# Despegar

**Source:** https://www.startuphub.ai/startups/despegar
**Profile type:** Startup

> Latin America's leading online travel agency for flights, hotels, and packages.

## About

Despegar is an online travel company founded in 1999, operating a comprehensive booking platform for flights, hotels, package tours, and other travel products across Latin America. It provides a one-stop marketplace for users to search, compare, and book travel offers via websites and mobile apps.

## Key facts

- **Slug:** despegar
- **Website:** https://www.despegar.com/
- **Location:** Buenos Aires, Argentina
- **Founded:** 1999-08-01
- **Operating status:** Active
- **Total funding:** $501M
- **Sectors / tags:** Travel Tech, E-commerce, Marketplace, Online Travel Agency

## Frequently asked

### What does Despegar do?

Despegar is an online travel company founded in 1999, operating a comprehensive booking platform for flights, hotels, package tours, and other travel products across Latin America. It provides a one-stop marketplace for users to search, compare, and book travel offers via websites and mobile apps.

### What is Despegar's revenue?

StartupHub estimates Despegar's annual revenue at $170.5M (range $92.2M to $444.5M, 30% confidence), based on comparable companies in the sector.

### What is Despegar's valuation?

StartupHub estimates Despegar's effective valuation at $2.0B (range $1.3B to $3.0B, 10% confidence), based on comparable companies in the sector.

### How much funding has Despegar raised?

Despegar has raised a total of $501M in funding. The most recent round on record is Post IPO.

### Where is Despegar headquartered?

Despegar is headquartered in Buenos Aires, Argentina.

### When was Despegar founded?

Despegar was founded in 1999.

### What industry does Despegar operate in?

Despegar operates in Travel Tech, E-commerce, Marketplace, Online Travel Agency.

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