About Travelaer
Travelaer is a company based in Boulder (United States) founded in 2013 was acquired by PROS Holdings in August 2019.. Travelaer has raised $4.67 million across 1 funding round from investors including PROS Holdings, Entrepreneur Venture and Pléiade Venture. Travelaer offers products and services including Smart Configure Price Quote (CPQ), Smart Price Optimization & Management (POM), Revenue Management, and Dynamic Ancillary Pricing. Travelaer operates in a competitive market with competitors including ITA Software, JR Technologies, Routehappy, Paxport and GuestLogix, among others.
- Headquarter Boulder, United States
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Sectors
Technology
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.67 M (USD)
in 1 rounds
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Latest Funding Round
$4.67 M (USD), Series A
Mar 29, 2017
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Investors
PROS Holdings
& 2 more
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Employee Count
Employee Count
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Acquired by
PROS Holdings
(Aug 26, 2019)
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Products & Services of Travelaer
Travelaer offers a comprehensive portfolio of products and services, including Smart Configure Price Quote (CPQ), Smart Price Optimization & Management (POM), Revenue Management, and Dynamic Ancillary Pricing. 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.
Software for configuring and quoting prices in B2B sales.
AI for optimizing prices across sales channels.
Platform for boosting airline revenue through dynamic pricing.
System for setting optimal prices on airline add-ons.
Funding Insights of Travelaer
Travelaer has successfully raised a total of $4.67M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.67 million completed in March 2017. 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 Series A — $4.7M
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First Round
First Round
(29 Mar 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Series A - Travelaer | 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 Travelaer
Travelaer has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include PROS Holdings, Entrepreneur Venture and Pléiade Venture. 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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Founded Year | Domain | Location | |
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Innovative companies are supported through venture capital investments.
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Founded Year | Domain | Location | |
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Cloud-based CPQ and revenue optimization solutions are offered.
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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 Travelaer
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Travelaer
| 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 |
Travelaer Comparisons
Competitors of Travelaer
Travelaer 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 ITA Software, JR Technologies, Routehappy, Paxport and GuestLogix, 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 |
Software is developed for airline and travel sectors.
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| domain | founded_year | HQ Location |
New distribution capability solutions are provided for airline retailing.
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| domain | founded_year | HQ Location |
Flights are meta-searched using happiness factors for amenities.
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| domain | founded_year | HQ Location |
Business management solutions are provided for travel service providers.
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| domain | founded_year | HQ Location |
Provides retail technology and merchandising, payment, and BI solution
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| domain | founded_year | HQ Location |
AI and web-enabled flight ancillary distribution and pricing engine solution provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Travelaer
Frequently Asked Questions about Travelaer
When was Travelaer founded?
Travelaer was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Travelaer located?
Travelaer is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is Travelaer a funded company?
Travelaer is a funded company, having raised a total of $4.67M across 1 funding round to date. The company's 1st funding round was a Series A of $4.67M, raised on Mar 29, 2017.
What does Travelaer do?
Travelaer was founded in 2013 in Boulder, United States, and operates in the travel technology sector. An e-commerce platform is provided to airlines, featuring a booking engine integrated with conversational commerce and customer care bots. Data, content, and pricing are retrieved from partner systems, aggregated, and presented to users. Selections of offerings are facilitated through simulated conversations, supporting sales and loyalty efforts for airline partners.
Who are the top competitors of Travelaer?
Travelaer's top competitors include ITA Software, TPConnects and Paxport.
What products or services does Travelaer offer?
Travelaer offers Smart Configure Price Quote (CPQ), Smart Price Optimization & Management (POM), Revenue Management, and Dynamic Ancillary Pricing.
Who are Travelaer's investors?
Travelaer has 3 investors. Key investors include PROS Holdings, Entrepreneur Venture, and Pléiade Venture.