Fundz

Expedia Group Raising New Capital

PUBLIC · EXPEApr 23, 2020

Round Type

Funding Round

SeattleSoftwareLeisureTravelTourism

Description

 Expedia Group, Inc. (NASDAQ: EXPE) announced today that it is raising approximately $3.2 billion of new capital, consisting of a $1.2 billion private placement of perpetual preferred stock and approximately $2 billion in new debt financing.  These efforts are part of a comprehensive strategy to enhance Expedia Group's financial flexibility and strengthen its liquidity position.  Investment funds managed by affiliates of Apollo Global Management, Inc. and Silver Lake, two of the world's leading alternative asset investors, are providing the equity investment.  David Sambur, Co-Lead Partner of Apollo's private equity business, and Greg Mondre, Co-CEO and Managing Partner of Silver Lake, will join the Expedia Group Board of Directors upon the closing of the fund raising transactions, which is expected on May 5, 2020.

Quick answer

Expedia Group raised an undisclosed amount in a Funding Round round, dated April 23, 2020. Expedia Group is based in Seattle, Washington, United States.

How much did Expedia Group raise?
Expedia Group raised an undisclosed amount in a Funding Round round on April 23, 2020.
What does Expedia Group do?
Expedia Group, Inc. (NASDAQ: EXPE) brands power travel for everyone, everywhere through our global platform.
Where is Expedia Group based and how big is it?
Expedia Group is based in Seattle, Washington, United States. Fundz records about 16,500 employees.
Who are the decision-makers at Expedia Group?
Fundz holds 4 contacts at Expedia Group, including the Senior Technical Recruiting Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Leisure and Travel around the same time

Companies in the same sectors as Expedia Group that raised within 45 days of this round, from Fundz verified event records.

  • FLYR, Inc. raised $12M on May 7, 2020.
  • NextTrip raised $1.5M (Seed) on April 17, 2020.
  • Burro raised $1.6M (Seed) on June 4, 2020.
  • AvidXchange raised $8M on June 4, 2020.
  • Divirod raised $1.6M on June 4, 2020.
  • Anvil raised $5M (Funding Round) on June 3, 2020.

Who to call at Expedia Group, and when

A new round usually means Expedia Group is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Expedia Group raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Expedia Group, from your own LinkedIn network

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Company Information

Company

Expedia Group

Location

1111 Expedia Group Way W.

Seattle, Washington, United States

About

Expedia Group, Inc. (NASDAQ: EXPE) brands power travel for everyone, everywhere through our global platform. Our organization is made up of three pillars: Expedia Brands, housing all our consumer brands; Expedia Product & Technology, focused on the group’s product and technical strategy and offerings; and Expedia for Business, consisting of business-to-business solutions and relationships throughout the travel ecosystem.

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Related People

4 contacts
Verified contactsNoel L., Senior Technical Recruiting Partner hidden hidden hiddenSee plans and pricing
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Expedia Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.