Rocketmiles

Chicago, United States Founded: 2012 • Age: 14 yrs Acquired By Booking
Hotel bookings are linked to airline reward miles earnings.
Annual revenue - Latest available
Total funding $10.3M 2 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Rocketmiles

Rocketmiles is a company based in Chicago (United States) founded in 2012 was acquired by Booking in February 2015. Rocketmiles has raised $10.3 million across 2 funding rounds from investors including Booking, Atlas Venture and August Capital. Rocketmiles operates in a competitive market with competitors including The Guestbook, Max Travel, PointsHound, takeabed and Triphop, among others.

  • Headquarter Chicago, United States
  • Sectors
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Rocket Travel, Inc
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $8.3 M (USD), Series A

    Dec 11, 2013

  • Investors
    Booking

    & 5 more

  • Employee Count
    Not available
  • Acquired by
    Booking

    (Feb 19, 2015)

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Funding Insights of Rocketmiles

Rocketmiles has successfully raised a total of $10.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.3 million completed in December 2013. 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.

Investors in Rocketmiles

Rocketmiles has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Booking, Atlas Venture and August Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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Link Ventures is focused on investing in AI startups.
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Venture capital firm investing in life science and biotechnology sectors
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Investor details for Rocketmiles

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Investments & Acquisitions by Rocketmiles

Investments
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Investment portfolio details for Rocketmiles

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Financial Statements - Rocketmiles

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Detailed financials for Rocketmiles

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Rocketmiles Comparisons

Rocketmiles Primary company
Description
Hotel bookings are linked to airline reward miles earnings.
Location
Chicago, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Rocketmiles

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Competitors of Rocketmiles

Rocketmiles 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 The Guestbook, Max Travel, PointsHound, takeabed and Triphop, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Rewards-based bookings are enabled for independent and boutique hotels.
Locked Locked Locked
App-driven reward-based hotel booking platform
Locked Locked Locked
Online marketplace for reward-based hotel bookings for travelers
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An app providing a rewards-based platform for booking hotel rooms.
Locked Locked Locked
An app for rewards-based hotel room booking services.
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Detailed competitors of Rocketmiles

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Latest news on Rocketmiles

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Frequently Asked Questions about Rocketmiles

Rocketmiles was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Rocketmiles is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Rocketmiles is a funded company, having raised a total of $10.3M across 2 funding rounds to date.

Founded in 2012 and based in Chicago, United States, Rocketmiles operates in the travel sector as a marketplace for hotel reservations. Airline miles are purchased by the company and associated with stays at partner hotels, enabling customers to earn an average of 7,000 miles per booking. Hotel rooms are acquired at discounted rates and resold at standard aggregator prices, with a focus on selected properties.

Rocketmiles's top competitors include The Guestbook, Max Travel and PointsHound.

Rocketmiles has 6 investors. Key investors include Booking, Atlas Venture, August Capital, Link Ventures, and Chicago Ventures.

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