About Lexicon Travel Technologies
Lexicon Travel Technologies is a company based in Park City (United States) founded in 2016 by Joel Inman was acquired by RedAwning in November 2022.. Lexicon Travel Technologies operates in a competitive market with competitors including Bookingpal, Rentals United, TravelNest, Hosthub and NextPax, among others.
- Headquarter Park City, United States
- Founders Joel Inman
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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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Funding Insights of Lexicon Travel Technologies
| 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 Lexicon Travel Technologies
Lexicon Travel Technologies has secured backing from 1 investor. Prominent investors backing the company include RedAwning. 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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Vacation rentals are booked via an online marketplace by travelers.
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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 Lexicon Travel Technologies
| 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 - Lexicon Travel Technologies
| 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 |
Lexicon Travel Technologies Comparisons
Competitors of Lexicon Travel Technologies
Lexicon Travel Technologies 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 Bookingpal, Rentals United, TravelNest, Hosthub and NextPax, 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 |
Distribution & channel management solutions for short-term vacation rentals
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| domain | founded_year | HQ Location |
Software solutions for vacation rental management are provided.
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| domain | founded_year | HQ Location |
Vacation rental channels are managed via SaaS synchronization platform.
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| domain | founded_year | HQ Location |
AI and web-based channel management solutions for hotels are provided.
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| domain | founded_year | HQ Location |
SaaS channel management for vacation rentals is provided by NextPax.
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| domain | founded_year | HQ Location |
Distribution and marketing platform for vacation rentals is provided.
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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 Lexicon Travel Technologies
Frequently Asked Questions about Lexicon Travel Technologies
When was Lexicon Travel Technologies founded?
Lexicon Travel Technologies was founded in 2016.
Where is Lexicon Travel Technologies located?
Lexicon Travel Technologies is headquartered in Park City, United States. It is registered at Park City, Utah, United States.
Who is the current CEO of Lexicon Travel Technologies?
Joel Inman is the current CEO of Lexicon Travel Technologies. They have also founded this company.
What does Lexicon Travel Technologies do?
Lexicon Travel Technologies was founded in 2016 and is based in Park City, United States. Operations focus on the travel technology sector, where channel management solutions are delivered to vacation rental properties. Services encompass revenue management, data analytics, and a global distribution system that facilitates real-time inventory transactions between travel industry providers and partners.
Who are the top competitors of Lexicon Travel Technologies?
Lexicon Travel Technologies's top competitors include TravelNest, VacayHome Connect and Avantio.
Who are Lexicon Travel Technologies's investors?
Lexicon Travel Technologies has 1 investor. Key investors include RedAwning.