About TravelgateX
TravelgateX is a company based in Palma De Mallorca (Spain) founded in 2012 was acquired by Travelsoft in May 2024.. TravelgateX has completed 1 acquisition, including Quonversa. TravelgateX offers products and services including Travelgate Platform, APIs, and Marketplace Network. TravelgateX operates in a competitive market with competitors including TRADE Hospitality and LinkHospi, among others.
- Headquarter Palma De Mallorca, Spain
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Sectors
Media & EntertainmentTravel & Hospitality
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Email
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Social
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Annual Revenue
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Latest Funding Round
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- Investments & Acquisitions
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Acquired by
Travelsoft
(May 23, 2024)
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Products & Services of TravelgateX
TravelgateX offers a comprehensive portfolio of products and services, including Travelgate Platform, APIs, and Marketplace Network. 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.
Platform for managing travel inventory and buyer-seller connections
APIs for pushing and pulling travel content efficiently
Network for expanding travel business visibility and partnerships
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Funding Insights of TravelgateX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 TravelgateX
TravelgateX has secured backing from 1 investor. Prominent investors backing the company include Travelsoft. 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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SaaS-based management solutions are provided for travel agencies.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 TravelgateX
TravelgateX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Quonversa. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-enabled conversational chatbots for customer support are provided.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TravelgateX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Travelgatex Comparisons
Competitors of TravelgateX
TravelgateX 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 TRADE Hospitality and LinkHospi, 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 |
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An app-based marketplace connecting professionals in the hospitality community.
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Social network for luxury hotel managers to share data and connect globally.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Travelgatex
Frequently Asked Questions about TravelgateX
When was TravelgateX founded?
TravelgateX was founded in 2012.
Where is TravelgateX located?
TravelgateX is headquartered in Palma De Mallorca, Spain. It is registered at Palma De Mallorca, Balearic Islands, Spain.
What does TravelgateX do?
Founded in 2012 and based in Palma de Mallorca, Spain, TravelgateX operates within the travel sector as a provider of a web-based B2B market network targeted at hotel professionals. Connections for travel sourcing and distribution are facilitated through the platform. Hotel booking catalogs are aggregated to support expansions, while channel distribution and hotel contracts are managed across operations.
Who are the top competitors of TravelgateX?
TravelgateX's top competitors include TRADE Hospitality and LinkHospi.
What products or services does TravelgateX offer?
TravelgateX offers Travelgate Platform, APIs, and Marketplace Network.
How many acquisitions has TravelgateX made?
TravelgateX has made 1 acquisition, including Quonversa.
Who are TravelgateX's investors?
TravelgateX has 1 investor. Key investors include Travelsoft.