About Priceline
Priceline is a company based in Norwalk (United States) founded in 1997.. Priceline has raised $77.34 million across 3 funding rounds. The company has 356 employees as of April 02, 2024. Priceline has completed 1 acquisition, including Booking.com. Priceline operates in a competitive market with competitors including MakeMyTrip, Ixigo, Despegar, Traveloka and Lastminute, among others.
- Headquarter Norwalk, United States
- Employees 356 as on 02 Apr, 2024
- Stage Public
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Priceline.Com Technology India Llp
- Date of Incorporation 22 Mar, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$77.34 M (USD)
in 3 rounds
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Latest Funding Round
$55.35 M (USD), Series B
Dec 01, 1998
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Investors
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Employee Count
356
as on Apr 02, 2024
- Investments & Acquisitions
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Software Development Team
245 people
Product Management Team
77 people
Senior Team
63 people
Leadership Team
46 people
Data Analysis and Operations Team
27 people
Finance and Accounting
26 people
Operations Team
22 people
Market Team
17 people
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Funding Insights of Priceline
Priceline has successfully raised a total of $77.34M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $55.35 million completed in December 1998. 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 3
- Last Round Series B — $55.4M
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First Round
First Round
(01 Feb 1998)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 1998 | Amount | Series B - Priceline | Valuation |
investors |
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| Jul, 1998 | Amount | Series A - Priceline | Valuation |
investors |
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| Feb, 1998 | Amount | Unspecified - Priceline | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Priceline
Priceline has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Booking.com. 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.
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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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App-based platform for booking multiple categories of accommodations
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1996 |
| 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
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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 - Priceline
| 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 |
Priceline Comparisons
Competitors of Priceline
Priceline 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 MakeMyTrip, Ixigo, Despegar, Traveloka 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 |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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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 |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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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 Priceline
Frequently Asked Questions about Priceline
When was Priceline founded?
Priceline was founded in 1997 and raised its 1st funding round 1 year after it was founded.
Where is Priceline located?
Priceline is headquartered in Norwalk, United States.
Who is the current CEO of Priceline?
Brett Keller is the current CEO of Priceline.
Is Priceline a funded company?
Priceline is a funded company, having raised a total of $77.34M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $1.99M, raised on Feb 01, 1998.
How many employees does Priceline have?
As of Apr 02, 2024, the latest employee count at Priceline is 356.
What does Priceline do?
Priceline was founded in 1997 and is headquartered in Norwalk, United States. Operations focus on the travel sector, where an AI-powered platform enables bookings for various services including accommodations, flights, and transportation. Users submit details such as locations, destinations, personal information, and payment methods to complete reservations. The service supports multiple categories of travel needs across global destinations.
Who are the top competitors of Priceline?
Priceline's top competitors include MakeMyTrip, Ixigo and Despegar.
How many acquisitions has Priceline made?
Priceline has made 1 acquisition, including Booking.com.
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