About Travelsoft
Travelsoft is a company based in Paris (France). It operates as a SaaS (Software-as-a-Service), and Managed Services. Travelsoft has completed 3 acquisitions, including Eventiz, MBO Partners and Sepage. Travelsoft offers products and services including Reservation Platforms, Booking Systems, and Connectivity Solutions. Travelsoft operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
- Headquarter Paris, France
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Sectors
Travel & Hospitality
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Email
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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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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Eventiz
& 2 more
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Acquired by
(Jul 01, 2019)
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Products & Services of Travelsoft
Travelsoft offers a comprehensive portfolio of products and services, including Reservation Platforms, Booking Systems, and Connectivity Solutions. 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.
Platforms for travel reservations are developed and offered.
Booking systems for travel industry are created and managed.
Connectivity between travel sources is enabled and optimized.
Funding Insights of Travelsoft
| 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 |
Investments & Acquisitions by Travelsoft
Travelsoft has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Eventiz, MBO Partners and Sepage. 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 data marketing and analytics solutions are provided for travel.
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2013 | ||||
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Media group specializing in the tourism and business travel sectors, offering media and event services
|
2008 | ||||
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Independent workers and organizations are connected via technology platforms.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Travelsoft
| 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 |
Travelsoft Comparisons
Competitors of Travelsoft
Travelsoft 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, 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 |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Software development services are provided by Unicorn in Prague.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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| 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 Travelsoft
Where is Travelsoft located?
Travelsoft is headquartered in Paris, France.
What does Travelsoft do?
Travelsoft is focused on creating software platforms for the travel industry. Solutions are built to address core challenges such as automation, reservations, and connectivity to key content sources. Optimization of pricing, availability, and cost efficiency is prioritized, alongside data harnessing. Various markets worldwide are served with tailored solutions, ensuring flexibility and industry connectivity. The company operates through multiple subsidiaries like Atcore, Orchestra, and Travelgate, each contributing specialized platforms or services to enhance digital transformation for travel businesses.
Who are the top competitors of Travelsoft?
Travelsoft's top competitors include RedShelf, Unicorn and Hedgehog lab.
What products or services does Travelsoft offer?
Travelsoft offers Reservation Platforms, Booking Systems, and Connectivity Solutions.
How many acquisitions has Travelsoft made?
Travelsoft has made 3 acquisitions, including Eventiz, MBO Partners, and Sepage.