Vayable
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Vayable was a travel experiences marketplace founded in April 2011, described as 'Airbnb meets Kiva for travel experiences.' It let travelers discover, buy and sell unique local experiences from 'Vayable Insiders' — local experts with the knowledge, connections and passion to create trips of a lifetime. The company later expanded into request-based custom trip services, connecting consumers with local travel experts who acted as agents to create tailored itineraries and handle bookings.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded
Vayable was founded as a marketplace for discovering, buying and selling unique travel experiences with local insiders.
- Angel and seed rounds
The company raised a $400,000 angel round, followed by a $1.7 million seed round, plus a further seed round from Ace And Company.
- Pivot to trip concierge
Vayable expanded from its peer-to-peer marketplace into request-based custom trip services, with local experts charging fees to create tailored itineraries or acting as booking agents; the company reported $1.7 million in custom-service bookings in one summer, a sharp jump from earlier marketplace sales.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.