About Comtravo
Comtravo is a company based in Berlin (Germany) founded in 2015 by Juliane Neumann, Marko Schilde, Slobodan Utvic, and Jannik Wassa was acquired by Navan in February 2022.. Comtravo has raised $43.07 million across 4 funding rounds from investors including Navan, Deutsche Bank and AERTiCKET. The company has 70 employees as of December 31, 2018.
- Headquarter Berlin, Germany
- Employees 70 as on 31 Dec, 2018
- Founders Juliane Neumann, Marko Schilde, Slobodan Utvic, Jannik Wassa
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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
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Funding Insights of Comtravo
Comtravo has successfully raised a total of $43.07M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in January 2020. 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 Series B — $10.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series B - Comtravo | Valuation | M12 | |
| Sep, 2019 | Amount | Series B - Comtravo | Valuation | Endeit Capital | |
| Jul, 2017 | Amount | Series A - Comtravo | Valuation | Project A , Creandum |
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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 Comtravo
Comtravo has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Navan, Deutsche Bank and AERTiCKET. 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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Venture capital investments in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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Edtech, digital media, eCommerce companies are funded by Endeit Capital.
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Founded Year | Domain | Location | |
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Project A is recognized as an early-stage venture capital firm focused on European startups.
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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 Comtravo
| 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 |
Financial Statements - Comtravo
| 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 |
Comtravo Comparisons
Competitors of Comtravo
| 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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Frequently Asked Questions about Comtravo
When was Comtravo founded?
Comtravo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Comtravo located?
Comtravo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Comtravo a funded company?
Comtravo is a funded company, having raised a total of $43.07M across 4 funding rounds to date. The company's 1st funding round was a Series A of $9.64M, raised on Jun 01, 2016.
How many employees does Comtravo have?
As of Dec 31, 2018, the latest employee count at Comtravo is 70.
What does Comtravo do?
Comtravo was founded in 2015 in Berlin, Germany, as a platform in the corporate travel sector. Travel services, including flights, hotels, trains, and buses, are booked and managed through text-based requests sent via email, SMS, WhatsApp, or Slack. These requests are handled by travel experts who identify suitable options, with payments processed via credit card. The service supports business travel coordination across various modes.
Who are Comtravo's investors?
Comtravo has 10 investors. Key investors include Navan, Deutsche Bank, AERTiCKET, M12, and Joop Drechsel.
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