Egencia
Latest round
- Series C
Last raised
- Jun 2003
Total raised
- $20M
Investors
- 4
About Egencia
Founded in 2000, Egencia LLC specializes in corporate travel management, offering travel booking and planning tools, expense management systems, and dedicated support services. The company is headquartered in Seattle, US. Grace Nevins is the founder, and the current CEO is Ahmed Khouly. Egencia was acquired by GBT Travel Services UK Limited in May 2021, with financial terms undisclosed. The acquisition aims to enhance Egencia's travel platform and expand its offerings.Egencia specializes in corporate travel management, providing comprehensive business travel services designed to streamline the travel experience. Their core offerings include travel booking and planning tools, expense management systems, and dedicated support services tailored to the needs of business travelers. These solutions address common challenges faced by organizations, such as managing travel budgets, ensuring employee safety, and optimizing travel itineraries.Egencia generates revenue through a combination of subscription-based models and transactional fees associated with its travel management services. Clients engage by subscribing to their platform, gaining access to booking tools and support, alongside transaction fees for each booking.Egencia's strategy includes the development of its business travel platform post-acquisition, aiming to expand offerings for customers and suppliers. The acquisition by GBT Travel Services seeks to enhance Egencia's capabilities, with a focus on launching new products and services to better serve the evolving needs of corporate clients. The company is also looking to strengthen its presence in various markets globally, although specific regions targeted for expansion have not been disclosed.
Who invested in Egencia
4 investors across 3 rounds
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Questions about Egencia
Who invested in Egencia?
Egencia has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Egencia raised?
Egencia has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Egencia last raise money?
Egencia's most recent round on record is a Series C, in Jun 2003.
What does Egencia do?
Founded in 2000, Egencia LLC specializes in corporate travel management, offering travel booking and planning tools, expense management systems, and dedicated support services.
Where is Egencia headquartered?
Egencia is headquartered in Seattle, US.
Which VCs invest in companies like Egencia?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Egencia's stage. Their profiles are linked below.
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