StagePIPE | Alive
Last Raised$190.01M | 23 yrs ago
Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+40 points in the past 30 days
About Booking Holdings
Booking Holdings (NasdaqGS: BKNG) provides travel and restaurant online reservations and related services worldwide. The company operates Booking.com, which offers online accommodation reservations; Rentalcars.com, which provides online rental car reservation services; and Priceline, which offers online travel reservation services, including hotel, flight, and rental car reservation services for consumers, as well as vacation packages, cruises, and hotel distribution services. It also operates Agoda, which provides online accommodation reservation services as well as flight, ground transportation, and activity reservation services. It was founded in 1997 and is based in Norwalk, Connecticut.
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Research containing Booking Holdings
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Booking Holdings in 3 CB Insights research briefs, most recently on Mar 10, 2023.
Expert Collections containing Booking Holdings
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Booking Holdings is included in 2 Expert Collections, including Fortune 500 Investor list.
Fortune 500 Investor list
This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
Travel Technology (Travel Tech)
The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.
Latest Booking Holdings News
Mar 15, 2023
New York, New York, UNITED STATES NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- Cover Genius, the insurtech for embedded protection, today announced it has completed an asset acquisition agreement with US-based embedded warranty provider, Clyde Technologies. The assets acquired will assist Cover Genius’ continued expansion into the medium-sized e-commerce segment. The acquisition enhances the company’s mission to protect all the customers of the world’s largest digital companies and aligns with their growth strategy, which most recently included the successful acquisition and integration of Booking Protect, a provider of refund protection for live entertainment events, which is forecasted to grow 80% in 2023. “Data shows that adding protection within the checkout experience increases purchase conversion rates 8%‡, but 58% of customers were not offered warranties for their most recent purchase, a gap caused by traditional insurers who – beset by legacy systems – have been unable to meet the demands of small and medium-sized retailers,” said Angus McDonald, CEO and co-founder of Cover Genius. “With XCover already available at Amazon, eBay, Wayfair, Descartes ShipRush and many more, our global distribution platform has delivered outstanding growth for merchants with its AI-based pricing for any type of protection globally, and an NPS of +65‡. This strategic acquisition is a natural fit for Cover Genius in America.” Clyde’s merchant partners include household brands such as Skullcandy, Movado, Dyson, Shark Ninja, Rugs.com, Tuft and Needle, Lull Mattress and others. Cover Genius expects there to be no impact on servicing and sales for Clyde’s partners. Cover Genius Cover Genius is the insurtech for embedded protection. Through XCover , our global distribution platform for any insurance or other type of protection, we protect the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline and Booking.com, Intuit, Hopper , Ryanair , Turkish Airlines , Descartes ShipRush , Zip and SeatGeek. We’re also available at Amazon , Flipkart , eBay , Wayfair and SE Asia’s largest company, Shopee . Together with our partners, we co-create solutions to embed tailored, optimized protection that’s licensed or authorized in over 60 countries and all 50 US States. In addition, we provide customers with a seamless, end-to-end experience via XCover.com . XCover.com handles customers’ needs – from the initial sale through to administration and claims, resulting in an industry-leading post-claims NPS of +65. Its award-winning service design has shown to reduce support tickets by 7x.‡ ‡ The score includes any type of claim and claims outcome across our partner network except for those partners with less than 30 claims and those not assessed by Cover Genius. ‡Inquiry statistics are derived from an internal analysis of 1,355 random XCover support inquiries from December 2022, of which 1,258 (93%) had not activated their XCover account and 97 (7%) had. ‡Conversion statistics are from a wide-ranging digital retail study conducted by an XCover partner that measured XCover’s impact on core conversion rates using a randomized split test of +70,000 visits over 20 days.
Booking Holdings Frequently Asked Questions (FAQ)
When was Booking Holdings founded?
Booking Holdings was founded in 1997.
Where is Booking Holdings's headquarters?
Booking Holdings's headquarters is located at 800 Connecticut Avenue, Norwalk.
What is Booking Holdings's latest funding round?
Booking Holdings's latest funding round is PIPE.
How much did Booking Holdings raise?
Booking Holdings raised a total of $75.4M.
Who are the investors of Booking Holdings?
Investors of Booking Holdings include Cercano Management, Liberty Media Corporation, General Atlantic, TowerBrook Capital Partners, Soros Fund Management and 5 more.
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