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PSNGR1

psngr1.com

Founded Year

2015

Stage

Acquired | Acquired

Total Raised

$5M

About PSNGR1

PSNGR1 is an end-to-end corporate travel planning and management platform that aims to centralize data for businesses and enhance the customer experience for travelers. The company was founded in 2015 and is based in New York, New York. On August 8th, 2022, PSNGR1 was acquired by Snowfall. The terms of the transaction were not disclosed.

Headquarters Location

119 West 40th Street

New York, New York, 10018,

United States

559-377-6471

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Expert Collections containing PSNGR1

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

PSNGR1 is included in 1 Expert Collection, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

2,192 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 PSNGR1 News

Snowfall to acquire Psngr1 to boost North America presence

Aug 10, 2022

Share United Kingdom-based travel technology firm Snowfall isacquiring software platform Psngr1 , with plans to merge the technology withits own and boost its presence in North America, Snowfall CEO Stefan Cars tellsBTN. The acquisition, first reported by The Company Dime, is inthe late stages, with an official announcement coming soon, Cars says. Snowfallhas been building up its own online booking product and launched the Junction travel platform in late 2021. Get a dose of digital travel in your inbox each day Subscribe to our newsletter below Submit Cars says his team was “very impressed” with the Psngr1 business travel management tool, which was the People’s Choice winner atBTN’s Innovate conference in 2021. More recently, Psngr1 had run into a fundingshortfall that led it to notify travel management company partners thatit was pausing activity. Cars says Snowfall plans to retain most of the Psngr1 teamas the company works to “leverage the joint platforms.” Psngr1 has been “very good on focusing on [graphical userinterface] and user experience for corporate buyers, and that’s something thatwill leapfrog our own development,” Cars says. He also praises its TripBoardsfunctionality that lets groups collaborate and track costs of itineraries. Snowfall, meanwhile, will be able to bring more content intothe tool along with its own features focusing on passenger experience, Cars says.Snowfall has connected directly with several airports, for example, to givetravelers access to fast-track experiences. “We’ve focused a lot on the travel experience, withcompanion features during travel like automatic boarding passes and check-in,”he says. “We can put that on top of the Psngr1 tool, making the wholeend-to-end experience.” Cars says it is too early in the process to give a timelineon integration and decisions about branding are still in the works. Snowfall already has a global presence with more than 10global offices, including in the United States. The Psngr1 acquisition “obviouslydoes deepen our U.S. focus a bit” as it will in Canada, with much of Psngr1’steam based in Montreal, he says.

PSNGR1 Frequently Asked Questions (FAQ)

  • When was PSNGR1 founded?

    PSNGR1 was founded in 2015.

  • Where is PSNGR1's headquarters?

    PSNGR1's headquarters is located at 119 West 40th Street, New York.

  • What is PSNGR1's latest funding round?

    PSNGR1's latest funding round is Acquired.

  • How much did PSNGR1 raise?

    PSNGR1 raised a total of $5M.

  • Who are the investors of PSNGR1?

    Investors of PSNGR1 include Snowfall and Plug and Play Accelerator.

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