About DER Business Travel
DER Business Travel was founded in 2006 in Frankfurt, Germany, within the business travel sector. Corporate travel arrangements are managed, including bookings for flights, accommodations, and itineraries. Operations are centered in Germany, with services extended to international clients seeking efficient trip solutions. The company focuses on streamlining business journeys for professionals across industries, supported by its established domain presence.
- Headquarter Frankfurt, Germany
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Annual Revenue
$1.7 M (USD)84as on Dec 31, 2022
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Net Profit
$329.65 K (USD)68as on Dec 31, 2022
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EBITDA
$493.12 K (USD)29as on Dec 31, 2022
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
American Express Global Business Travel
(Jun 25, 2019)
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Funding Insights of DER 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 |
Investors in DER Business Travel
DER Business Travel 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 DER Business Travel
| 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 - DER 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 |
Der Business Travel Comparisons
Competitors of DER 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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Frequently Asked Questions about DER Business Travel
When was DER Business Travel founded?
DER Business Travel was founded in 2006.
Where is DER Business Travel located?
DER Business Travel is headquartered in Frankfurt, Germany. It is registered at Frankfurt, Hesse, Germany.
What is the annual revenue of DER Business Travel?
Annual revenue of DER Business Travel is $1.7M as on Dec 31, 2022.
What does DER Business Travel do?
DER Business Travel was founded in 2006 in Frankfurt, Germany, within the business travel sector. Corporate travel arrangements are managed, including bookings for flights, accommodations, and itineraries. Operations are centered in Germany, with services extended to international clients seeking efficient trip solutions. The company focuses on streamlining business journeys for professionals across industries, supported by its established domain presence.
Who are DER Business Travel's investors?
DER Business Travel has 1 investor. Key investors include American Express Global Business Travel.