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Hotel Engine Secures $140M Series C Growth Investment from Permira to Expand Travel Technology Platform
Sep 17, 2024•over 1 year ago
Contract Type
partnership
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.
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Agreement Insights
Based on industry dataStrategic 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