TeamOut
TeamOut is a B2B marketplace that connects corporate clients with 1,000+ curated venues for retreats, offsites, and corporate events, combining an AI-powered venue recommendation engine with expert trip designers. Revenue is generated via a 10% commission on bookings plus event planning services.
- Company typePrivate
- Founded2021
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingDigital Commerce or Content
What TeamOut does
TeamOut is a B2B marketplace and event planning platform that connects corporate clients with venues for retreats, offsites, sales kickoffs, incentive trips, board meetings, and team-building events. Founded in 2021 by Thomas Mazimann (CEO) and Vincent Albouy (CTO/co-founder), the company is headquartered in San Francisco, California and incorporated in Delaware as TeamOut Inc. The platform operates a curated network of 1,000+ vetted venues globally, supplemented by an AI-powered recommendation engine that searches a broader 4,000+ venue database. Supporting products include a Meeting & Event Procurement Platform for RFP management, a free Budget Estimator and Flight Estimator for top-of-funnel lead generation, and a Destination Management Company service for on-the-ground logistics.
The platform is IATA-accredited for international travel logistics and combines a self-serve digital interface (app.teamout.com) with a high-touch inside-sales motion staffed by expert trip designers who assist clients with venue selection, vendor coordination, and on-site execution. TeamOut claims to have served over 100,000 travelers and holds a 4.8/5 rating from 360 platform users. Customer logos span technology (Reddit, Netflix, Brex, Strava, Akoya, Intercom), financial services (Accenture, PwC), consumer goods (L'Oréal, Tate & Lyle), healthcare (Gilead), and automotive (Mitsubishi), with event sizes ranging from 24 to 170+ employees.
The business model is anchored on a 10% commission charged to venue managers on total booking value, with venues able to opt into upfront payment (with preferred ranking) or post-event settlement. Adjacent revenue is generated through full-service event planning engagements. TeamOut has raised approximately $3.2M across disclosed rounds including a $2.2M round led by FundersClub, Karman Ventures, Pioneer Fund, and Y Combinator in April 2022, with subsequent capital from Louva Invest and Team Ignite Ventures in September 2024. Headcount is reported at 51-100 employees.
TeamOut firmographics
Firmographics- Name
- TeamOut
- Legal name
- TeamOut Inc.
- Website
- https://teamout.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TeamOut is a B2B marketplace that connects corporate clients with 1,000+ curated venues for retreats, offsites, and corporate events, combining an AI-powered venue recommendation engine with expert trip designers. Revenue is generated via a 10% commission on bookings plus event planning services.
- Ownership category
- akta.pro rank
TeamOut industry classification
Industry- Product category
- Corporate Event Planning Marketplace
- NAICS
- Convention and Trade Show Organizers (56192), Convention and Trade Show Organizers (561920), Tour Operators (56152)
- SIC
- Services-Facilities Support Management Services (8744), Services-Amusement & Recreation Services (7900)
- akta.pro primary industry
- B2B Marketplaces & Wholesale Platforms (BPAMAGAD)
- akta.pro secondary industries
- Venue Sourcing & Site Coordination (HSACAAAD), Industry-Specific B2B Trade Show Organizers (THAHABAB)
Keywords
Where TeamOut is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
TeamOut business model
Business model- GTM type
- B2B
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Commission on Bookings: TeamOut earns a 10% commission on all bookings made through their platform. Venue managers pay this commission either upfront (Option 1) when guests pay deposits, or post-event (Option 2) after the guest completes their stay. The commission applies to the total booking value including nights stayed, price per night, and number of rooms booked.
- Event Planning Services: TeamOut offers full event planning services where their team of expert planners assists with venue selection, vendor coordination, budget management, and on-site support for corporate retreats and events.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Budget-friendly venues starting around $175/night |
| Unit Pricing | Pay-as-you-go | Mid-range venues $250-$500/night |
| Unit Pricing | Pay-as-you-go | Premium/luxury venues $500-$1,200+/night |
| Transaction based/ take rate | Multi-year contract | Platform Commission (B2B) |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
TeamOut product offering
Product offeringCore offering
TeamOut operates a B2B marketplace platform that connects companies with vetted corporate retreat and event venues worldwide, covering retreats, sales kickoffs, incentive trips, board meetings, and team building events. The platform combines an AI-powered venue matching engine with expert trip designers who provide white-glove planning services, including venue sourcing, vendor coordination, budget management, and on-site logistics. Revenue is generated through a 10% commission on bookings made through the platform, supplemented by professional event planning services.
Product overview
TeamOut is a B2B marketplace platform for corporate retreat and event planning. The core offering consists of the TeamOut Platform (marketplace) for discovering and booking venues, TeamOut AI for intelligent venue matching, and the Meeting & Event Procurement Platform for RFP management. These are supported by add-on services including Event Planning, Venue Sourcing, and Destination Management Company services. The platform organizes various event types including corporate retreats and offsites, sales kickoffs, incentive trips, executive retreats, board meetings, holiday parties, team building events, client events, and seminars. Free tools include a Budget Estimator and Flight Estimator. The platform claims access to 1,000+ curated venues and 4,000+ venues through AI matching, with revenue generated through a 10% commission on bookings. The company is IATA-accredited for travel arrangements.
