When was Engine founded?

Engine was founded in 2018 and became a unicorn in 2021, reaching the milestone in 3 years. It raised its 1st funding round 1 year after its incorporation.

Where is Engine located?

Engine is headquartered in Denver, United States. It is registered at 950 S. Cherry Street, Suite 1000 Denver, CO 80246.

Who is the current CEO of Engine?

Elia Wallen of Engine. They have also founded 1 company.

How many employees does Engine have?

As of Feb 28, 2026, the latest employee count at Engine is 1177.

Is Engine a funded company?

Engine is a funded company, having raised a total of $221M across 3 funding rounds to date. The company's 1st funding round was a $16M Series A round, raised on Oct 07, 2019.

How much is Engine worth?

The latest valuation of Engine is $2.1B as of Sep 17, 2024.

When was the latest funding round of Engine?

Engine's latest funding was a $140M Series C round on Sep 17, 2024, with participation from 1 investor.

Is Engine a Online Travel company?

The primary sector of Engine is Online Travel.

Where does Engine rank among its competitors?

Engine ranks 15th amongst 772 active competitors, of which 141 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Zaggle, which secured $1.65M in Dec, 2025.

Who are the top competitors of Engine?

Engine's top competitors include Brex, Ramp and Zaggle. Among them, Zaggle secured the most recent funding round in December, 2025.

Engine - 2026 Company Profile, Team, Funding & Competitors

Engine is a series C company based in Denver (United States), founded in 2018 by Elia Wallen. It operates as a Provider of business travel management platform. Engine has raised $221M in funding from Telescope Partners and Permira, with a current valuation of $2.1B. The company has 772 active competitors, including 141 funded and 125 that have exited. Its top competitors include companies like Brex, Ramp and Zaggle.

Sectors and market segments that Engine operate in

Engine serves in the Travel and Hospitality Tech market segments.The primary business model of Engine is:

Travel and Hospitality Tech > Online Travel > ***** **** > ***** ******

Company Details

Provider of business travel management platform. The platform simplifies business travel by offering centralized booking, management, and reporting tools. It offers discounted bookings for hotels, flights, and car rentals worldwide, with no membership fees, contracts, or minimum spend. The platform aims to reduce costs and streamline the travel process for businesses of all sizes. Travel policies can be easily implemented and managed within the system.

Website: engine.com
Social
Email ID: *****@engine.com
Phone Number: +1 **********
Registered Address: 950 S. Cherry Street, Suite 1000 Denver, CO 80246

Key Metrics

Founded Year

2018

Location

Denver, United States

Stage

Series C

Total Funding

$221M in 3 rounds

Latest Funding Round

Series C, Sep 17, 2024, $140M

Post Money Valuation

$2.1B as on Sep 17, 2024

Investors

Telescope Partners & 3 more

Ranked

15^th among 772 active competitors

Employee Count

1,177 as on Feb 28, 2026

Similar Companies

Perk & 332 more

View Engine's full profile

Engine is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HOTELENGINE, INC. CIN: 46-1376356 , United States, Active	Oct 02, 2012	-	592 (As on Dec 31, 2024)	-

Engine has raised a total funding of $221M over 3 rounds. Its first funding round was on Oct 07, 2019. Its latest funding round was a Series C round on Sep 17, 2024 for $140M. 1 investor participated in its latest round. Engine has 4 institutional investors.

Here is the list of recent funding rounds of Engine:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 17, 2024	$140M	Series C	-	-	Permira	-
Dec 02, 2021	$65M	Series B	$1.3B	-	Telescope Partners	Blackstone
Oct 07, 2019	$16M	Series A	$150M	-	Telescope Partners	-

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View details of Engine's funding rounds and investors

The founders of Engine is Elia Wallen. Elia Wallen is the CEO of Engine.

Here are the details of Engine's key team members:

Elia Wallen: Founder & CEO of Engine.
Contact Info: 1 email address

View details of Engine's Founder profiles and Board Members

Engine's employee count trend

Engine has 1,177 employees as of Feb 26. Here is Engine's employee count trend over the years:

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Top competitors of Engine include Brex, Ramp and Zaggle. Here is the list of Top 10 competitors of Engine, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brex 2017, Draper (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	Greenoaks, DST Global & 63 others	85/100
2nd	Ramp 2019, New York City (United States), Series E	Provider of a platform for spend management, corporate cards, and payables	$2.44B	Founders Fund, Coatue & 62 others	84/100
3rd	Zaggle 2011, Hyderabad (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Bengal Finance and Investment, Ventureast ... & 36 others	83/100
4th	Navan 2015, Palo Alto (United States), Public	Provider of a platform for business travel and expense management	$1.58B	Andreessen Horowitz, Greenoaks & 22 others	80/100
5th	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Coatue, Kinnevik & 15 others	80/100
6th	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	IVP, Redpoint Ventures & 7 others	75/100
7th	Fyle 2016, Newark (United States), Acquired	Provider of expense management software automating receipt tracking and reconciliation	$15.4M	Pravega Ventures, Tiger Global Management ... & 24 others	74/100
8th	Spendesk 2016, Paris (France), Series C	Provider of spend management platform automating expense claims and invoice processing	$304M	Index Ventures, Tiger Global Management & 22 others	74/100
9th	Perk 2012, Austin (United States), Series E	Provider of AI powered platform for managing business travel, expenses, and invoices	$715M	Felix Capital, Kinnevik & 30 others	74/100
10th	Emburse 2002, San Francisco (United States), Acquired	Provider of travel, expense, payment, invoice, and automation management solutions	$7.5M	FCVC, Bessemer Venture Partners & 27 others	72/100
15th	Engine 2018, Denver (United States), Series C	Provider of business travel management platform	$221M	Elefund, Permira & 2 others	68/100