What is Cheapflights?
Cheapflights operates as a comprehensive travel comparison platform, empowering users to discover cost-effective airline tickets, hotel accommodations, and car rentals. By aggregating offers from over 300 travel providers, the service facilitates side-by-side price and option comparisons from a multitude of airlines and hotels. This user-centric approach is designed for travelers prioritizing value and convenience, catering to both domestic and international travel needs. The platform's core function is to assist users in refining their search to align with their specific travel styles and preferences, ensuring a tailored booking experience.
How much funding has Cheapflights raised?
Cheapflights has raised a total of $128.5M across 1 funding round:
Private Equity
$128.5M
Private Equity (2014): $128.5M with participation from Great Hill Partners
Key Investors in Cheapflights
Great Hill Partners
Great Hill Partners is a Boston-based private equity firm that has raised over many billions in commitments since inception to finance the acquisition, recapitalisation, or expansion of growth companies in the communications, financial technology, healthcare, information services, internet, media, retail, consumer, and software industries.
What's next for Cheapflights?
The recent major strategic investment into Cheapflights signals a pivotal phase for the company, likely aimed at enhancing its technological infrastructure, expanding its market reach, or developing new service verticals. Given the enterprise-level nature of its total funding, Cheapflights is positioned for significant scaling and potential market consolidation. Future developments may include deeper integration with travel partners, advanced personalization features, and potentially exploring new geographic markets to further solidify its position as a leading value-driven travel aggregator.
See full Cheapflights company page
