Despegar - About the company
Despegar is an acquired company based in Miami (United States), founded in 1999 by Roberto Souviron and Alejandro Tamer. It operates as an App-based platform to book multiple travel services. Despegar has raised $331M in funding from General Atlantic, with last known valuation of $1.6B. The company has 2276 active competitors, including 94 funded and 126 that have exited. Its top competitors include companies like Ixigo, MakeMyTrip and Traveloka.
Sectors and market segments that Despegar operate in
Despegar serves in the Travel and Hospitality Tech market segments.The primary business model of Despegar is:Company Details
Despegar is an app-based platform to book multiple travel services including flight tickets, car rentals, tour packages & more. It allows travelers to discover the services by providing the travel destination, dates & more. They can also create customized package tours. Bookings can be made via their platform or app by making an online payment. Their app is available for Android & iOS devices.
- Website
- despegar.com
- Email ID
- *****@despegar.com
Key Metrics
Founded Year
1999
Location
Miami, United States
Stage
Acquired
Total Funding
$331M in 7 rounds
Latest Funding Round
Last Known Valuation
$1.6B as on Jan 01, 2015
Investors
Ranked
4th among 2276 active competitors
Employee Count
5,158 as on Aug 31, 2026
Exit Details
Acquired by Prosus (Dec 23, 2024)
Legal entities associated with Despegar
Despegar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Despegar.com USA Inc CIN: 3228033 , United States, Active | May 11, 2000 | - | 4543 (As on Dec 31, 2022) | - |
Despegar's acquisition details
Click here to take a look at Despegar's acquisition in detail
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Despegar's funding and investors
Despegar has raised a total funding of $331M over 7 rounds. Its first funding round was on May 25, 2000. Its latest funding round was a Post IPO round on Aug 20, 2020 for $200M. 2 investors participated in its latest round. Despegar has 11 institutional investors.
Here is the list of recent funding rounds of Despegar:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 20, 2020 | $200M | Post IPO | - | - | - | |
Mar 10, 2015 | $270M | Series C | - | - | - | |
May 23, 2012 | Undisclosed | Series B | - | - | - |
View details of Despegar's funding rounds and investors
Despegar's founders and board of directors
Founder? Claim ProfileThe founders of Despegar are Roberto Souviron and Alejandro Tamer.
Here are the details of Despegar's key team members:
- Roberto Souviron: Former Co-Founder & CEO of Despegar and founder of 3 other companies, BFA Industries, Decolar.com and Despegar.
- Alejandro Tamer: Former Co-Founder of Despegar and founder of 1 other company. Contact Info: 1 email address
View details of Despegar's Founder profiles and Board Members
Despegar's employee count trend
Despegar has 5,158 employees as of Aug 26. Here is Despegar's employee count trend over the years:
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Despegar's Competitors and alternates
Top competitors of Despegar include Ixigo, MakeMyTrip and Traveloka. Here is the list of Top 10 competitors of Despegar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform providing booking services for flights trains and hotels | $92M | 86/100 | ||
2nd | MakeMyTrip 2000, Gurugram (India), Public | Provider of online booking services for flights hotels and travel | $39M | 85/100 | |
3rd | Online retailer of worldwide flights, hotels, activities, and travel deals | $1.02B | 84/100 | ||
4th | Despegar 1999, Miami (United States), Acquired | App-based platform to book multiple travel services | $331M | 81/100 | |
5th | Priceline 1997, Norwalk (United States), Public | AI-powered platform for booking multiple categories of travel services | $77.3M | 80/100 | |
6th | Provider of online travel booking services for flights and hotels | $87.5M | 80/100 | ||
7th | Booking.com 1996, Amsterdam (Netherlands), Acquired | App-based platform for booking multiple categories of accommodations | $2.42M | 79/100 | |
8th | Online retailer of travel booking services for flights, hotels, and more | $250M | 78/100 | ||
9th | Eurostar 1994, London (United Kingdom), Series C | App-based multiple travel service booking platform | $130M | 77/100 | |
10th | Online platform for booking global travel services | - | 77/100 |
Looking for more details on Despegar's competitors? Click here to see the top ones
Despegar's Investments and acquisitions
Despegar has not made any investments yet. Despegar has made 5 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 06, 2022 | Acquisition | 2009 | Sao Caetano do Sul (Brazil) | |
Aug 24, 2020 | Acquisition | 2014 | Sao Paulo (Brazil) | |
Jan 27, 2020 | Acquisition | 1984 | Cancun (Mexico) |
See all acquisitions by Despegar
Reports related to Despegar
Here is the latest report on Despegar's sector:
News related to Despegar
Media has covered Despegar for a total of 2 events in the last 1 year, 2 of them have been about partnerships.
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YPF and Despegar partner to boost domestic tourism in ArgentinaMobilityplaza•Oct 17, 2025•YPF, Despegar
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Despegar.com Stock Acquired by Balyasny Asset ManagementMarketBeat•May 16, 2025•Despegar, Balyasny Asset Management
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Alpine Global Management Acquires Stake in Despegar.comMarketBeat•Apr 24, 2025•Alpine Global, Despegar
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Gabelli Funds LLC Acquires Shares of 27,000 Despegar.com, Corp. (NYSE:DESP)MarketBeat•Apr 22, 2025•Despegar
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Quantbot Technologies LP Invests $935,000 in Despegar.com, Corp. (NYSE:DESP)MarketBeat•Mar 26, 2025•Despegar
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Channing Global Advisors Llc Makes New Investment In Despegar.com, Corp.MarketBeat•Feb 12, 2025•Despegar, Channingglobal
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Emeth Value Capital Llc Makes New Investment In Despegar.com, Corp.MarketBeat•Jan 31, 2025•Despegar, Emeth Value Capital
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Despegar and HBX Group Enter Into a Strategic PartnershipBusiness Wire•Jan 30, 2025•Despegar, HBX Group
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