Team Members In 3 years
Exit From The Business
Major Buy-Back In 2020
DAVID AND ROSS START LOCOMOTE
Cousins David and Ross Fastuca started their business, Locomote, with the goal of redefining corporate travel in Australia - a niche that had long been neglected.
FOUNDERS ATTEND THE ENTREPRENEURS' UNCONVENTION
On a whim, David and Ross decided to attend The Entourage’s signature event, Unconvention. There, they met a purpose-driven community of high-growth entrepreneurs and signed on as Members of The Entourage. Their journey in business changed forever - and for the better.
THE BUSINESS IS TRANSFORMED
With The Entourage’s ongoing support, guidance and training, Locomote has grown from a local team of 3 to a team of 140 people operating globally in just a few years. Locomote is a hugely successful app, and has won numerous accolades, including Top Digital Innovator by Smart Company and BRW Fast Starter.
DAVID AND ROSS EXIT LOCOMOTE
Travelport.com (NYSE: TVPT) acquired Locomote in 2016 for a reported 8-figure deal, and the Fastuca Cousins departed 2 years later. It was a difficult good-bye, but they had the opportunity to act as VCs and sit on the board for a number of other businesses they wanted to support and guide.
FASTUCA COUSINS BUY BACK LOCOMOTE
No industry was hit harder by the COVID-19 pandemic than travel. Ross and David took this as an opportunity to take back Locomote and continue on its original vision: to become a global household name for making business travel hassle-free.