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Hotel Engine Secures $140M Series C Growth Investment from Permira to Expand Travel Technology Platform

Sep 17, 2024over 1 year ago

Contract Type

partnership

DenverInformation TechnologyTravel And Tourism

Description

Denver-based Hotel Engine announced a $140M Series C growth investment led by Permira, a global private equity firm. The funding will support the company's ongoing product development, including the launch of flight and rental car bookings to its platform in October.

Company Information

Company

Hotel Engine

Location

720 S. COLORADO BOULEVARD

Denver, Colorado, United States

About

Hotel Engine, soon to be “Engine,” is radically simplifying business travel by providing software that saves companies time and money without the hassle of contracts, agent-assist fees or minimum spends. Its double-sided marketplace connects tens of thousands of active businesses to a robust network of more than 750,000 hotels, 300 airlines and 40 rental car companies to create a smarter and more rewarding business travel network.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.