About DoubleTree
DoubleTree is a company based in Mclean (United States) founded in 1969 by Samuel K Kitchell was acquired by OTO Development in July 2022.. The company has 12 employees as of December 31, 2024.
- Headquarter Mclean, United States
- Employees 12 as on 31 Dec, 2024
- Founders Samuel K Kitchell
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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
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Investors
University of Alabama at Birmingham
& 2 more
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Employee Count
12
as on Dec 31, 2024
- Acquired by
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Sales and Marketing
233 people
Leadership Team
182 people
Software Development Team
133 people
Human Resources and Administration
61 people
Senior Team
51 people
Finance and Accounting
46 people
Operations Team
38 people
Product Management Team
27 people
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Funding Insights of DoubleTree
| 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 DoubleTree
DoubleTree has secured backing from 3 investors. Prominent investors backing the company include University of Alabama at Birmingham, OTO Development and AWH Partners. 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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A leading university and academic health system is operated.
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Founded Year | Domain | Location | |
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Select-service and extended-stay hotels are developed and managed.
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Founded Year | Domain | Location | |
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Delivers comprehensive real estate development services with expertise and innovation.
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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 DoubleTree
| 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 - DoubleTree
| 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 |
Doubletree Comparisons
Competitors of DoubleTree
| 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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Latest news on Doubletree
Frequently Asked Questions about DoubleTree
When was DoubleTree founded?
DoubleTree was founded in 1969.
Where is DoubleTree located?
DoubleTree is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
How many employees does DoubleTree have?
As of Dec 31, 2024, the latest employee count at DoubleTree is 12.
What does DoubleTree do?
Founded in 1969 and headquartered in McLean, United States, DoubleTree operates as an online aggregator in the hospitality sector. Accommodations are discovered by travelers through searches specifying destinations, check-in and check-out dates, and guest numbers. Bookings are facilitated via the platform with online payments. Amenities such as fitness centers, spas, and pet-friendly options are offered across listed properties.
Who are DoubleTree's investors?
DoubleTree has 3 investors. Key investors include University of Alabama at Birmingham, OTO Development, and AWH Partners.