About ITA Software
ITA Software is a company based in United States founded in 1996 by David Baggett was acquired by Google in April 2011.. ITA Software has raised $100 million across 6 funding rounds from investors including Google, HHS and Battery Ventures. ITA Software offers products and services including QPX, ReShop, Award Shopping, and Merchandising. ITA Software operates in a competitive market with competitors including JR Technologies, Routehappy, Paxport, GuestLogix and Datalex, among others.
- Headquarter United States
- Founders David Baggett
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ita Software Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ITA Software
ITA Software offers a comprehensive portfolio of products and services, including QPX, ReShop, Award Shopping, and Merchandising. 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 flight pricing, shopping, and availability experiences
Manages flight alternatives for ticket changes and refunds
Assists in finding award flights while meeting revenue goals
Facilitates sale of ancillary products to boost customer revenue
Unlock access to complete
Unlock access to complete
Funding Insights of ITA Software
ITA Software has successfully raised a total of $100M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $36.65 million completed in December 2010. 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 6
- Last Round Grant — $36.6M
-
First Round
First Round
(23 Jan 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2010 | Amount | Grant - ITA Software | Valuation |
investors |
|
| Dec, 2009 | Amount | Grant - ITA Software | Valuation |
investors |
|
| Dec, 2008 | Amount | Grant - ITA Software | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ITA Software
ITA Software has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, HHS and Battery Ventures. 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 |
|---|---|---|---|---|
|
Investments in technology companies are conducted globally by Battery Ventures.
|
Founded Year | Domain | Location | |
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ITA Software
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ITA Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ita Software Comparisons
Competitors of ITA Software
ITA Software 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 JR Technologies, Routehappy, Paxport, GuestLogix and Datalex, 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 |
New distribution capability solutions are provided for airline retailing.
|
|
| domain | founded_year | HQ Location |
Flights are meta-searched using happiness factors for amenities.
|
|
| domain | founded_year | HQ Location |
Business management solutions are provided for travel service providers.
|
|
| domain | founded_year | HQ Location |
Provides retail technology and merchandising, payment, and BI solution
|
|
| domain | founded_year | HQ Location |
AI and web-enabled flight ancillary distribution and pricing engine solution provider
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ita Software
Frequently Asked Questions about ITA Software
When was ITA Software founded?
ITA Software was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Where is ITA Software located?
ITA Software is headquartered in United States.
Who is the current CEO of ITA Software?
Ron Asayag is the current CEO of ITA Software.
Is ITA Software a funded company?
ITA Software is a funded company, having raised a total of $100M across 6 funding rounds to date. The company's 1st funding round was a Grant of $47.23M, raised on Jan 23, 2006.
What does ITA Software do?
Founded in 1996 in the United States, ITA Software focuses on the online travel and airline industry. Software solutions are provided, including the QPX system for airfare pricing and shopping, which serves airlines and travel distributors. Algorithms are employed to integrate flight data such as pricing and availability from multiple sources, forming a real-time searchable database. Operations are centered on enhancing travel search capabilities through these technical tools.
Who are the top competitors of ITA Software?
ITA Software's top competitors include TPConnects, Paxport and Datalex.
What products or services does ITA Software offer?
ITA Software offers QPX, ReShop, Award Shopping, and Merchandising.
Who are ITA Software's investors?
ITA Software has 7 investors. Key investors include Google, HHS, Battery Ventures, General Catalyst, and PAR Capital Management.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.