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Despegar logo — Bridging your travel dreams across continents with ease sinc...

Despegar

Bridging your travel dreams across continents with ease since 1999

Founded 1999 1001-5000 employees Post-IPO Equity Total: $552.50M Entertainment, Hospitality +1

General Information

Company Name Despegar
Founded Year 1999
Founders / Decision Makers
Team member Team member Team member
Employees 1001-5000
Industries Entertainment, Hospitality, Travel and Tourism
Funding Stage Post-IPO Equity
Social

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About Despegar

Despegar operates as an online travel agency catering mainly to the Portuguese and Spanish-speaking markets. It offers a platform for users to explore travel itineraries, check flight availability, and book reservations for flights, hotels, and car rentals. Additionally, it provides access to various travel services including airlines, car rentals, hotels, and vacation packages. Established in 1999, the company has its headquarters in Miami, Florida and operates across several countries including Argentina, Brazil, Chile, Colombia, Mexico, Uruguay, Venezuela, Spain, and the United States. It serves both leisure and corporate travelers, positioning itself in the Entertainment,Hospitality,Travel and Tourism industries. As of 20 August 2020, Despegar secured a notable $200.00MPost-IPO Equity investment from L Catterton and Waha Capital. The company's extensive reach across multiple markets and its ability to cater to different types of travelers make it an attractive investment opportunity. With its established presence and continuous growth in the travel industry, Despegar presents potential for substantial returns within the travel and tourism sector.

Business keywords: travel agency, online bookings, Portuguese market, Spanish-speaking market, leisure travel, corporate travel, digital travel, flight reservations, hotel reservations, car rental, data science, online travel platform, international travel

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $200.00M 2
L Catterton Waha Capital
L Catterton, Waha Capital
20 Aug 2020
Venture Round $270.00M 1
Expedia
11 Mar 2015
Venture Round $50.00M -
26 Aug 2013
Venture Round $21.00M 2
General Atlantic
General Atlantic, Sequoia Capital
21 Mar 2012
Venture Round Undisclosed -
01 Jul 2007
Series A $10.50M 3
HM Capital
HM Capital, Newbridge Andean Partners +1
25 May 2000
Seed Round $1.00M 1
Buenos Aires Capital Partners
31 Dec 1999

Latest News

View All
Prosus lanceert Large Commerce Model — Dutchitchannel.nl
Prosus lanceert Large Commerce Model
Dutchitchannel.nl Oct 13, 2025
Prosus ups the ante on AI agent deployment — Itweb.co.za
Prosus ups the ante on AI agent deployment
Itweb.co.za Aug 21, 2025
Tech investor Prosus bets on India to produce a $100 billion company — Cnbc
Tech investor Prosus bets on India to produce a $100 billion company
Cnbc Jun 23, 2025
Prosus and Despegar Complete Acquisition — Businesswire.com
Prosus and Despegar Complete Acquisition
Businesswire.com May 15, 2025
Prosus, online seyahat platformu Despegar'ı 1,7 milyar dolara satın alıyor — Webrazzi
Prosus, online seyahat platformu Despegar'ı 1,7 milyar dolara satın alıyor
Webrazzi Dec 24, 2024
Prosus, eigenaar van iFood, neemt Decolar over voor 1,7 miljard dollar — Tiinside.com.br
Prosus, eigenaar van iFood, neemt Decolar over voor 1,7 miljard dollar
Tiinside.com.br Dec 23, 2024

Despegar Alternatives & Competitors

View All Alternatives
Despegar vs
Viajo.com
Viajo.com

An online platform empowering users to book air tickets and more seamlessly since 1999.

Series C
11-50 employees
Entertainment, Internet
Despegar vs
Sprint Travel Viagens & Rent a Car Lda
Sprint Travel Viagens & Rent a Car Lda Portugal

A Sprint Travel & Rent a Car Lda é uma agência de viagens e Rent a Car 100% portuguesa que surge no...

7 employees
Entertainment, Real Estate
Despegar vs
VIAJES HALCON, S.A.
VIAJES HALCON, S.A. Spain

Sabemos de viajeros

1162 employees
Entertainment, Travel and Tourism
View all alternatives

FAQ About Despegar

Bridging your travel dreams across continents with ease since 1999
Despegar was founded in 1999.
Despegar operates in Entertainment, Hospitality and Travel and Tourism. Its work centres on travel agency, online bookings, Portuguese market and Spanish-speaking market.
Despegar has approximately 1001-5000 employees.
Despegar has completed 7 funding rounds, raising a total of $552.50M. The latest funding stage is Post-IPO Equity.
Top alternatives and competitors to Despegar include Viajo.com, Sprint Travel Viagens & Rent a Car Lda, VIAJES HALCON, S.A., Travellink, Yatra Online Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Despegar and Viajo.com are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Despegar, https://bouncewatch.com/company/despegar, updated 20 December 2024. When citing, please name BounceWatch and link this page.

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