About Paxport
Paxport is a company based in Stockholm (Sweden) founded in 1994.. The company has 28 employees as of December 31, 2020. Paxport offers products and services including Passenger Management Services, Distribution, and Pax2pay. Paxport operates in a competitive market with competitors including Amadeus, Travelport, Sabre, Mondee and RateGain, among others.
- Headquarter Stockholm, Sweden
- Employees 28 as on 31 Dec, 2020
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Sectors
TechnologyTravel & 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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- Legal Name Paxport Group Uk Limited
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Annual Revenue
$5.05 M (USD)104as on Dec 31, 2022
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Net Profit
$2.57 M (USD)258as on Dec 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
28
as on Dec 31, 2020
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Products & Services of Paxport
Paxport offers a comprehensive portfolio of products and services, including Passenger Management Services, Distribution, and Pax2pay. 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.
Consolidates and distributes travel data to maximize efficiency and profit.
Optimizes travel content storage and delivery for increased revenue conversions.
Enables faster, safer B2B travel payments across borders for dynamic markets.
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Funding Insights of Paxport
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2011 | Amount | Unspecified - Paxport | 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 Paxport
Paxport has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include InnovationsKapital. 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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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 Paxport
| 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 - Paxport
| 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 |
Paxport Comparisons
Competitors of Paxport
Paxport 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 Amadeus, Travelport, Sabre, Mondee and RateGain, 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 |
SaaS-based operations management is provided for hospitality and aviation sectors.
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| domain | founded_year | HQ Location |
Blockchain and SaaS solutions are delivered for travel providers.
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| domain | founded_year | HQ Location |
Business management solutions are offered to travel service providers.
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| domain | founded_year | HQ Location |
SaaS solutions are delivered for travel professionals' tech needs.
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| domain | founded_year | HQ Location |
SaaS solutions for hospitality revenue and operations management are delivered.
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| domain | founded_year | HQ Location |
Software is developed for airline and travel sectors.
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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 Paxport
Frequently Asked Questions about Paxport
When was Paxport founded?
Paxport was founded in 1994 and raised its 1st funding round 17 years after it was founded.
Where is Paxport located?
Paxport is headquartered in Stockholm, Sweden.
How many employees does Paxport have?
As of Dec 31, 2020, the latest employee count at Paxport is 28.
What is the annual revenue of Paxport?
Annual revenue of Paxport is $5.05M as on Dec 31, 2022.
What does Paxport do?
Paxport was founded in 1994 and is based in Stockholm, Sweden. Solutions for business management in the travel sector are offered to agencies, tour operators, airlines, and resellers. Key products encompass revenue management, content aggregation for online travel agencies, digital payment processing, lead generation, and passenger management for airlines. Operations center on supporting travel technology needs across various providers.
Who are the top competitors of Paxport?
Paxport's top competitors include Amadeus, Travelport and ITA Software.
What products or services does Paxport offer?
Paxport offers Passenger Management Services, Distribution, and Pax2pay.
Who are Paxport's investors?
Paxport has 1 investor. Key investors include InnovationsKapital.
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