# Despegar.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/despegar-com

- Industry: Travel & Leisure
- Headquarters: Miami, US
- Website: www.despegar.com
- Total disclosed funding: $11M
- Latest round: Series A (May 25, 2000)
- Investors on record: 3

## About

Based in Buenos Aires, Argentina, and founded in 1999, Despegar.com, Corp. (Despegar.com and Despegar) operates as an online B2C travel company. Alejandro Tamer, Christian Vilate, Federico Fuchs, Mariano Fiori, Martin Rastellino, and Roberto Souviron are the co-founders of the company. Damian Scokin serves as the CEO of the company as of 2020. In 2020, Waha Capital invested USD 50 million in Despegar.com. Despegar is traded on the New York Stock Exchange under the ticker symbol DESP.

The company’s product offering comprises airline tickets, vacation packages, hotels, and other travel-related products, allowing customers to conveniently locate, compare, plan, and purchase travel products through its marketplace. The company offers a technology platform for managing product distribution as well as access to a network of travel suppliers for users. The company owns and operates two brands: Despegar, its global brand, and Decolar, its Brazilian brand.

## Funding rounds

- Series A, May 25, 2000, $11M — TPG, EMP Global, Hicks, Muse, Tate & Furst

## Investors

- TPG (https://capitalatlas.ai/funds/tpg) — Series A
- EMP Global (https://capitalatlas.ai/funds/emp-global) — Series A
- Hicks, Muse, Tate & Furst (https://capitalatlas.ai/funds/hicks-muse-tate-furst) — Series A