About Etraveli
Etraveli is a company based in Uppsala (Sweden) founded in 2000 was acquired by CVC in June 2017.. Etraveli has completed 3 acquisitions, including FlightNetwork, Travelstart and TripStack. Etraveli offers products and services including Mytrip, Gotogate, Flightnetwork, and TripStack. Etraveli operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.
- Headquarter Uppsala, Sweden
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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
CVC
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
FlightNetwork
& 2 more
- Acquired by
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Products & Services of Etraveli
Etraveli offers a comprehensive portfolio of products and services, including Mytrip, Gotogate, Flightnetwork, and TripStack. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for booking flights, accommodations, and travel services globally
Service offering affordable flights and travel options for consumers
Tool for seamless flight and travel reservations worldwide
System for creating travel itineraries and virtual interlining
Funding Insights of Etraveli
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2010 | Amount | Debt – Conventional - Etraveli | Valuation |
investors |
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| Jun, 2007 | Amount | Private Equity Round - Etraveli | Valuation |
investors |
| 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 |
Investors in Etraveli
Etraveli has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include CVC, ProSiebenSat.1 Media and Proventus. 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 family office is operated across Nordic and European regions.
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location | |
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Mezzanine financing and equity investments are provided by CVC.
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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 Etraveli
Etraveli has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include FlightNetwork, Travelstart and TripStack. 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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SaaS-based flight distribution and itinerary solutions for OTAs are delivered.
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2016 | ||||
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Online travel agency based out of South Africa
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1999 | ||||
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Online travel agency based out of USA
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1998 |
| 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 - Etraveli
| 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 |
Etraveli Comparisons
Competitors of Etraveli
Etraveli 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 Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, 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 |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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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 Etraveli
Frequently Asked Questions about Etraveli
When was Etraveli founded?
Etraveli was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Where is Etraveli located?
Etraveli is headquartered in Uppsala, Sweden. It is registered at Uppsala, Uppsala County, Sweden.
What does Etraveli do?
Etraveli was founded in 2000 in Uppsala, Sweden, as an online travel agency within the travel sector. Hotel rooms, flights, tours, and additional travel services are offered for booking through its platforms. Operations span 46 countries across five continents, with a brand portfolio that includes Supersaver, Gotogate, and Travelstart. In 2015, bookings exceeded SEK 12.3 billion in value, while revenue reached SEK 900 million.
Who are the top competitors of Etraveli?
Etraveli's top competitors include MakeMyTrip, Ixigo and Despegar.
What products or services does Etraveli offer?
Etraveli offers Mytrip, Gotogate, Flightnetwork, and TripStack.
How many acquisitions has Etraveli made?
Etraveli has made 3 acquisitions, including FlightNetwork, Travelstart, and TripStack.
Who are Etraveli's investors?
Etraveli has 5 investors. Key investors include CVC, ProSiebenSat.1 Media, Proventus, Norvestor, and Amplio.
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