Egencia
About Egencia
Egencia is a company based in Bellevue (United States) founded in 2000 was acquired by American Express Global Business Travel in May 2021.. Egencia has raised $23.52 million across 4 funding rounds from investors including American Express Global Business Travel, The Carlyle Group and Exor. The company has 244 employees as of September 30, 2024. Egencia has completed 1 acquisition, including Traveldoo. Egencia operates in a competitive market with competitors including TravelPerk, Deem, Comtravo, Lanes & Planes and TravelBank, among others.
- Headquarter Bellevue, United States
- Employees 244 as on 30 Sep, 2024
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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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Total Equity Funding
$23.52 M (USD)
in 4 rounds
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Latest Funding Round
$7.74 M (USD), Series B
May 01, 2003
- Investors
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Employee Count
244
as on Sep 30, 2024
- Investments & Acquisitions
- Acquired by
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Funding Insights of Egencia
Egencia has successfully raised a total of $23.52M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7.74 million completed in May 2003. 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 Total Funding
- Total Rounds 4
- Last Round Series B — $7.7M
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First Round
First Round
(01 Feb 2000)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2003 | Amount | Series B - Egencia | Valuation |
investors |
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| Jun, 2001 | Amount | Series B - Egencia | Valuation |
investors |
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| May, 2000 | Amount | Series A - Egencia | Valuation |
investors |
| 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 Egencia
Egencia has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include American Express Global Business Travel, The Carlyle Group and Exor. 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is provided to French companies by the firm.
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Founded Year | Domain | Location | |
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Private equity firm focused on energy transition and sustainable investments across Europe.
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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 Egencia
Egencia has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Traveldoo. 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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Corporate travel and expense management 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 - Egencia
| 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 |
Egencia Comparisons
Competitors of Egencia
Egencia 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 TravelPerk, Deem, Comtravo, Lanes & Planes and TravelBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-driven corporate travel management & booking engine platform
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| domain | founded_year | HQ Location |
Provider of corporate travel management solutions
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| domain | founded_year | HQ Location |
Corporate travel bookings are managed via a text-based online platform.
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| domain | founded_year | HQ Location |
SaaS travel management is offered for business travelers' bookings.
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| domain | founded_year | HQ Location |
Cloud-based expense management and booking tools SMBs
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| 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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Latest news on Egencia
Frequently Asked Questions about Egencia
When was Egencia founded?
Egencia was founded in 2000.
Where is Egencia located?
Egencia is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Who is the current CEO of Egencia?
Rob Greyber is the current CEO of Egencia.
Is Egencia a funded company?
Egencia is a funded company, having raised a total of $23.52M across 4 funding rounds to date.
How many employees does Egencia have?
As of Sep 30, 2024, the latest employee count at Egencia is 244.
What does Egencia do?
Egencia was established in 2000 as a unit of Expedia Inc. in Bellevue, United States. Corporate travel management services are provided, including trip planning, flight and hotel check-ins, and concierge support during journeys. Costs are reduced for clients through minimized agent-assisted bookings and access to a broad inventory of travel options. Operations focus on the travel technology sector, serving business needs globally.
Who are the top competitors of Egencia?
Egencia's top competitors include TravelPerk, Lanes & Planes and Deem.
How many acquisitions has Egencia made?
Egencia has made 1 acquisition, including Traveldoo.
Who are Egencia's investors?
Egencia has 6 investors. Key investors include American Express Global Business Travel, The Carlyle Group, Exor, BNP Paribas Developpement, and Omnes Capital.
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