About nuTravel
nuTravel is a company based in Purchase (United States) founded in 2004 by Carmine Carpanzano and Michael J Materasso was acquired by Airlines Reporting Corporation in January 2020.. The company has 26 employees as of December 31, 2019. nuTravel offers products and services including Booking Platform, PSS Integrations, and Loyalty Programs. nuTravel operates in a competitive market with competitors including Farel, SafeConnect, Avisell, Reservations Gateway and Calrom, among others.
- Headquarter Purchase, United States
- Employees 26 as on 31 Dec, 2019
- Founders Carmine Carpanzano, Michael J Materasso
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
26
as on Dec 31, 2019
-
Acquired by
Airlines Reporting Corporation
(Jan 21, 2020)
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 nuTravel
nuTravel offers a comprehensive portfolio of products and services, including Booking Platform, PSS Integrations, and Loyalty Programs. 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.
Facilitates direct airline bookings with policy compliance features.
Enables seamless airline system connections for traveler data.
Manages rewards and recognition for business travelers on platforms.
Funding Insights of nuTravel
| 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 nuTravel
nuTravel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Airlines Reporting Corporation. 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 |
|---|---|---|---|---|
|
Secure platform for airline partnerships, transactions, and NDC implementation services.
|
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 nuTravel
| 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 - nuTravel
| 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 |
Nutravel Comparisons
Competitors of nuTravel
nuTravel 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 Farel, SafeConnect, Avisell, Reservations Gateway and Calrom, 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 |
Reservation software for aviation is provided by Farel.
|
|
| domain | founded_year | HQ Location |
Interlining booking systems are supplied to the aviation sector.
|
|
| domain | founded_year | HQ Location |
Post-booking management solution for airlines
|
|
| domain | founded_year | HQ Location |
Provides reservation management and online booking solutions.
|
|
| domain | founded_year | HQ Location |
Provides SaaS solutions for airline industry group management and fare systems.
|
| 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 Nutravel
Frequently Asked Questions about nuTravel
When was nuTravel founded?
nuTravel was founded in 2004.
Where is nuTravel located?
nuTravel is headquartered in Purchase, United States. It is registered at Purchase, New York, United States.
Who is the current CEO of nuTravel?
Carmine Carpanzano is the current CEO of nuTravel. They have also founded this company.
How many employees does nuTravel have?
As of Dec 31, 2019, the latest employee count at nuTravel is 26.
What does nuTravel do?
NuTravel was founded in 2004 and is based in Purchase, United States. A B2B and B2C distribution platform for booking and traveler management in the airline sector is operated. Services encompass travel application design, loyalty and profile management, data reporting, revenue and expense management, reward programs, and analytics. Core activities focus on supporting airline industry operations through integrated tools.
Who are the top competitors of nuTravel?
nuTravel's top competitors include Avisell, Farel and SafeConnect.
What products or services does nuTravel offer?
nuTravel offers Booking Platform, PSS Integrations, and Loyalty Programs.
Who are nuTravel's investors?
nuTravel has 1 investor. Key investors include Airlines Reporting Corporation.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.