Differentiator
Problem solved
Functional benefit
Products and services
- TeamOut Platform (Marketplace)
Quantifiable outcome
- 30+ hours saved per event planning process
- +6 more outcomes
Companies that use TeamOut
Customer profileNamed customers26 records
Segments6 records
Ideal customer profiles2 records
TeamOut technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature4 records
TeamOut partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Transportation Partners (Shuttles, Limousines, Boats)supportingTeamOut has partnered with reliable transportation providers including shuttles, limousines, and boats to transport groups safely and comfortably to retreat destinations. These partnerships enable comprehensive logistics management for corporate events.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
TeamOut competitors and assessment
Company assessmentDirect peers
- Surf Office: Surf Office is a corporate retreat planning platform that helps companies find and book team retreat venues, with a curated venue marketplace and trip planning services. It is one of the closest direct competitors to TeamOut, offering near-identical corporate retreat venue sourcing for similar target customers.
- Bizzabo: Bizzabo is an event experience platform offering event registration, marketing, and analytics for B2B events and conferences. It overlaps with TeamOut in the corporate event technology stack with comparable enterprise buyers, though more focused on large conferences than small-team retreats.
- MeetingPackage: MeetingPackage is a venue sourcing and booking platform specifically built for meetings and group stays, connecting hotels with corporate event planners. It is one of the closest direct competitors to TeamOut's venue sourcing marketplace model with overlapping target customers.
- Aventri: Aventri is an event management software platform for corporate meetings, conferences, and trade shows, offering registration, venue sourcing, and analytics. It serves a similar enterprise event planner persona as TeamOut and competes in the MICE venue sourcing category.
- Groups360: Groups360 provides a group booking platform that lets meeting planners search and book hotel rooms and meeting space directly online. It directly competes with TeamOut in the group venue sourcing space, particularly for corporate meetings and events with a similar take-rate model.
- Offsite.com: Offsite.com is a corporate retreat and team offsite marketplace that helps companies plan and book team retreats with curated venues and planning services. It directly competes with TeamOut in the same niche of corporate retreat venue sourcing and event planning.
- Tripleseat: Tripleseat is a sales and event management platform for restaurants, hotels, and unique venues to manage private events and group bookings. It overlaps with TeamOut on the venue-side supply side and event booking workflow, though more focused on private/social events than corporate retreats.
Broad incumbents
- Cvent: Cvent is the dominant enterprise event management platform, offering venue sourcing, RFP management, and event registration for meetings and corporate events. It is comparable to TeamOut as the leading incumbent in the corporate event/venue sourcing space, though Cvent serves a much broader event portfolio beyond retreats.
- Maritz Global Events: Maritz Global Events is a large corporate event and incentive travel management company offering strategic meetings management, incentive travel, and event production. Comparable as a broader incumbent in the corporate event/incentive travel space where TeamOut operates with a more digital-first model.
- Eventbrite: Eventbrite is a large-scale event ticketing and management platform serving event organizers. While it focuses on public ticketed events rather than corporate retreats, it is comparable to TeamOut as an established event marketplace/platform with a venue-side supply network and organizer tools.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
TeamOut financial estimates
Financial estimateRevenue estimate
Valuation estimate
TeamOut leadership team
Management profileNumber of profiles
Profiles2 records
TeamOut funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TeamOut M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TeamOut
What does TeamOut do?
TeamOut operates a B2B marketplace platform that connects companies with vetted corporate retreat and event venues worldwide, covering retreats, sales kickoffs, incentive trips, board meetings, and team building events. The platform combines an AI-powered venue matching engine with expert trip designers who provide white-glove planning services, including venue sourcing, vendor coordination, budget management, and on-site logistics. Revenue is generated through a 10% commission on bookings made through the platform, supplemented by professional event planning services.
Is TeamOut a public or private company?
TeamOut is a private company. It is classified as venture growth investor backed and is currently operating.
When was TeamOut founded?
TeamOut was founded in 2021. It employs 11 to 50 people.
Where is TeamOut based?
TeamOut is headquartered in San Francisco, United States, in the North America region.
How does TeamOut make money?
Two revenue lines are on record. Commission on Bookings are the primary driver. The others are event Planning Services.
Who are TeamOut's main competitors?
Direct peers on record are Surf Office, Bizzabo, MeetingPackage, Aventri, Groups360, Offsite.com and Tripleseat. Broad incumbents are Cvent, Maritz Global Events and Eventbrite.
Does TeamOut have an API?
No public API is recorded for TeamOut.
What industry is TeamOut in?
TeamOut's product category is Corporate Event Planning Marketplace. Its primary akta.pro industry code is BPAMAGAD, B2B Marketplaces & Wholesale Platforms, with a secondary code of HSACAAAD, Venue Sourcing & Site Coordination. Its NAICS code is 56192 and its SIC code is 8744.