CWT
About CWT
CWT is a company was acquired by American Express Global Business Travel in March 2024. It operates as a Professional Services, and Managed Services. CWT has completed 1 acquisition, including WorldMate. CWT offers products and services including Business Travel Management, Meetings & Events, and Consultancy.
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
American Express Global Business Travel
(Mar 25, 2024)
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Products & Services of CWT
CWT offers a comprehensive portfolio of products and services, including Business Travel Management, Meetings & Events, and Consultancy. 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.
Business travel services are provided for corporate employees.
Meetings and events are organized for corporate clients.
Consultancy is offered for travel and expense programs.
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Leadership Team
87 people
Software Development Team
86 people
Legal and Compliance
30 people
Senior Team
25 people
Product Management Team
25 people
Human Resources and Administration
22 people
Sales and Marketing
22 people
Global Team
16 people
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Funding Insights of CWT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 CWT
CWT has secured backing from 1 investor. Prominent investors backing the company include American Express Global Business Travel. 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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End-to-end corporate travel management services are provided globally.
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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 CWT
CWT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WorldMate. 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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Online trip planning platform
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2000 |
| 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 - CWT
| 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 |
Cwt Comparisons
Competitors of CWT
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 CWT
What does CWT do?
CWT is engaged in providing business travel management, meetings, and events solutions. Services are tailored for various industries including life sciences, media, entertainment, sports, energy, resources, and marine. Comprehensive travel and expense consultancy is offered to extract value from corporate programs. Specialized teams are deployed to handle complex travel needs for remote locations and regulated sectors. Partnerships with global companies are maintained to ensure high-quality service delivery.
What products or services does CWT offer?
CWT offers Business Travel Management, Meetings & Events, and Consultancy.
How many acquisitions has CWT made?
CWT has made 1 acquisition, including WorldMate.
Who are CWT's investors?
CWT has 1 investor. Key investors include American Express Global Business Travel.
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