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Ross Fastuca

Co-Founder & CEO @ Locomote.com

Professional Background

Ross Fastuca is a distinguished tech entrepreneur with over 20 years of extensive experience in technology and business management. His journey into the realm of technology began with a fervent passion for new innovations and a desire to solve complex problems through the innovative application of technology. Fastuca’s most notable endeavor was co-founding Locomote.com, a pioneering travel management platform that launched in 2012. Under his leadership, Locomote aimed to revolutionize the way organizations managed their business travel, providing a user-friendly platform that catered to the evolving needs of modern businesses.

At Locomote, Ross played a crucial role in building the company from the ground up, fostering an environment that was not only focused on scalability but also on cultivating talent within the organization. The company thrived under his guidance, growing to employ over 120 staff members and evolving into a prominent global technology entity. His commitment to creating an autonomous and scalable business environment allowed his teams to set ambitious goals and achieve remarkable results, cementing Locomote's place in the travel tech industry.

In 2016, Locomote.com caught the attention of Travelport.com (NYSE: TVPT), leading to its acquisition. After a successful exit in 2018, Ross made the bold move to reacquire the company in 2020 alongside his business partner and cousin, David. This decision marked a return to the travel tech landscape, with Fastuca dedicated to once again redefining the future of business travel by leveraging advanced technology and innovative strategies.

Education and Achievements

Ross Fastuca's educational background laid a strong foundation for his successful entrepreneurial endeavors. While specific details about his formal education may not be extensively documented, his practical experience in technology and business management speaks volumes about his expertise. Over the years, he has cultivated a deep understanding of the industry, continually pushing the boundaries of what's possible in tech-driven solutions.

Ross's entrepreneurial spirit is matched by his dedication to philanthropy and mentorship. He is a passionate supporter of start-ups and the entrepreneurial community, contributing to various initiatives such as Project Gen-Z and Sunrise Cambodia. His commitment to fostering the next generation of entrepreneurs is further exemplified by his role as a founding member of The Entourage, a well-regarded entrepreneurs' program in Australia. Additionally, as a current member of the Entrepreneurs Organization (EO), Ross actively engages with fellow entrepreneurs, providing mentorship and guidance to EO Accelerators, thereby nurturing emerging talent.

Throughout his illustrious career, Ross has garnered numerous accolades, underscoring his impact in the technology and business arenas. His achievements include being ranked among the Top 5 Fastest-Growing Companies and recognized as a Top Digital Innovator by Smart Company. Furthermore, he has received multiple Stevie Gold Trophies and accolades such as the ACTE 3 Under 33 and Hot30 Under 30 awards, highlighting his contributions to the travel tech industry. His recognition extends to being awarded the Tech23 Award and serving as a judge for the prestigious International Stevie Awards.

Achievements

Ross Fastuca's entrepreneurial journey is marked by several key achievements that showcase his leadership and innovation in technology. As the co-founder and CEO of Locomote.com, he succeeded in creating a groundbreaking business travel tech platform, which transformed how organizations manage their travel processes. His leadership enabled the company to scale rapidly and gain global recognition.

Under Ross’s stewardship, Locomote.com became a formidable force in the travel tech industry, attracting attention from significant players like Travelport.com, which led to a successful acquisition. The reacquisition of Locomote in 2020 signifies not only Ross’s resilience but also his enduring commitment to innovation in the business travel sector.

In addition to his notable entrepreneurial achievements, Ross has played a significant role in supporting and mentoring aspiring entrepreneurs. His philanthropic efforts with organizations like Project Gen-Z and Sunrise Cambodia reflect his dedication to uplifting future generations. Beyond this, as a founding member of The Entourage, he has inspired countless entrepreneurs in Australia, providing them with the resources and support needed to succeed.

In conclusion, Ross Fastuca is a dynamic tech entrepreneur whose career is characterized by innovation, leadership, and a profound commitment to fostering growth within the technology and entrepreneurial sectors. His journey is a testament to the possibilities that arise when passion for technology aligns with a desire to create meaningful change in the business landscape.

Related Questions

How did Ross Fastuca develop his passion for business travel technology?
What key strategies did Ross implement to grow Locomote.com into a global technology company?
In what ways has Ross contributed to the start-up ecosystem through his philanthropic efforts?
What insights did Ross gain from his experiences with the acquisition of Locomote by Travelport?
How does Ross Fastuca approach mentoring young entrepreneurs within the Entrepreneurs Organization?
What motivates Ross Fastuca to continuously redefine the future of business travel technology?
Can Ross share his vision for the evolution of business travel in the next decade?
Ross Fastuca
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Location

Melbourne, Victoria, Australia