Tech Company Financing Transactions

Travelport Funding Round

On 3/31/2023, Travelport raised $200 million in funding from Elliott Management and Siris Capital.

Transaction Overview

Company Name
Announced On
3/31/2023
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors

Elliott Management (Lead Investor)

Siris Capital (Lead Investor)

Proceeds Purpose
The company intends to use the funds to continue executing against its growth strategy following a strong first quarter performance, including best-in-class tech achievements and the acquisition of Deem, a corporate travel management platform.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
300 Galleria Parkway
Atlanta, GA 30339
USA
Phone
Undisclosed
Email Address
Overview
We are on a mission to simplify the complex industry we have known and loved for decades. Where others add features, we invent new solutions. Where others are beholden to certain partners, we are unconflicted. While others wait for the future to happen, we race towards it.
Profile
Travelport LinkedIn Company Profile
Social Media
Travelport Company Twitter Account
Company News
Travelport News
Facebook
Travelport on Facebook
YouTube
Travelport on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Greg Webb
  Greg Webb LinkedIn Profile  Greg Webb Twitter Account  Greg Webb News  Greg Webb on Facebook
Chief Financial Officer
Nicholas Bray
  Nicholas Bray LinkedIn Profile  Nicholas Bray Twitter Account  Nicholas Bray News  Nicholas Bray on Facebook
Chief Operating Officer
John Elieson
  John Elieson LinkedIn Profile  John Elieson Twitter Account  John Elieson News  John Elieson on Facebook
Chief Technical Officer
Tom Kershaw
  Tom Kershaw LinkedIn Profile  Tom Kershaw Twitter Account  Tom Kershaw News  Tom Kershaw on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/30/2023: Quadra venture capital transaction
Next: 3/31/2023: Muverse venture capital transaction

 

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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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