Travelport

Atlanta, United States Founded: 1971 • Age: 55 yrs Acquired By Siris Capital
Blockchain and SaaS solutions are delivered for travel providers.
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About Travelport

Travelport is a company based in Atlanta (United States) founded in 1971 was acquired by Siris Capital in December 2018.. Travelport has completed 6 acquisitions, including Deem, Locomote and Sprice. Travelport offers products and services including Travelport+, Smartpoint Cloud, and AI-Powered Search. Travelport operates in a competitive market with competitors including Amadeus, Sabre, Mondee, RateGain and TravelJoy, among others.

  • Headquarter Atlanta, United States
  • Stage Public
  • Sectors
    Technology
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Aviation & Specialized Tech Systems
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $572.3 M (USD), Post-IPO

    Jan 03, 2024

  • Investors
    Blackstone

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Deem

    & 5 more

  • Acquired by
    Siris Capital

    & 1 more

    (Dec 10, 2018)

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Products & Services of Travelport

Travelport offers a comprehensive portfolio of products and services, including Travelport+, Smartpoint Cloud, and AI-Powered Search. 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.

Primary

Platform for modern travel retailing and booking services

Tool for efficient trip selling and servicing

Enhances travel searches with intelligent controls

People of Travelport
Headcount 1000-5000
Employee Profiles 330
Board Members and Advisors 2
Employee Profiles
People
Greg Webb
Board Director and Chief Executive Officer
People
Jason Clarke
Chief Strategy Officer (cso)
People
Thomas Zankel
Managing Director Travelport Austria
People
Margaret K Cassidy
Executive Vice President and General Counsel

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Board Members and Advisors
people
John Swainson
Executive Chairman
people
Jeff Clarke
Board Director

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Funding Insights of Travelport

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $572.3M
  • First Round

    (01 May 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2024 Amount Post-IPO - Travelport Valuation

investors

May, 2015 Amount Grant - Travelport 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 Travelport

Travelport has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Blackstone, Elliott Management and One Equity Partners. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Private equity investments are focused on technology and telecom firms.
Founded Year Domain Location
Venture capital is invested in global technology companies by TCV.
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 Travelport

Travelport has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Deem, Locomote and Sprice. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Booking platform for corporate travelers
2012
Meta-search engine for hotels and flights
2006
Provider of corporate travel management solutions
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Travelport

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Travelport Comparisons

Employees
+
Add Comparison
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Competitors of Travelport

Travelport 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 Amadeus, Sabre, Mondee, RateGain and TravelJoy, 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
SaaS-based operations management is provided for hospitality and aviation sectors.
domain founded_year HQ Location
Business management solutions are offered to travel service providers.
domain founded_year HQ Location
SaaS solutions are delivered for travel professionals' tech needs.
domain founded_year HQ Location
SaaS solutions for hospitality revenue and operations management are delivered.
domain founded_year HQ Location
Turnkey solutions and tools are offered for travel agencies.
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.

Latest news on Travelport

Frequently Asked Questions about Travelport

When was Travelport founded?

Travelport was founded in 1971 and raised its 1st funding round 44 years after it was founded.

Where is Travelport located?

Travelport is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

What does Travelport do?

Founded in 1971 and headquartered in Atlanta, United States, Travelport operates in the travel technology sector. Blockchain and SaaS-driven solutions are provided for distribution, technology, payments, IT, ticketing, and departure control services. A B2B travel marketplace, payment platform, and retailing platform are offered to support transactions. Airlines, online travel agencies, travel management companies, and the transport sector are served globally.

Who are the top competitors of Travelport?

Travelport's top competitors include Amadeus, Sabre and RateGain.

What products or services does Travelport offer?

Travelport offers Travelport+, Smartpoint Cloud, and AI-Powered Search.

How many acquisitions has Travelport made?

Travelport has made 6 acquisitions, including Deem, Locomote, and Sprice.

Who are Travelport's investors?

Travelport has 6 investors. Key investors include Blackstone, Elliott Management, One Equity Partners, European Union, and Siris Capital.

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