About Pelago
Pelago is a company based in Seattle (United States) founded in 2005 was acquired by Groupon in April 2011.. Pelago has raised $15 million across 1 funding round from investors including Kleiner Perkins, Groupon and Reliance Technology Ventures. Pelago operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.
- Headquarter Seattle, United States
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pelago, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Series B
May 27, 2008
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Investors
Kleiner Perkins
& 6 more
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Employee Count
Employee Count
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Acquired by
Groupon
(Apr 18, 2011)
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Funding Insights of Pelago
Pelago has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series B round of $15 million completed in May 2008. 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 1
- Last Round Series B — $15.0M
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First Round
First Round
(27 May 2008)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2008 | Amount | Series B - Pelago | Valuation | DAG Ventures , Reliance Technology Ventures |
| 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 Pelago
Pelago has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Groupon and Reliance Technology 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 |
|---|---|---|---|---|
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Investment management and philanthropic ventures linked to Bezos Expeditions.
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Founded Year | Domain | Location | |
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Mid-stage venture capital investments and support for tech entrepreneurs.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Reliance Anil Dhirubhai Ambani Group
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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 Pelago
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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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 |
Financial Statements - Pelago
| 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 |
Pelago Comparisons
Competitors of Pelago
Pelago 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 Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, 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 |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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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 Pelago
Frequently Asked Questions about Pelago
When was Pelago founded?
Pelago was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Where is Pelago located?
Pelago is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Pelago a funded company?
Pelago is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series B of $15M, raised on May 27, 2008.
What does Pelago do?
Pelago was founded in 2005 in Seattle, United States, as a location-based networking platform operating under the Whrrl brand. Users are enabled to check in at visited places, share pictures and comments with friends, accumulate points, join societies of like-minded individuals, and unlock rewards from partner companies. The company raised 22.4 million in funding before being acquired by Groupon in April 2011.
Who are the top competitors of Pelago?
Pelago's top competitors include MakeMyTrip, Ixigo and Despegar.
Who are Pelago's investors?
Pelago has 7 investors. Key investors include Kleiner Perkins, Groupon, Reliance Technology Ventures, Bezos Expeditions, and DAG Ventures.
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