About Travelsoft
Travelsoft is a company based in Paris (France) founded in 2000 by Christian Sabbagh.. Travelsoft has completed 4 acquisitions, including ATCORE Technology, Travel Connection Technology and TravelgateX. Travelsoft offers products and services including Reservation Platform and Distribution Platform. Travelsoft operates in a competitive market with competitors including Fareportal, Nezasa, Duffel, TravClan and Easol, among others.
- Headquarter Paris, France
- Founders Christian Sabbagh
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Sectors
Travel & Hospitality
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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
CAPZA
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
ATCORE Technology
& 3 more
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Products & Services of Travelsoft
Travelsoft offers a comprehensive portfolio of products and services, including Reservation Platform and Distribution Platform. 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 automating travel reservations and bookings.
System for connecting travel sources and optimizing prices.
Funding Insights of Travelsoft
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Private Equity Round - Travelsoft | Valuation |
investors |
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| Oct, 2023 | Amount | Unspecified - Travelsoft | Valuation | CAPZA |
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| 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 Travelsoft
Travelsoft has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CAPZA and Capital Croissance. 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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CAPZA is recognized as a European private investment platform.
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Founded Year | Domain | Location | |
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Capital Croissance is engaged in venture and growth capital investment.
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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 Travelsoft
Travelsoft has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ATCORE Technology, Travel Connection Technology and TravelgateX. 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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Software for multidestination B2B & B2C travel reservations
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2014 | ||||
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Web-based B2B network for hotel professionals is provided.
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2012 | ||||
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Cloud-based management solutions are delivered for the travel industry.
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2003 |
| 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 - 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 Fareportal, Nezasa, Duffel, TravClan and Easol, 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 |
Technology solutions are provided to online travel agencies.
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| domain | founded_year | HQ Location |
SaaS-based software for travel planning and itinerary management is provided.
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| domain | founded_year | HQ Location |
Travel services are planned, discovered, and booked via Duffel's platform.
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| domain | founded_year | HQ Location |
B2B platform for travel agents to buy flights hotels packages
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| domain | founded_year | HQ Location |
Easol is recognized as an all-in-one platform for experience creators.
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| domain | founded_year | HQ Location |
An online platform is provided for designing digital travel agencies.
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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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Latest news on Travelsoft
Frequently Asked Questions about Travelsoft
When was Travelsoft founded?
Travelsoft was founded in 2000 and raised its 1st funding round 23 years after it was founded.
Where is Travelsoft located?
Travelsoft is headquartered in Paris, France.
Who is the current CEO of Travelsoft?
Christian Sabbagh is the current CEO of Travelsoft. They have also founded this company.
What does Travelsoft do?
Travelsoft was established in 2000 in Paris, France, as a provider of SaaS-based management solutions tailored for travel agencies. Core operations center on the travel technology sector, where distribution solutions and tour management tools are integrated into the platform. Additional features support agency workflows, with the company headquartered in Europe to serve global clients in the tourism industry. Leadership is held by founder Christian Sabbagh as CEO.
Who are the top competitors of Travelsoft?
Travelsoft's top competitors include Duffel, Easol and Fareportal.
What products or services does Travelsoft offer?
Travelsoft offers Reservation Platform and Distribution Platform.
How many acquisitions has Travelsoft made?
Travelsoft has made 4 acquisitions, including ATCORE Technology, Travel Connection Technology, and TravelgateX.
Who are Travelsoft's investors?
Travelsoft has 2 investors. Key investors include CAPZA, and Capital Croissance.
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