Triply, a Kenyan startup founded in 2021 by Peter Wachira and Collins Muthinja, is helping travel businesses in Africa work more smoothly. Triply noticed that many travel businesses struggled with things like keeping track of money coming in and going out, paying employees, and managing bookings. So they created a platform that does all of this in one place, like an all-in-one travel office app.
Why Triply Was Created
The idea for Triply came from Peter Wachira's own travel experiences. He found it frustrating that there wasn't a single place to find safe and reliable places to stay. That's why Triply was created - to address this gap in the travel industry in Africa.
Helping Small and Mid-Sized Travel Businesses
Most travel businesses in Africa are small or medium-sized. These businesses often have problems collecting money from customers, rely on manual work for things that could be automated, have trouble getting financial services, and use outdated booking systems. Because of this, they are only about 40% as efficient as they could be. Triply helps these businesses solve these problems.
The People Behind Triply
The founders of Triply are not new to the travel industry. Peter Wachira used to run a company that managed vacation rentals in East Africa. Collins Muthinja, Triply's other founder, used to lead engineering teams at startups that created new financial products.
Triply's Mission
The founders of Triply are excited to use their experience to help travel businesses in Africa and make travel across the continent better. They don't just see Triply as a business - they see it as a way to help the travel industry in Africa grow and create a positive impact.
Big Acquisition Shows Potential of Triply-like Businesses
Last year, a company in South Africa called Neighbourgood bought a similar travel startup called Local Knowledge. This shows that there is a big demand for platforms like Triply that help travelers find safe and reliable places to stay. The fact that Neighbourgood paid about $1.5 million for Local Knowledge shows just how valuable these platforms can be.
YC Investment in Triply
YC, a company that helps startups grow, has been careful about how many startups they invest in lately because of the economy. They invested in fewer startups this year than they have in a long time. YC has also invested in fewer startups in Africa recently. According to YC, this is because they carefully evaluate all the startups they invest in and the situations they operate in. This means that the number of startups they invest in can vary from year to year.
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