About Porter and Sail
Porter and Sail is a company based in New York (United States) founded in 2014 was acquired by LuxuryEscapes in February 2021.. Porter and Sail has raised $1.23 million across 1 funding round from investors including LuxuryEscapes and Pontiac Land Group. Porter and Sail has completed 2 acquisitions, including FutureKey and GuestDriven.
- Headquarter New York, United States
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Email
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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
$1.23 M (USD)
in 1 rounds
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Latest Funding Round
$1.23 M (USD), Seed
May 26, 2016
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Investors
LuxuryEscapes
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
FutureKey
& 1 more
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Acquired by
LuxuryEscapes
(Feb 12, 2021)
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Funding Insights of Porter and Sail
Porter and Sail has successfully raised a total of $1.23M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.23 million completed in May 2016. 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 Seed — $1.2M
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First Round
First Round
(26 May 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Seed - Porter and Sail | 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 Porter and Sail
Porter and Sail has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include LuxuryEscapes and Pontiac Land Group. 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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Develops integrated real estate, manages hotels, and offers property leasing services.
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Founded Year | Domain | Location | |
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Luxury travel ideas and exclusive offers are provided by LuxuryEscapes.
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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 Porter and Sail
Porter and Sail has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FutureKey and GuestDriven. 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 |
|---|---|---|---|---|---|
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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.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Discounted gift cards for future hotel stays are offered online.
|
2020 | ||||
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Mobile guest engagement platform for the hospitality industry
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2009 |
| 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 - Porter and Sail
| 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 |
Porter And Sail Comparisons
Competitors of Porter and Sail
| 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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Frequently Asked Questions about Porter and Sail
When was Porter and Sail founded?
Porter and Sail was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Porter and Sail located?
Porter and Sail is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Porter and Sail a funded company?
Porter and Sail is a funded company, having raised a total of $1.23M across 1 funding round to date. The company's 1st funding round was a Seed of $1.23M, raised on May 26, 2016.
What does Porter and Sail do?
Founded in 2014 and based in New York, United States, Porter and Sail operates in the hospitality technology sector. A mobile app is provided as a white-label digital concierge for partner hotels, accessible upon guest check-in. Curated local recommendations, reservations, travel planning, and hotel room booking functionalities are included. Guest services management is streamlined through these features for hotel partners.
How many acquisitions has Porter and Sail made?
Porter and Sail has made 2 acquisitions, including FutureKey, and GuestDriven.
Who are Porter and Sail's investors?
Porter and Sail has 2 investors. Key investors include LuxuryEscapes, and Pontiac Land Group.