About American Express Global Business Travel
American Express Global Business Travel is a company based in Scottsdale (United States) founded in 2014.. American Express Global Business Travel has raised $900 million across 4 funding rounds from investors including The Carlyle Group, NRW and Certares. The company has 18,000 employees as of December 31, 2024. American Express Global Business Travel has completed 12 acquisitions, including 30SecondsToFly, Banks Sadler and CWT.
- Headquarter Scottsdale, United States
- Employees 18000 as on 31 Dec, 2024
- Stage Public
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Global Business Travel Group, Inc.
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Annual Revenue
$2.42 B5.81as on Dec 31, 2024
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Net Profit
$-138 M-119.05as on Dec 31, 2024
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EBITDA
$375 M41.51as on Dec 31, 2024
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Total Equity Funding
$900 M (USD)
in 4 rounds
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Latest Funding Round
$2.03 M (USD), Grant
Jun 05, 2023
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Investors
The Carlyle Group
& 3 more
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Employee Count
18000
as on Dec 31, 2024
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Investments & Acquisitions
30SecondsToFly
& 11 more
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IPO & Listings of American Express Global Business Travel
American Express Global Business Travel is a publicly listed company on the NYSE with ticker symbol GBTG in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
108 people
Product Management Team
52 people
Leadership Team
43 people
Sales and Marketing
42 people
Senior Team
32 people
Finance and Accounting
25 people
Data Analysis and Operations Team
19 people
Operations Team
15 people
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Funding Insights of American Express Global Business Travel
American Express Global Business Travel has successfully raised a total of $900M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $2.03 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $2.0M
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First Round
First Round
(01 Jun 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Grant - American Express Global Business Travel | Valuation |
investors |
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| Apr, 2023 | Amount | Grant - American Express Global Business Travel | Valuation |
investors |
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| Dec, 2019 | Amount | Private Equity Round - American Express Global Business Travel | Valuation | The Carlyle Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in American Express Global Business Travel
American Express Global Business Travel has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, NRW and Certares. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Certares is engaged in investment management for long-term value.
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Founded Year | Domain | Location | |
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Government programs access and development services are provided by NRW.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by American Express Global Business Travel
American Express Global Business Travel has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include 30SecondsToFly, Banks Sadler and CWT. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-powered travel assistance is offered for enterprise users via text.
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2015 | ||||
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Vacation and tour services are provided by DER Touristik.
|
2014 | ||||
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Business trip services are provided for corporate clients worldwide.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - American Express Global Business Travel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
American Express Global Business Travel Comparisons
Competitors of American Express Global Business Travel
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on American Express Global Business Travel
Frequently Asked Questions about American Express Global Business Travel
When was American Express Global Business Travel founded?
American Express Global Business Travel was founded in 2014.
Where is American Express Global Business Travel located?
American Express Global Business Travel is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Is American Express Global Business Travel a funded company?
American Express Global Business Travel is a funded company, having raised a total of $900M across 4 funding rounds to date.
How many employees does American Express Global Business Travel have?
As of Dec 31, 2024, the latest employee count at American Express Global Business Travel is 18,000.
What is the annual revenue of American Express Global Business Travel?
Annual revenue of American Express Global Business Travel is $2.42B as on Dec 31, 2024.
What does American Express Global Business Travel do?
American Express Global Business Travel was formed in 2014 as a joint venture between American Express and an investment group. Corporate travel management services are offered in the travel sector, encompassing bookings, meetings and events management, and business consulting. Operations are facilitated through online tools including mobile apps and dashboards. The company is based in Scottsdale, United States, with services extended to international clients.
Is American Express Global Business Travel publicly traded?
Yes, American Express Global Business Travel is publicly traded on NYSE under the ticker symbol GBTG.
How many acquisitions has American Express Global Business Travel made?
American Express Global Business Travel has made 12 acquisitions, including 30SecondsToFly, Banks Sadler, and CWT.
Who are American Express Global Business Travel's investors?
American Express Global Business Travel has 4 investors. Key investors include The Carlyle Group, NRW, Certares, and Qatar Investment Authority.
What is American Express Global Business Travel's ticker symbol?
The ticker symbol of American Express Global Business Travel is GBTG on NYSE.