an international customer base across the EU, Americas and APAC regions and boasts a 98% client retention rate, supported by a strategic partnership with globally renowned travel technology provider, Traveltek.
Peter Whittle added: “We’ve fuelled our £1m in annual revenue by creating long-term partnerships with many of our clients by agreeing ongoing monthly contracts for not only support and maintenance, but guaranteed development resource to provide a mutually beneficial partnership of response, focus, resource and delivery for our clients while giving us the confidence to invest further with guaranteed revenue streams.
In 2021 Digitaltravel.io was recognised at the industry-leading Travolution awards in the Best Technology Provider category, and in 2023 and 2024, the company was named in the Tech Climbers list of top scalable, innovative and product-led technology businesses across Liverpool City Region.
