About Hurb
Hurb is a company based in Rio De Janeiro (Brazil) founded in 2001 by Jose Eduardo Mendes.. Hurb has raised $215 million across 8 funding rounds from investors including Booking, Insight Partners and Tiger Global. Hurb operates in a competitive market with competitors including Despegar, Expedia, Qunar, CVC Brasil and Decolar.com, among others.
- Headquarter Rio De Janeiro, Brazil
- Founders Jose Eduardo Mendes
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Sectors
Travel & Hospitality
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Email
***********
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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
$215 M (USD)
in 8 rounds
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Latest Funding Round
$60 M (USD), Series D
Jul 07, 2015
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Investors
Booking
& 2 more
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Employee Count
Employee Count
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Funding Insights of Hurb
Hurb has successfully raised a total of $215M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $60 million completed in July 2015. 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 8
- Last Round Series D — $60.0M
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First Round
First Round
(01 Mar 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series D - Hurb | Valuation |
investors |
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| Jul, 2015 | Amount | Series E - Hurb | Valuation |
investors |
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| Mar, 2014 | Amount | Series D - Hurb | 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 Hurb
Hurb has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Booking, Insight Partners and Tiger Global. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Online travel and related services are provided globally.
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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 Hurb
| 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 - Hurb
| 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 |
Hurb Comparisons
Competitors of Hurb
Hurb 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 Despegar, Expedia, Qunar, CVC Brasil and Decolar.com, 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 |
|---|---|---|---|---|
| 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 platform for booking multiple travel services
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| domain | founded_year | HQ Location |
Online travel agency
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an online platform.
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| domain | founded_year | HQ Location |
Online Travel Agency for hotels, flights, tour packages and cruise travel bookings
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| 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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Frequently Asked Questions about Hurb
When was Hurb founded?
Hurb was founded in 2001 and raised its 1st funding round 10 years after it was founded.
Where is Hurb located?
Hurb is headquartered in Rio De Janeiro, Brazil. It is registered at Rio De Janeiro, Rio De Janeiro, Brazil.
Who is the current CEO of Hurb?
Jose Eduardo Mendes is the current CEO of Hurb. They have also founded this company.
Is Hurb a funded company?
Hurb is a funded company, having raised a total of $215M across 8 funding rounds to date. The company's 1st funding round was a Series D of $50M, raised on Mar 01, 2011.
What does Hurb do?
Hotel Urbano (doing business as Hurb) is a Brazil-based online travel agency. Offers an online platform which enables users to search, compare book flight tickets, hotels other accommodations, bus tickets, car rentals, travel experiencestoursactivities, and travel packages after providing relevant details. Additionally, users can also avail location-based travel guidebooks, travel insurance, and mobile data.
Who are Hurb's investors?
Hurb has 3 investors. Key investors include Booking, Insight Partners, and Tiger Global.