Klook Takes First Step Toward US IPO With NYSE Filing

Asia-based experiences platform Klook has taken its first public step toward an initial public offering (IPO) in the United States. The company has filed a Form F-1 with the U.S. Securities and Exchange Commission and applied to list on the New York Stock Exchange under the ticker symbol “KLK.”

Goldman Sachs (Asia), J.P. Morgan and Morgan Stanley have been named underwriters for the offering. Klook has not yet disclosed the number of shares or the expected price range.

The move follows major fundraising rounds, including a $100 million investment from Vitruvian Partners in February to accelerate expansion across Asia Pacific and attract younger travelers. In late 2023, Klook raised $210 million in a Series E+ round led by Bessemer Venture Partners.

Founded in 2014, Klook aims to tap into what co-founders Ethan Lin, Eric Gnock Fah and Bernie Xiong describe in the SEC filing as “the fastest-growing part of travel”—the global experiences sector.

However, the company also highlighted risks in its filing, noting that it “may not achieve profitability in the near future” due to its history of net losses. In 2024, Klook generated $417.1 million in revenue, up 24.4% year over year, but posted a net loss of $99.3 million.

The IPO move marks a shift from late 2024, when CEO Ethan Lin told PhocusWire the company was not prioritizing going public due to the extensive preparation required. Still, Lin acknowledged that timing an IPO depends heavily on market conditions: “You need to be a certain size… and then it really depends on whether it’s the right market.”

Investor sentiment toward travel IPOs has warmed in 2025, with U.S. IPO proceeds rising 75% in 2024. Venture capital veteran Fritz Demopoulos noted earlier this year that bankers were actively preparing strong candidates for the public markets. Others, such as Gaingels managing director Lorenzo Thione, said the IPO window may be reopening for companies bringing innovative business models to market.

That trend appears to be taking shape: corporate travel and expense management platform Navan (formerly TripActions) also debuted on the public market last week, pricing its shares at $25 each.

Tags: phocuswire

Klook Takes First Step Toward US IPO With NYSE Filing

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