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 numerous airlines and hotels. It is engineered for travelers prioritizing value and convenience for both domestic and international journeys, enabling personalized search experiences aligned with individual travel styles and preferences.
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 with extensive experience in financing growth companies across various technology and service sectors. Their investment in Cheapflights suggests a focus on established platforms within the internet and travel industries.
What's next for Cheapflights?
The substantial enterprise-level funding secured by Cheapflights indicates a strategic phase focused on scaling operations and potentially enhancing its technological infrastructure or market reach. This capital infusion is likely to fuel further development of its comparison tools and expand its network of travel partners, solidifying its competitive edge in the online travel agency sector. Future growth may involve deeper integration of ancillary services or expansion into new geographic markets, leveraging its established brand recognition and user base.
See full Cheapflights company page