About Despegar
Despegar is a company based in Miami (United States) founded in 1999 by Mariano Fiori and Martin Rastellino was acquired by Prosus in December 2024. Despegar has raised $331.37 million across 7 funding rounds from investors including Accor, Merrill Lynch and Expedia Group. The company has 4,543 employees as of December 31, 2022. Despegar has completed 4 acquisitions, including Koin, ViajaNet and Viajes Falabella. Despegar operates in a competitive market with competitors including MakeMyTrip, Ixigo, Traveloka, Priceline and Lastminute, among others.
- Headquarter Miami, United States
- Employees 4543 as on 31 Dec, 2022
- Founders Mariano Fiori, Martin Rastellino
- Stage Public
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Sectors
Travel & Hospitality
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Despegar.Com Usa Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$331.37 M (USD)
in 7 rounds
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Latest Funding Round
$200 M (USD), Post-IPO
Aug 20, 2020
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Investors
Accor
& 8 more
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Employee Count
4543
as on Dec 31, 2022
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Investments & Acquisitions
Koin
& 3 more
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Acquired by
Prosus
(Dec 23, 2024)
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People of Despegar
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Software Development Team
84 people
Sales and Marketing
26 people
Leadership Team
19 people
Data Analysis and Operations Team
11 people
Product Management Team
9 people
Engineer Team
8 people
Business Team
7 people
Sr Team
6 people
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Funding Insights of Despegar
Despegar has successfully raised a total of $331.37M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $200 million completed in August 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.
Investors in Despegar
Despegar has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Accor, Merrill Lynch and Expedia Group.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed across multiple sectors.
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Locked | Locked | Locked | |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Locked | Locked | Locked | |
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Sequoia Capital is engaged in venture capital investments.
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Locked | Locked | Locked |
Investor details for Despegar
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Investments & Acquisitions by Despegar
Despegar has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Koin, ViajaNet and Viajes Falabella.
Investment portfolio details for Despegar
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Travel agency services for flights, hotels, and packages are provided.
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Locked | Locked | 2019 | Locked | |
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Purchase financing solutions are offered for monthly installments and payments.
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Locked | Locked | 2014 | Locked | |
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Online marketplace for vacation rental
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Despegar
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- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Despegar
Detailed financials for Despegar
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Despegar Comparisons
Peer comparison for Despegar
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- Named peers
- Headcount comparison
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Competitors of Despegar
Despegar 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 MakeMyTrip, Ixigo, Traveloka, Priceline and Lastminute, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online bookings for flights, hotels, and travel packages are facilitated.
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| Locked | Locked | Locked |
Online platform providing multiple travel booking services
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| Locked | Locked | Locked |
Multiple travel services are booked via an app-based platform.
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| Locked | Locked | Locked |
Travel services are booked via an AI-powered platform.
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| Locked | Locked | Locked |
Last-minute bookings for travel and entertainment are facilitated online.
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Detailed competitors of Despegar
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- Full company profiles
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Latest news on Despegar
Complete news archive for Despegar
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Frequently Asked Questions about Despegar
Despegar was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Despegar is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Despegar is a funded company, having raised a total of $331.37M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Despegar is 4,543.
Despegar is an app-based platform to book multiple travel services including flight tickets, car rentals, tour packages more. It allows travelers to discover the services by providing the travel destination, dates more. They can also create customized package tours. Bookings can be made via their platform or app by making an online payment. Their app is available for Android iOS devices.
Despegar's top competitors include MakeMyTrip, Ixigo and Traveloka.
Despegar has made 4 acquisitions, including Koin, ViajaNet, and Viajes Falabella.
Despegar has 9 investors. Key investors include Accor, Merrill Lynch, Expedia Group, General Atlantic, and Prosus.