About Despegar
Despegar is a Travel & Hospitality company based in Miami (United States) founded in 1999 by Mariano Fiori, Martin Rastellino, and Roberto Souviron, and was acquired by Prosus in December 2024. Multiple travel services are booked via an app-based platform. Despegar has raised $331.37 million across 7 funding rounds from investors including Accel, Accor and Merrill Lynch. The company has 5,191 employees. Despegar has completed 4 acquisitions, including ViajaNet, Koin and Viajes Falabella. Despegar was last valued at $1.96 billion in September 2017. Its website despegar.com draws about 1.2 million monthly visits. Its focus areas include Consumer, Online Travel, Horizontal and Online Agency. Its legal entity is Despegar.com USA Inc. Its competitors include Priceline and Expedia; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters Miami, United States
- Employees 5,191
- Founders Mariano Fiori, Martin Rastellino, Roberto Souviron
- Stage Acquired
- SectorsTravel & Hospitality
- Website category Travel and Tourism
- Email••••••••
- Website despegar.com
- Social LinkedIn X Facebook
- Acquired by Prosus (Dec 2024)
- Legal Name Despegar.Com Usa Inc
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.
- Total Funding $331.37M
- Total Rounds 7
- Last Round Post-IPO — $200M
- First Round $10.5M
(May 2000)
- Investors Count 12
All 7 funding rounds of Despegar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | $200M | Post-IPO | – | – | |
| Mar 2015 | $270M | Series C | – | – | |
| May 2012 | Series B | – | – | ||
| Apr 2012 | $8.25M | Series B | – | General Atlantic | – |
| Mar 2012 | $22M | Series B | – | – | – |
| Jan 2012 | $20.63M | Series B | – | – | – |
| May 2000 | $10.5M | Series A | – | – |
Last known valuation $1.96B (Sep 2017). 12 investors in total: 12 institutional.
Investors in Despegar
Despegar has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, Accor and Merrill Lynch.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed across multiple sectors. | 1997 | wahacapital.com | Abu Dhabi, United Arab Emirates | |
L Catterton is recognized as a leading consumer-focused private equity group. | lcatterton.com | Greenwich, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
HM Capital is engaged in commercial mortgage banking and real estate capital advisory. | hmcapital.com | Tulsa, United States | ||
Tech companies are invested in by this venture capital firm. | 1997 | prosus.com | Amsterdam, Netherlands | |
Sector-agnostic investments are made in Brazil across multiple sectors. | axiaventures.com | |||
Accel is recognized as a leading venture capital firm. | 1983 | unknown_9468ceb33ed447f7b | Palo Alto, United States | |
Investment firm scaling software and technology companies from early to late stages. | unknown_6bf11dd0d7084df69 | |||
Travel services are booked via an online platform by users. | 1994 | expediagroup.com | Seattle, United States |
Investor details for Despegar
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People of Despegar
236 people are tracked at Despegar (45 in leadership, 191 in team); the tracked headcount is 5,191.
| Name | Role | Group |
|---|---|---|
Mariano Fiori | Co-Founder | Leadership |
Martin Rastellino | Co-Founder | Leadership |
Roberto Souviron | Founder | Leadership |
Sebastián Mackinnon | Executive VP Travel Partners & Corporate Affairs | Leadership |
Ignacio Pagani | VP Planning & Control | Chief Of Staff | Leadership |
Damián Scokin | CEO | Leadership |
Gonzalo García Estebarena | CTO | Leadership |
Arturo Martinez | Business Developer Director B2b2c | Leadership |
Renan Pinto | Chief Financial Officer | Leadership |
Fernando Piccirillo | VP Of Engineering | Leadership |
Gabriel David Gartensztern | Director Of Engineering | Leadership |
Carlos Calderon Salcedo | Executive Director Business Development | Leadership |
Mariano. Cifre | VP Of Engineering | Leadership |
Kevin Thienemann | Engineering VP | Leadership |
Pablo Abad | Engineering VP | Leadership |
Ignacio Conte | Director Of Engineering | Leadership |
Jorge Santoro | Engineer Director | Leadership |
Nicolas Obejero | VP E-finance | Leadership |
Adolfo Raso | Air Travel Partners - Director | Leadership |
Marcelo Grether | Chief Commercial Officer @ Despegar | Leadership |
216 more people are available in the full profile.
Complete people profiles 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 ViajaNet, Koin and Viajes Falabella.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online multiple travel service booking platform | viajanet.com.br | 2009 | May 2022 | •••• | ||
Purchase financing solutions are offered for monthly installments and payments. | koin.com.br | Sao Paulo, Brazil | 2014 | Aug 2020 | •••• | |
Travel agency services for flights, hotels, and packages are provided. | viajesfalabella.cl | Santiago, Chile | 2019 | Apr 2019 | $27M | |
Online marketplace for vacation rental | zukbox.com | Buenos Aires, Argentina | 2011 | Dec 2013 | •••• |
Complete acquisition details for Despegar
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Timeline of Despegar
9 dated milestones of Despegar across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Despegar is founded.
- Funding First funding round of $10.5M.
- Acquisition Acquires Zukbox.
- Acquisition Acquires Viajes Falabella.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $200.0M.
- Acquisition Acquires Koin.
- Acquisition Acquires ViajaNet.
- Exit Acquired by Prosus.
Competitors of Despegar
Despegar has 2 listed competitors in our database, 1 of them funded. They include Priceline and Expedia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| priceline.com | 1997 | Norwalk, United States | $75.35M | 23,600 | Travel services are booked via an AI-powered platform. | |
| expedia.com | 1996 | Bellevue, United States | 8,176 | Online platform for booking multiple travel services |
Detailed competitors of Despegar
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Web traffic of Despegar
The website of Despegar (despegar.com) receives about 1.2M visits a month and ranks #37,666 among all websites worldwide, #1,068 in Travel and Tourism.
- Monthly visits1.2M
▲ 0.7% vs previous month
- Unique visitors475K
per month
- Global rank#37,666
among all websites
- Category rank#1,068
Travel and Tourism · Travel and Tourism
- Bounce rate44%
- Pages per visit5.0
- Average visit4 min 22 sec
- DevicesDesktop 44% · Mobile 56%
Websites whose visitors overlap most with Despegar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
rumbo.es | rumbo.es | 100% | #83,679 | – | |
| viajar.com | 99% | View details | |||
turismocity.com.ar | turismocity.com.ar | 98% | #11,975 | – | |
viajes.net | viajes.net | 98% | – | ||
asatej.com | asatej.com | 94% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Despegar
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- 40 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Online Travel
3 companies that operate in the same segment as Despegar (Online Travel) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 | ||
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | 5,356 |
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Related news about 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. The company's 1st funding round was a Series A of $10.5M, raised on May 2000.
Despegar has 5,191 employees.
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 has made 4 acquisitions, including ViajaNet, Koin, and Viajes Falabella.
Despegar has 12 investors. Key investors include Accel, Accor, Merrill Lynch, Expedia Group, and General Atlantic.
The valuation of Despegar is $1.96B as of Sep 2017.
Despegar operates through Despegar.Com Usa Inc.
Yes. Despegar was acquired by Prosus in December 2024.
The website of Despegar receives about 1.2 million visits a month and ranks #37,666 among all websites worldwide.