# Skyscanner

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skyscanner

- Industry: Internet
- Headquarters: London, UK
- Website: www.skyscanner.com
- Total disclosed funding: $5.1M
- Latest round: Series A (Oct 31, 2007)
- Investors on record: 1

## About

Skyscanner Ltd. is a prominent travel search engine that facilitates the comparison and booking of flights, hotels, and car rentals, optimizing the travel experience for users seeking best deals.Founded in 2003, Skyscanner Ltd. operates as a travel comparison platform, headquartered in London, UK. The company has undergone significant changes, notably being acquired by Ctrip/Qunar in November 2016 for GBP 1.4 billion. Gareth Williams, one of the founders, has a history of entrepreneurship, contributing to the company's innovative approach. Under the leadership of CEO Bryan Dove, Skyscanner has attracted a total of GBP 128.00 mn across several funding rounds, with the latest round being an Add-on Trade Sale that occurred on November 23, 2016, led by Ctrip/Qunar.Skyscanner offers a comprehensive platform primarily focused on comparing and booking flights, hotels, and car rentals. Its core product allows users to search for cheap flights from a wide array of airlines, providing options based on real traveler ratings and preferences. The platform also features tools such as 'Search Everywhere,' which enables users to explore cheap flights to various destinations without a specific location in mind, and the 'Cheapest Month' function, which identifies the most economical times to travel to a chosen destination. This service caters to a diverse clientele, including individual travelers, families, and groups planning trips, and serves markets including North America, Europe, Asia, and Australia, facilitating global travel.In 2023, Skyscanner reported a revenue of GBP 434,670,741.80, with an EBITDA amount of GBP 132,095,959.80 for the same year. The revenue model is primarily driven by affiliate partnerships and direct consumer bookings, receiving commissions on referrals made through its platform, which aggregates options and facilitates comparisons for users searching for flights and accommodations.Skyscanner's future growth strategy includes the development of new products aimed at enhancing user experience, alongside plans for market expansion into regions such as South America and Asia by 2025. The recent acquisition by Ctrip/Qunar is expected to provide the necessary capital to support these initiatives and bolster Skyscanner's competitive position in the evolving travel market.

## Funding rounds

- Series A, Oct 31, 2007, $5.1M — Scottish Equity Partners

## Investors

- Scottish Equity Partners (https://capitalatlas.ai/funds/scottish-equity-partners) — Series A