About Skyscanner
Skyscanner is a company based in Edinburgh (United Kingdom) founded in 2003 by Bonamy Grimes, John Mcallister Nicholson, Ray Nolan, Gareth Williams, and Bon Grimes was acquired by Ctrip in November 2016.. Skyscanner has raised $202.8 million across 4 funding rounds from investors including Ctrip, Yahoo Japan and Baillie Gifford. The company has 749 employees as of December 31, 2021. Skyscanner has completed 4 acquisitions, including Team Distinction, Twizoo and Youbibi.
- Headquarter Edinburgh, United Kingdom
- Employees 749 as on 31 Dec, 2021
- Founders Bonamy Grimes, John Mcallister Nicholson, Ray Nolan, Gareth Williams, Bon Grimes
- Stage Unicorn
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$156.85 M (USD)11as on Dec 31, 2021
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Net Profit
$-100.28 M (USD)14as on Dec 31, 2021
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EBITDA
$-126.04 M (USD)13as on Dec 31, 2021
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Total Equity Funding
$202.8 M (USD)
in 4 rounds
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Latest Funding Round
$192 M (USD), Series D
Jan 11, 2016
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Investors
Ctrip
& 8 more
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Employee Count
749
as on Dec 31, 2021
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Investments & Acquisitions
Team Distinction
& 3 more
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Acquired by
Ctrip
(Nov 23, 2016)
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Product Management Team
51 people
Software Development Team
50 people
Sales and Marketing
45 people
Data Analysis and Operations Team
23 people
Leadership Team
19 people
Senior Team
14 people
Finance and Accounting
13 people
Legal and Compliance
11 people
Unlock access to complete
Funding Insights of Skyscanner
Skyscanner has successfully raised a total of $202.8M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $192 million completed in January 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 4
- Last Round Series D — $192.0M
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First Round
First Round
(17 Jun 2005)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series D - Skyscanner | Valuation | Khazanah Nasional Berhad , Yahoo Japan |
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| Oct, 2013 | Amount | Series A - Skyscanner | Valuation | Sequoia Capital , Scottish Equity Partners |
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| Oct, 2007 | Amount | Series A - Skyscanner | Valuation | Scottish Equity Partners |
| 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 Skyscanner
Skyscanner has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Ctrip, Yahoo Japan and Baillie Gifford. 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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Growth equity investments are directed toward expanding startups across sectors.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech companies
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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
|
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 Skyscanner
Skyscanner has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Team Distinction, Twizoo and Youbibi. 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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Twitter buzz is analyzed to identify top restaurants and bars.
|
2014 | ||||
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Provider of software development services
|
2010 | ||||
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Travel tickets and lodging prices are compared online for booking.
|
2010 |
| 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 - Skyscanner
| 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 |
Skyscanner Comparisons
Competitors of Skyscanner
| 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 Skyscanner
Frequently Asked Questions about Skyscanner
When was Skyscanner founded?
Skyscanner was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Where is Skyscanner located?
Skyscanner is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Who is the current CEO of Skyscanner?
John Mangelaars is the current CEO of Skyscanner.
Is Skyscanner a funded company?
Skyscanner is a funded company, having raised a total of $202.8M across 4 funding rounds to date. The company's 1st funding round was a Series A of $9.1M, raised on Jun 17, 2005.
How many employees does Skyscanner have?
As of Dec 31, 2021, the latest employee count at Skyscanner is 749.
What is the annual revenue of Skyscanner?
Annual revenue of Skyscanner is $156.85M as on Dec 31, 2021.
What does Skyscanner do?
Founded in 2003 in Edinburgh, United Kingdom, the company operates as an online meta-search platform within the travel sector. Comparisons for flights, hotels, and car rentals are enabled through user inputs such as destinations, travel dates, and group sizes. Price lists and booking options are generated from aggregated data across multiple providers, supporting global users in planning trips.
How many acquisitions has Skyscanner made?
Skyscanner has made 4 acquisitions, including Team Distinction, Twizoo, and Youbibi.
Who are Skyscanner's investors?
Skyscanner has 9 investors. Key investors include Ctrip, Yahoo Japan, Baillie Gifford, Artemis Fund Managers, and Khazanah Nasional Berhad.
What is Skyscanner's valuation?
The valuation of Skyscanner is $1B as of Jan 2016.