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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.
Social
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Email ID
*****@despegar.com
Key Metrics
Founded Year
1999
Location
Stage
Acquired
Total Funding
$331M in 7 rounds
Latest Funding Round
Last Known Valuation
$1.6B as on Jan 01, 2015
Ranked
Employee Count
5,158 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Prosus (Dec 23, 2024)

Despegar's acquisition details

Despegar got acquired by Prosus on Dec 23, 2024 at an acquisition amount of $*****.
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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:lockFilter this list
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
-
-
-
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Despegar's founders and board of directors

Founder? Claim Profile
The founders of Despegar are Roberto Souviron and Alejandro Tamer.
Here are the details of Despegar's key team 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:
Employee count trend for Despegar
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ixigo
Ixigo
2007, Gurugram (India), Public
Online platform providing booking services for flights trains and hotels
$92M
86/100
2nd
Logo for MakeMyTrip
MakeMyTrip
2000, Gurugram (India), Public
Provider of online booking services for flights hotels and travel
$39M
85/100
3rd
Logo for Traveloka
Traveloka
2012, Singapore (Singapore), Series D
Online retailer of worldwide flights, hotels, activities, and travel deals
$1.02B
84/100
4th
Logo for Despegar
Despegar
1999, Miami (United States), Acquired
App-based platform to book multiple travel services
$331M
81/100
5th
Logo for Priceline
Priceline
1997, Norwalk (United States), Public
AI-powered platform for booking multiple categories of travel services
$77.3M
80/100
6th
Logo for Yatra
Yatra
2006, Gurugram (India), Public
Provider of online travel booking services for flights and hotels
$87.5M
80/100
7th
Logo for Booking.com
Booking.com
1996, Amsterdam (Netherlands), Acquired
App-based platform for booking multiple categories of accommodations
$2.42M
79/100
8th
Logo for Goibibo
Goibibo
2007, Gurugram (India), Acquired
Online retailer of travel booking services for flights, hotels, and more
$250M
78/100
9th
Logo for Eurostar
Eurostar
1994, London (United Kingdom), Series C
App-based multiple travel service booking platform
$130M
77/100
10th
Logo for Trip
Trip
1999, Singapore (Singapore), Public
Online platform for booking global travel services
-
77/100
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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:lockFilter this list
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)
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Reports related to Despegar

Here is the latest report on Despegar's sector:

News related to Despegar

lockFilter this list
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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FAQs about Despegar

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