Orbitz - About the company
Orbitz is an acquired company based in Chicago (United States), founded in 1999. It operates as an Online travel agency. Orbitz has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 1711 active competitors, including 96 funded and 107 that have exited. Its top competitors include companies like Ixigo, MakeMyTrip and Traveloka.
Company Details
Orbitz.com is a part of Orbitz Worldwide which operates other online travel sites: ebookers, CheapTickets and HotelClub. Orbitz lets users book online flight tickets, hotels, cars, activities, and cruises. It also offers Orbitz credits points which can be redeemed by frequent flyers. In Dec. 2003 the company went pubic and in Sept. 2004, it was acquired by Cendant Corporation for $1.25 billion, which rolled Oribitz into its online travel segment, named Travelport. Cedant then sold Travelport to private equity firm Blackstone Group in June 2006. Blackstone and Travelport spun off Orbitz to the public market in July 2007. In February 2015, Expedia announced that it would acquire Orbitz for $1.2 billion in cash.
- Website
- www.orbitz.com/
- Registered Address
- 500 W. MADISON STREET,CHICAGO,60661,IL
Key Metrics
Founded Year
1999
Location
Chicago, United States
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Feb 12, 2015
Ranked
50th among 1711 active competitors
Annual Revenue
$932M as on Dec 31, 2014
Employee Count
1 as on Jul 01, 2024
Investment & Acquisitions
Exit Details
Acquired by Expedia (Feb 12, 2015)
Legal entities associated with Orbitz
Orbitz is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Orbitz Worldwide, Inc. CIN: 1394159 , United States, Active | $932M (As on Dec 31, 2014) | - | - |
Orbitz's acquisition details
Click here to take a look at Orbitz's acquisition in detail
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Orbitz's funding and investors
Orbitz has raised funding over 1 round. Orbitz has 2 institutional investors.
Here is the list of recent funding rounds of Orbitz:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 2013 | 6851727 | Conventional Debt | 8666131 | 8000091 | 7259684 | 5108128 |
View details of Orbitz's funding rounds and investors
Orbitz's founders and board of directors
Founder? Claim ProfileOrbitz's employee count trend
Orbitz has 1 employees as of Jul 24. Here is Orbitz's employee count trend over the years:
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Orbitz's Competitors and alternates
Top competitors of Orbitz include Ixigo, MakeMyTrip and Traveloka. Here is the list of Top 10 competitors of Orbitz, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform facilitating booking of flights, trains, buses, and hotels | $92M | 87/100 | ||
2nd | MakeMyTrip 2000, Gurugram (India), Public | Online travel platform offering booking services | $39M | 86/100 | |
3rd | Online retailer of worldwide flights, hotels, activities, and travel deals | $1.02B | 86/100 | ||
4th | Despegar 1999, Miami (United States), Acquired | App-based platform to book multiple travel services | $331M | 81/100 | |
5th | Online platform for booking global travel services | - | 81/100 | ||
6th | Booking.com 1996, Amsterdam (Netherlands), Acquired | App-based platform for booking multiple categories of accommodations | $2.42M | 79/100 | |
7th | Priceline 1997, Norwalk (United States), Public | AI-powered platform for booking multiple categories of travel services | $77.3M | 79/100 | |
8th | Online retailer of travel booking services for flights, hotels, and more | $250M | 79/100 | ||
9th | App-based platform to book multiple travel services | $87.5M | 78/100 | ||
10th | Eurostar 1994, London (United Kingdom), Series C | App-based multiple travel service booking platform | $130M | 78/100 | |
50th | Orbitz 1999, Chicago (United States), Acquired | Online travel agency | - | 58/100 |
Looking for more details on Orbitz's competitors? Click here to see the top ones
Orbitz's Investments and acquisitions
Orbitz has a total of 1 investment in Peek. Orbitz has not made any acquisitions as of now.News related to Orbitz
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Mondee Appoints Travel Luminary Jeff Clarke to Board of DirectorsGlobeNewswire•Sep 19, 2023•Mondee, Orbitz
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New Travel Management Company Solutions Travel Partners With SpotnanaBusiness Wire•Mar 08, 2023•Spotnana, Solutionstravel, Orbitz
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Expedia Group Appoints Julie Whalen as New Chief Financial OfficerBusiness Wire•Sep 15, 2022•Expedia, Williams-Sonoma, Travelocity, Orbitz and 1 other
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Vietnam Airlines confirms launch of Ho Chi Minh-San Francisco flightsBusiness Traveller•Nov 19, 2021•Vietnam Airlines, Orbitz
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Loyalty Tech Company, ISeatz, Appoints Technology Veteran As Chief Technology OfficerHotelnewsresource•Nov 21, 2019•Iseatz, Citi, Orbitz
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