About Statesman Travel
Statesman Travel is a company based in London (United Kingdom) founded in 1975 was acquired by Travel and Transport in May 2017.. Statesman Travel has raised $6.72 million across 1 funding round from investors including Travel and Transport and BGF. Statesman Travel offers products and services including Corporate Travel Services and Meetings and Events.
- Headquarter London, United Kingdom
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Corporate Travel Management Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.72 M (USD)
in 1 rounds
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Latest Funding Round
$6.72 M (USD), Unspecified
Oct 19, 2011
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Investors
Travel and Transport
& 1 more
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Employee Count
Employee Count
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Acquired by
Travel and Transport
(May 11, 2017)
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Products & Services of Statesman Travel
Statesman Travel offers a comprehensive portfolio of products and services, including Corporate Travel Services and Meetings and Events. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Corporate travel services are provided to manage business trips, focusing on savings, efficiency, and safety for companies.
Meetings and events are organized to deliver strategic outcomes, attendee experiences, and budget optimization for businesses.
Funding Insights of Statesman Travel
Statesman Travel has successfully raised a total of $6.72M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $6.72 million completed in October 2011. 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 Unspecified — $6.7M
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First Round
First Round
(19 Oct 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2011 | Amount | Unspecified - Statesman Travel | 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 Statesman Travel
Statesman Travel has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Travel and Transport and BGF. 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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Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Founded Year | Domain | Location | |
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Corporate, leisure, and group travel management services are provided.
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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 Statesman Travel
| 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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Statesman Travel
| 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 |
Statesman Travel Comparisons
Competitors of Statesman Travel
| 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 Statesman Travel
When was Statesman Travel founded?
Statesman Travel was founded in 1975 and raised its 1st funding round 36 years after it was founded.
Where is Statesman Travel located?
Statesman Travel is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Statesman Travel a funded company?
Statesman Travel is a funded company, having raised a total of $6.72M across 1 funding round to date. The company's 1st funding round was a Unspecified of $6.72M, raised on Oct 19, 2011.
What does Statesman Travel do?
Statesman Travel was established in 1975 in London, United Kingdom, as a business travel agency. Corporate travel services are managed, encompassing arrangements for business trips, discounted business class fares, and travel advisory support. Operations focus on the travel sector, serving UK-based clients with comprehensive management solutions for professional journeys.
What products or services does Statesman Travel offer?
Statesman Travel offers Corporate Travel Services and Meetings and Events.
Who are Statesman Travel's investors?
Statesman Travel has 2 investors. Key investors include Travel and Transport, and BGF.