About WestJet
WestJet is a company based in Calgary (Canada) founded in 1996 was acquired by Onex in May 2019.. WestJet has completed 2 acquisitions, including Sunwing Vacations and Sunwing Vacations. WestJet offers products and services including Flight Booking, WestJet Rewards, Baggage Management, and Seat Selection.
- Headquarter Calgary, Canada
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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
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Sunwing Vacations
& 1 more
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Acquired by
Onex
(May 12, 2019)
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Products & Services of WestJet
WestJet offers a comprehensive portfolio of products and services, including Flight Booking, WestJet Rewards, Baggage Management, and Seat Selection. 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 reserving and managing airline flights online.
System for earning and redeeming travel credits and benefits.
Tools for checking baggage allowances and prepaying fees.
Service for choosing and upgrading seats in advance.
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Software Development Team
147 people
Senior Team
57 people
Product Management Team
40 people
Operations Team
39 people
Leadership Team
37 people
Data Analysis and Operations Team
33 people
Sales and Marketing
29 people
Aircraft Team
23 people
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Funding Insights of WestJet
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Debt – Conventional - WestJet | Valuation |
investors |
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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 WestJet
WestJet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Onex. 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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Limited information is provided about Onex's activities.
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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 WestJet
WestJet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sunwing Vacations and Sunwing Vacations. 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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Tours and travel services are operated by Sunwing across Canada.
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2002 | ||||
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Vacation packages and travel services are provided to various destinations.
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2002 |
| 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 - WestJet
| 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 |
Westjet Comparisons
Competitors of WestJet
| 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 Westjet
Frequently Asked Questions about WestJet
When was WestJet founded?
WestJet was founded in 1996 and raised its 1st funding round 28 years after it was founded.
Where is WestJet located?
WestJet is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
What does WestJet do?
WestJet was established in 1996 and is headquartered in Calgary, Canada. Operations are conducted in the airline sector, where scheduled passenger flights are offered across domestic and select international routes. Services encompass flight reservations, in-flight amenities, and related travel support. The company maintains a fleet for efficient regional and transcontinental connectivity, with a focus on Canadian markets and North American destinations.
What products or services does WestJet offer?
WestJet offers Flight Booking, WestJet Rewards, Baggage Management, and Seat Selection.
How many acquisitions has WestJet made?
WestJet has made 2 acquisitions, including Sunwing Vacations, and Sunwing Vacations.
Who are WestJet's investors?
WestJet has 1 investor. Key investors include Onex.