weg.de

Munchen, Germany Founded: 2009 • Age: 17 yrs Acquired By Lastminute
Online travel agency for flights, hotels, cruises, city tours
Annual revenue $27.9M Latest available
Total funding - Funding intelligence
Employees 50 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About weg.de

weg.de is a company based in Munchen (Germany) founded in 2009 by Aleksandar Vucak was acquired by Lastminute in December 2017. The company has 50 employees as of December 31, 2021. weg.de operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.

  • Headquarter Munchen, Germany
  • Employees 50 as on 31 Dec, 2021
  • Founders Aleksandar Vucak
  • Sectors
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Comvel Gmbh
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $27.92 M (USD)
    104
    as on Dec 31, 2022
  • Net Profit
    $6.68 M (USD)
    56
    as on Dec 31, 2022
  • EBITDA
    $6.68 M (USD)
    56
    as on Dec 31, 2022
  • Latest Funding Round
    Not available
  • Investors
    Lastminute

    & 1 more

  • Employee Count
    50

    as on Dec 31, 2021

  • Acquired by
    Lastminute

    & 2 more

    (Dec 22, 2017)

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Funding Insights of weg.de

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Detailed funding history for weg.de

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Investors in weg.de

weg.de has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lastminute and ProSiebenSat.1 Media.

All
Institutional
Investor Description Founded Year Domain Location
Online platform offering to stream live TV
Locked Locked Locked
Last-minute bookings for travel and entertainment are facilitated online.
Locked Locked Locked
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Investor details for weg.de

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Investments & Acquisitions by weg.de

Investments
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Investment portfolio details for weg.de

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Financial Statements - weg.de

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Detailed financials for weg.de

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Weg.De Comparisons

weg.de Primary company
Description
Online travel agency for flights, hotels, cruises, city tour...
Location
Munchen, Germany
Founded Year
2009
Annual Revenue
$27.92 M (USD)
Net Profit
$6.68 M (USD)
EBITDA
$6.68 M (USD)
Employees
50
As of 2021
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Peer comparison for weg.de

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Competitors of weg.de

weg.de 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 Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Multiple travel services are booked via an app-based platform.
Locked Locked Locked
Travel services are booked via an AI-powered platform.
Locked Locked Locked
Multiple travel services are booked via an app-based platform.
Locked Locked Locked
Online bookings for flights, hotels, and travel packages are facilitated.
Locked Locked Locked
Last-minute bookings for travel and entertainment are facilitated online.
Locked Locked Locked
Online platform for booking multiple travel services
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Detailed competitors of weg.de

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Latest news on Weg.De

ProSiebenSat.1 sells stake in Weg.de
Telecompaper8 years ago
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Complete news archive for weg.de

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Frequently Asked Questions about weg.de

weg.de was founded in 2009.

weg.de is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

As of Dec 31, 2021, the latest employee count at weg.de is 50.

Annual revenue of weg.de is $27.92M as on Dec 31, 2022.

Weg.de was founded in 2009 in Munich, Germany, and operates as an online travel agency in the tourism sector. Flights, hotels, cruises, vacation rentals, city tours, rental cars, and related services are made available for discovery, comparison, and booking. Customizable all-inclusive holiday packages are offered, along with discounts for last-minute reservations, primarily through the domain weg.de.

weg.de's top competitors include MakeMyTrip, Ixigo and Despegar.

weg.de has 2 investors. Key investors include Lastminute, and ProSiebenSat.1 Media.

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