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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 1821 active competitors, including 97 funded and 124 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.
Social
X
Registered Address
500 W. MADISON STREET,CHICAGO,60661,IL
Key Metrics
Founded Year
1999
Location
Chicago, United States
Stage
Acquired
Last Known Valuation
$***** as on Feb 12, 2015
Investors
Ranked
Annual Revenue
$500M - $1B as on Dec 31, 2014
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Expedia (Feb 12, 2015)

Orbitz's acquisition details

Orbitz got acquired by Expedia on Feb 12, 2015 at an acquisition amount of $*****.
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
7781227
Conventional Debt
9414622
6071068
2198998
1874837
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ixigo
Ixigo
2006, Gurugram (India), Public
Online platform facilitating booking of flights, trains, buses, and hotels
$92M
88/100
2nd
Logo for MakeMyTrip
MakeMyTrip
2000, Gurugram (India), Public
Online travel platform offering booking services
$39M
86/100
3rd
Logo for Traveloka
Traveloka
2012, Singapore (Singapore), Series D
Online retailer of worldwide flights, hotels, activities, and travel deals
$1.02B
85/100
4th
Logo for Trip
Trip
1999, Singapore (Singapore), Public
Online platform for booking global travel services
-
81/100
5th
Logo for Despegar
Despegar
1999, Miami (United States), Acquired
App-based platform to book multiple travel services
$331M
81/100
6th
Logo for Priceline
Priceline
1997, Norwalk (United States), Public
AI-powered platform for booking multiple categories of travel services
$77.3M
80/100
7th
Logo for Yatra
Yatra
2006, Gurugram (India), Public
App-based platform to book multiple travel services
$87.5M
80/100
8th
Logo for Booking.com
Booking.com
1996, Amsterdam (Netherlands), Acquired
App-based platform for booking multiple categories of accommodations
$2.42M
79/100
9th
Logo for Goibibo
Goibibo
2007, Gurugram (India), Acquired
Online retailer of travel booking services for flights, hotels, and more
$250M
78/100
10th
Logo for Eurostar
Eurostar
1994, London (United Kingdom), Series C
App-based multiple travel service booking platform
$130M
77/100
42nd
Logo for Orbitz
Orbitz
1999, Chicago (United States), Acquired
Online travel agency
-
61/100
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Orbitz's Investments and acquisitions

Orbitz has a total of 1 investment in Peek. Orbitz has not made any acquisitions as of now.

Reports related to Orbitz

Here is the latest report on Orbitz's sector:

News related to Orbitz

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