About Lastminute
Lastminute is a company based in Chiasso (Switzerland) founded in 1998 was acquired by Bravofly Rumbo Group in December 2014.. Lastminute has raised $25.82 million across 4 funding rounds from investors including Travelocity, NFX and Alain Rodermann. Lastminute has completed 6 acquisitions, including Comvel, Exhilaration and Travel Price. Lastminute operates in a competitive market with competitors including Red Tag Vacations and SellOffVacations, among others.
- Headquarter Chiasso, Switzerland
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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
$25.82 M (USD)
in 4 rounds
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Latest Funding Round
$25.82 M (USD), Series B
Nov 24, 2012
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Investors
Travelocity
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Comvel
& 5 more
- Acquired by
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Funding Insights of Lastminute
Lastminute has successfully raised a total of $25.82M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $25.82 million completed in November 2012. 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 — $25.8M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2012 | Amount | Series B - Lastminute | Valuation |
investors |
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| Jul, 2010 | Amount | Series B - Lastminute | Valuation |
investors |
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| Jun, 1998 | Amount | Unspecified - Lastminute | 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 Lastminute
Lastminute has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Travelocity, NFX and Alain Rodermann. 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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Venture capital firm offering funding and tools for startups in technology and investment sectors.
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Founded Year | Domain | Location | |
|
AR
Alain Rodermann |
Founder of Expon Capital, active angel investor in tech startups
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Founded Year | Domain | Location |
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Online travel agency
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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 Lastminute
Lastminute has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Comvel, Exhilaration and Travel Price. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Holiday packages are discovered, planned, and booked online.
|
2012 | ||||
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Online travel agency for flights, hotels, cruises, city tours
|
2009 | ||||
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Travelogue and social networking platform for travellers is provided.
|
2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Lastminute
| 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 |
Lastminute Comparisons
Competitors of Lastminute
Lastminute 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 Red Tag Vacations and SellOffVacations, 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 |
Acts as an online travel agent offering discounted vacation deals.
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| domain | founded_year | HQ Location |
Provides discounted vacation packages, flights, hotels, and cruises to consumers worldwide.
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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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Latest news on Lastminute
Frequently Asked Questions about Lastminute
When was Lastminute founded?
Lastminute was founded in 1998.
Where is Lastminute located?
Lastminute is headquartered in Chiasso, Switzerland. It is registered at Chiasso, Ticino, Switzerland.
Is Lastminute a funded company?
Lastminute is a funded company, having raised a total of $25.82M across 4 funding rounds to date.
What does Lastminute do?
Lastminute.com was founded in 1998 and is headquartered in Chiasso, Switzerland. An online platform is operated within the travel sector, enabling last-minute reservations for various services. Bookings for flights, hotels, car rentals, theater tickets, spa treatments, and holidays are supported. Travelers are provided with options across multiple categories through the domain lastminute.com.
Who are the top competitors of Lastminute?
Lastminute's top competitors include Red Tag Vacations and SellOffVacations.
How many acquisitions has Lastminute made?
Lastminute has made 6 acquisitions, including Comvel, Exhilaration, and Travel Price.
Who are Lastminute's investors?
Lastminute has 4 investors. Key investors include Travelocity, NFX, Alain Rodermann, and Bravofly Rumbo Group.
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