Search company, investor...
Lastminute company logo


Founded Year



Acq - P2P - II | Acquired

About Lastminute

Lastminute allows users to book last second travel deals for hotels and flights this weekend and beyond. Lastminute was, prior to its acquisition, a European online travel and leisure group which operated directly in fourteen European countries and participated in three international joint ventures, providing travel and leisure inspirations and solutions to customers. The business was based on the idea of matching supply and demand. offers consumers opportunities to acquire airline tickets, hotel rooms, holidays (both self packaged and third party packages), car hire, entertainment tickets, restaurant reservations and food delivery, specialty services, gifts and auctions. The company grew both organically and through acquisitions completing 14 acquisitions in 2002-2005 and owned operated online brands including,,,,,,,,, and sought to differentiate itself by packaging and delivering products and services, such as restaurant reservations, entertainment tickets and gifts, in convenient, novel and distinctive ways. was founded by Brent Hoberman and Martha Lane Fox in 1998. Brent Hoberman remains as CEO of the company which currently employs approximately 2,000 people throughout Europe. On July 20, 2005, Sabre Holdings Corporation (NYSE:TSG) announced the acquisition of plc ("lastminute") by Travelocity Europe Limited was completed. T The acquisition price for the shares in and the redemption price payable in respect of's bonds equated to an equity value of approximately GBP 577M (approximately $1,020M) and an enterprise value of approximately GBP 584M (approximately $1,034M), including gross debt of approximately GBP 79M (approximately $138M) and estimated cash at bank in hand of approximately GBP 72M (approximately $125M).

Headquarters Location

23-59 Staines Road


United Kingdom

Missing: Lastminute's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Lastminute's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Expert Collections containing Lastminute

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Lastminute is included in 1 Expert Collection, including Travel Technology (Travel Tech).


Travel Technology (Travel Tech)

2,242 items

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 Lastminute News

Lastminute com N : .com shows record revenues and solid profitability in 2023

May 17, 2023 shows record revenues and solid profitability in 2023 Amsterdam / Chiasso, 17 May 2023 - N.V. (""), the European travel tech leader in dynamic holiday packages, today releases its Q1 results 2023. Key news includes: Gross Travel Value (GTV) reached an all-time first quarter high of over €1 billion (€1,070 million), +57% vs Q1 2022 and higher than in Q1 2019. Bookings grew strongly and showed a 19% increase over the first quarter of 2022 while Revenues grew 39% vs Q1 2022 to €92.2 million. The results are driven by strong demand from customers and a higher share of Holiday Packages compared to Q1 2022 with related revenues increasing by 75% vs Q1 2022. Adjusted EBITDA amounted to €13.2 million (+39% vs Q1 2022), while IFRS EBITDA stood at €8.4 million (-18%), the latter impacted by higher cancellation costs and lower voucher misredemption vs Q1 2022. Also, Q1 2022 still included working hour reduction subsidies of €1.1 million. The Company again showed a solid cash position with Gross Cash amounting to €125.4 million and a Net Financial Position of €80.3 million. This includes the reverse of temporary negative impact of €24.7 million from the accounting treatment of the purchase of minority interests in Freesailors at year-end 2022, a transaction that was annulled on 29 March 2023. Net Equity as of the end of Q1 2023 amounted to €39.5 million and likewise included the above-mentioned reverse effect. Q1 2023 results +232% Thanks to its strong financial position, the Company paid back all outstanding amounts to the Swiss State Secretariat for Economic Affairs (SECO) at the beginning of May 2023, closing the administrative procedure. Luca Concone, CEO of commented: "We have grown significantly in Q1 2023, with a record quarter in terms of Gross Travel Value and Revenues. Furthermore, we have shown our strong focus on profitability with Adjusted EBITDA growing proportionally with the topline. The concerted efforts to hire IT developers in 2022 was instrumental in boosting our technology investment and improving product excellence with new strategic initiatives." Sergio Signoretti, CFO of added: "In Q1, we were able to convert the market recovery into profitable growth. Also, we have paid back all the outstanding amounts to SECO in full, which shows our strong cash position and resilience and concludes the administrative procedure." Moreover, the Board approved amendments to the Stock Appreciation Rights based incentive plan ("SAR") that was previously announced on 9 February, 10 May ("SAR1") and 4 August 2021 ("SAR2"). All vesting conditions remain the same, with the exception of accelerated vesting and - in the case of SAR 2 - the strike price has been changed to the average price of the shares 30 days before the granting. In order to preserve the incentive purpose of the plan, the Board decided to align the strike price with the current valuation level of the shares. The AGM, which was initially planned for 13th June 2023, will be held on 30th June 2023. The Board approved to propose to the AGM to reconfirm Luca Concone as CEO and to add Maria Teresa Rangheri, who currently acts as Non-Executive Director, as Executive Director of the Company. Upon approval by the AGM, Maria Teresa Rangheri will become Executive Corporate Officer, heading the areas of Corporate Communications, HR and Enterprise Risk Management, among others. Valentin Pitarque, a member of the Board of Directors, has decided to resign from his position as Non-Executive Director with immediate effect and will not stand for re-election at the upcoming AGM. The Board wishes to express its gratitude for Mr Pitarque's work and commitment since December 2022. The Board proposes Marco Forasassi Torresani, currently a partner at corporate finance firm Cassiopeia Partners Srl with ample experience in investment banking to be elected as Non- Executive Director. All other non-executive Board members have confirmed to stand for reelection. Financial calendar *** Notes Revenues refer to 'Core managerial revenues' which differ from IFRS revenues as they do not include cancellations related items as well as voucher misredemption and government subsidies. Adjusted EBITDA means operating profit / loss before depreciation and amortization, impairment, accounting effects related to restructuring expenses, Covid cancellations effects and other income, investments/incentive plans for directors and employees, and expense items which are considered by management to not be reflective of our ongoing operations. Adjusted EBITDA provides the reader a better view about the ongoing EBITDA generated by the Company. *** About is the European Travel-Tech leader in dynamic holiday packages. It operates a portfolio of well-known brands such as, Volagratis, Rumbo,, Bravofly, Jetcost and Hotelscan. Our mission is to lead the travel industry by leveraging technology to simplify, personalise, and enhance our customers' travel experience. We continuously invest in talented people who ensure our offering is closer to the needs of the customers and keep us at the cutting edge of technology evolution. We run our business in 17 languages and 40 countries, with more than 1,500 employees spread across our offices worldwide, developing our own products and services to power the entire traveler journey for millions of people. N.V. is a publicly-traded company listed under the ticker symbol LMN on SIX Swiss Exchange. Press contact

Lastminute Frequently Asked Questions (FAQ)

  • When was Lastminute founded?

    Lastminute was founded in 1998.

  • Where is Lastminute's headquarters?

    Lastminute's headquarters is located at 23-59 Staines Road, Hounslow.

  • What is Lastminute's latest funding round?

    Lastminute's latest funding round is Acq - P2P - II.

  • Who are the investors of Lastminute?

    Investors of Lastminute include group, Travelocity, Northzone, Amadeus Capital Partners, Spark Ventures and 3 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.