Summary
Insights
This section hypothesizes why Travelport can be a $10 billion dollar company in 10 years, in 10 lines or less.
The company recently acquired Deem, a corporate travel management platform, and upgraded over 85% of its agency customers to Travelport+. The new investment will enable further enhancements in Travelport+, including support for a wide range of carrier NDC offerings and the Content Curation Layer, a machine learning-powered search engine. Travelport's path to a $10 billion valuation is anchored in its strong position in the global travel technology sector. The company's focus on digital retailing and the modernization of travel sales, along with its extensive global presence, positions it to capitalize on the growing demand for sophisticated travel booking solutions. The continuous innovation in its platform, especially the integration of AI and machine learning, could further enhance its market position.
Total funding Amount
Fundraising History
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Jan 03 '24 Series D$570M
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Mar 31 '23 Series D$200K
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Jul 05 '20 Series D$500K
Investors
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Series D
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Series D
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Series D
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Series D