Headout, the leading managed marketplace for experiences, announced today that it generated $130 million in revenue in 2024, marking an eightfold increase from post-Covid baseline levels. The company has achieved profitability with contribution margins exceeding 30% and is projecting double-digit EBITDA margins in the near future.
"The managed experiences model we pioneered is working," said Varun Khona, CEO & Co-founder at Headout. "Experiences are services, not commoditized goods, and cannot be simply aggregated like ecommerce 1.0. Our approach of designing, curating, and standardizing experiences across multiple local partners is delivering consistent high-quality results for our users."
Strategic acquisition and AI innovation
With the acquisition of Dabble, a YC-backed Canadian deep-tech company, in mid-2024, Headout has accelerated its journey toward becoming an AI-first company, transforming how people discover and experience the world.
From AI-powered customer support that responds faster and more efficiently to smarter inventory and pricing systems that enhance scalability, AI is now deeply embedded across our platform—optimizing operations, elevating user experience, and driving growth.
Accelerated growth
Headout significantly expanded its offerings in 2024, launching as many new experiences in a single year as it had in all previous years combined. To support this rapid growth, the company overhauled its platform, implementing a category-specific approach to better serve diverse experience verticals. These structural improvements have enhanced operational efficiency, increased deployment speed, and strengthened the overall experience for both users and partners.
“2024 was a milestone year for Headout, but our focus now is on scaling sustainably. We are strengthening the foundation of our managed experiences model by focusing on quality, consistency, and reliability. At the same time, we are laying the groundwork for the next phase of 10x growth. By deepening our expertise, expanding our platform, and integrating AI-driven efficiencies, we’re building for the future without losing sight of what sets us apart. We’re on a mission to paint the world purple, and we’re just getting started.” - Varun Khona, CEO & Co-founder at Headout
About Headout
Headout is home to the world’s best real-life experiences—from expert-led tours and iconic landmarks to activities, events, and everything in between. Built from India for the world, Headout’s seamless and affordable booking platform has served 40 million guests across 196 countries in 14 languages and 30+ currencies. Backed by $70M+ from top-tier investors, Headout is powered by a diverse team across 20 countries and headquartered in New York with 11 global offices.
Press Contact
Headout Inc.
press@headout.com
347-897-0100