AirPlus

Isenburg, Germany Founded: 1989 • Age: 37 yrs Acquired By SEB
Travel expense and payment solutions are managed for corporate users.
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About AirPlus

AirPlus is a company based in Isenburg (Germany) founded in 1989 was acquired by SEB in June 2023.. AirPlus has completed 1 acquisition, including BCC Corporate. AirPlus offers products and services including Country Overview Platform and Image Gallery. AirPlus operates in a competitive market with competitors including Brex, Ramp, Navan, Airbase and Emburse, among others.

  • Headquarter Isenburg, Germany
  • Sectors
    Travel & Hospitality
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Airplus International Gmbh
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $27.49 K (USD), Grant

    Sep 23, 2015

  • Investors
    SEB

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    SEB

    & 1 more

    (Jun 21, 2023)

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Products & Services of AirPlus

AirPlus offers a comprehensive portfolio of products and services, including Country Overview Platform and Image Gallery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for displaying images and country language codes globally

Service for accessing country overview images and details

People of AirPlus
Headcount 1000-5000
Employee Profiles 141
Employee Profiles
People
Simona Bitelli
Key Account Manager & Strategy Manager
People
Carina Heilmann
Head Of Partner Management
People
Bernd Kersting
Senior Manager Global Partnerships
People
David A. Harper
Director Cyber Risk & Information Security (ciso)

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Funding Insights of AirPlus

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $27,488
  • First Round

    (23 Sep 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2015 Amount Grant - AirPlus Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AirPlus

AirPlus has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include SEB, European Union and Stonepath. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
SEB is recognized as a leading Nordic corporate bank.
Founded Year Domain Location
Stonepath was founded in 1999 in Seoul, South Korea.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AirPlus

AirPlus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BCC Corporate. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Corporate and consumer payment cards are issued in Belgium.
2017
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AirPlus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Airplus Comparisons

Employees
+
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Competitors of AirPlus

AirPlus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brex, Ramp, Navan, Airbase and Emburse, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
SaaS-driven credit card and spend management solutions platform for businesses
domain founded_year HQ Location
Spend management and accounts payable solutions are delivered to businesses.
domain founded_year HQ Location
Corporate travel and expense management are facilitated through SaaS platform.
domain founded_year HQ Location
Procure-to-pay management software is offered for business operations.
domain founded_year HQ Location
Corporate cards and expense management are offered to businesses.
domain founded_year HQ Location
SaaS expense management solutions for business travel are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Airplus

AirPlus partners with 1-CP on payment solution
Businesstravelnewseurope1 year ago
Patrick Diemer joins the board of eco.mio
Businesstravelnewseurope1 year ago
AirPlus International names new CEO following acquisition
Businesstravelnewseurope1 year ago

Frequently Asked Questions about AirPlus

When was AirPlus founded?

AirPlus was founded in 1989 and raised its 1st funding round 26 years after it was founded.

Where is AirPlus located?

AirPlus is headquartered in Isenburg, Germany. It is registered at Isenburg, Hesse, Germany.

What does AirPlus do?

AirPlus International was founded in 1989 and is headquartered in Isenburg, Germany. Travel payment and expense management solutions are offered to businesses for controlling employee travel costs. Operations are conducted via a range of tools, including central bill accounts, corporate cards, online management platforms, information dashboards, and invoicing systems. Additional services encompass reports, loyalty programs, CO2 emissions tracking, and partnerships with airlines, banks, and payment providers.

Who are the top competitors of AirPlus?

AirPlus's top competitors include Navan, Ramp and Brex.

What products or services does AirPlus offer?

AirPlus offers Country Overview Platform and Image Gallery.

How many acquisitions has AirPlus made?

AirPlus has made 1 acquisition, including BCC Corporate.

Who are AirPlus's investors?

AirPlus has 3 investors. Key investors include SEB, European Union, and Stonepath.

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