Mondee Announces $85 Million Preferred Equity Financing To Support Its Expansion Strategy
Amount Raised
$85 Million
Round Type
Venture
AustinLeisureTravelDescription
Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms and brands in the leisure and corporate travel sectors, today announced that it closed a private offering (the “Preferred Financing”) of $85 million of its Series A Preferred Stock (the “Preferred Stock”). Proceeds from the Preferred Financing will be used to fund Mondee’s M&A strategy, other growth opportunities and general corporate purposes.
Quick answer
Mondee Holdings raised $85 Million in a funding round, dated September 29, 2022. Mondee Holdings is based in Austin, Texas, United States.
- How much did Mondee Holdings raise?
- Mondee Holdings raised $85 Million in a funding round on September 29, 2022.
- What does Mondee Holdings do?
- Established in 2011, Mondee is a travel technology company and a modern travel marketplace with its headquarters based in Austin, Texas.
- Where is Mondee Holdings based and how big is it?
- Mondee Holdings is based in Austin, Texas, United States.
- Who are the decision-makers at Mondee Holdings?
- Fundz holds 1 contact at Mondee Holdings. 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 Mondee Holdings that raised within 45 days of this round, from Fundz verified event records.
- Volantio raised $6M (Series A) on September 29, 2022.
- StayVista raised $5.2M (Funding Round) on September 7, 2022.
- 57hours raised $2.3M (Seed) on August 23, 2022.
- Aero Technologies raised $65M (Funding Round) on August 18, 2022.
- Lodgify raised $30M (Series B) on November 4, 2022.
- Point.me raised $11M on November 4, 2022.
Who to call at Mondee Holdings, and when
A new round usually means Mondee Holdings is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mondee Holdings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mondee Holdings, from your own LinkedIn network
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Related People
Mondee Holdings 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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