# TVLX Viagens e Turismo S/A.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tvlx-viagens-e-turismo-s-a

- Industry: Travel & Leisure
- Headquarters: Sao Paulo, Brazil
- Website: www.viajanet.com.br
- Total disclosed funding: $6.3M
- Latest round: Series E (Aug 27, 2020)
- Investors on record: 4

## About

TVLX Viagens e Turismo S/A. is a Brazilian online travel agency that specializes in offering flight bookings, hotel accommodations, and vacation packages, catering to both leisure and business travelers.Founded in 2009 and headquartered in Sao Paulo, Brazil, TVLX Viagens e Turismo S/A. operates as an online travel agency focused on providing a seamless booking experience for various travel-related services. In May 2022, the company was fully acquired by Despegar.com for approximately USD 15.5 mn, allowing Despegar.com to expand its brand presence in Brazil and leverage non-air inventory effectively. The founder's specific history is not detailed, nor are there reports of previous businesses being established by the founder.ViajaNet operates as a leading online travel agency in Brazil, primarily offering a range of travel-related services including flight bookings, hotel accommodations, and vacation packages. Their core product offerings focus on providing customers with access to promotional domestic and international airfares, enabling users to book flights directly through their website, mobile application, or through telemarketing services. The company caters to a diverse clientele that includes both leisure and business travelers, aiming to simplify the travel planning process and facilitate direct access to various airline options. ViajaNet serves markets beyond Brazil, extending its offerings to international travelers seeking flights from Brazil to various global destinations. The agency’s established presence within the online travel industry allows it to effectively address the needs of travelers looking for a user-friendly booking experience.In 2018, ViajaNet generated revenue of USD 26.27 mn, with an EBITDA of USD -1.97 mn. The company’s revenue model is structured around direct transactions related to the sale of travel products, including air tickets and vacation packages, primarily through B2C interactions on its online platform. Revenue is obtained through commissions from airlines and service providers, aligning pricing with competitive market rates and offering various promotional fares to attract consumers.Following the acquisition by Despegar.com on May 6, 2022, for approximately USD 15.5 mn, TVLX Viagens e Turismo S/A. aims to leverage this partnership to deploy its non-air inventory under a new brand, enhancing its customer base in Brazil. The acquisition will also bolster Despegar.com’s team and operational capabilities in the region, positioning the company for strategic growth in the Brazilian market.

## Funding rounds

- Series E, Aug 27, 2020, $6.3M — FJ Labs
- Series C, Jun 1, 2013 — General Catalyst Partners, Pinnacle Ventures, Redpoint eVentures

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series C
- Pinnacle Ventures (https://capitalatlas.ai/funds/pinnacle-ventures) — Series C
- Redpoint eVentures (https://capitalatlas.ai/funds/redpoint-eventures) — Series C
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series E