About Travel Holdings
Travel Holdings is a company based in Altamonte Springs (United States) founded in 2004 was acquired by Hotelbeds Group in February 2017.. Travel Holdings has raised $25 million across 5 funding rounds from investors including Hotelbeds Group, Kayne Anderson Capital Advisors and Pharos Capital Group. The company has 297 employees as of December 31, 2022.
- Headquarter Altamonte Springs, United States
- Employees 297 as on 31 Dec, 2022
-
Sectors
Travel & Hospitality
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Travel Holdings, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$25 M (USD)
in 5 rounds
-
Latest Funding Round
$115 M (USD), Debt – Conventional
May 01, 2015
-
Investors
Hotelbeds Group
& 4 more
-
Employee Count
297
as on Dec 31, 2022
-
Acquired by
Hotelbeds Group
(Feb 07, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Travel Holdings
Travel Holdings has successfully raised a total of $25M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $115 million completed in May 2015. 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 5
- Last Round Debt – Conventional — $115.0M
-
First Round
First Round
(20 Dec 2004)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Debt – Conventional - Travel Holdings | Valuation |
investors |
|
| Nov, 2014 | Amount | Debt – Conventional - Travel Holdings | Valuation |
investors |
|
| Nov, 2014 | Amount | Debt – Conventional - Travel Holdings | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Travel Holdings
Travel Holdings has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Hotelbeds Group, Kayne Anderson Capital Advisors and Pharos Capital 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 |
|---|---|---|---|---|
|
Healthcare investments are made to improve patient outcomes.
|
Founded Year | Domain | Location | |
|
Investments are made by BEV Capital in US tech companies.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Travel Holdings
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Travel Holdings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Travel Holdings Comparisons
Competitors of Travel Holdings
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Travel Holdings
When was Travel Holdings founded?
Travel Holdings was founded in 2004.
Where is Travel Holdings located?
Travel Holdings is headquartered in Altamonte Springs, United States. It is registered at Altamonte Springs, Florida, United States.
Who is the current CEO of Travel Holdings?
Asi Ginio is the current CEO of Travel Holdings.
Is Travel Holdings a funded company?
Travel Holdings is a funded company, having raised a total of $25M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $23.67M, raised on Dec 20, 2004.
How many employees does Travel Holdings have?
As of Dec 31, 2022, the latest employee count at Travel Holdings is 297.
What does Travel Holdings do?
Travel Holdings was founded in 2004 in Altamonte Springs, United States, as a distributor in the travel sector. Direct access to travel service providers is facilitated for online travel agencies and traditional agents. Ownership of the lastminutetravel group of websites is maintained by the company. Acquisition by Hotelbeds took place in 2017, integrating its operations into a larger network.
Who are Travel Holdings's investors?
Travel Holdings has 5 investors. Key investors include Hotelbeds Group, Kayne Anderson Capital Advisors, Pharos Capital Group, BEV Capital, and Massey Burch Capital.