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§ Private Profile · Denver, CO, USA
Corporate travel management platform for businesses to book and manage hotels, flights, and rental cars with single invoice billing.
Engine is a Denver, Colorado-based business-to-business travel management platform that enables corporate clients to efficiently book and manage hotels, flights, and rental cars. The company provides consolidated single-invoice billing and real-time spend visibility for a user base of over 900,000 corporate travelers. Operating as an intermediary within the broader hospitality sector, the software connects enterprise businesses to a network of more than 750,000 hotels across the United States. Engine reached a $2.1 billion valuation following its 2024 Series C funding round, drawing institutional investment from prominent financial backers including Telescope Partners, Blackstone, Elefund, and Permira. After tripling its revenue over a four-year period, the enterprise recently rebranded from Hotel Engine to reflect its strategic expansion into comprehensive corporate transit solutions. The travel technology company was founded in 2015 by chief executive officer Elia Wallen.
Engine has raised $221.0M across 3 funding rounds.
Engine has raised $221.0M in total across 3 funding rounds.
Engine has raised $221.0M across 3 funding rounds. Most recently, it raised $140.0M Series C in September 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 25, 2024 | $140M Series C | Permira | — | Announced |
| Dec 2, 2021 | $65M Series B | Telescope Partners | — | Announced |
| Sep 5, 2019 | $16M Series A | Telescope Partners | — | Announced |
Engine has raised $221.0M in total across 3 funding rounds.
Engine's investors include Permira, Telescope Partners.