Last deal

Amount

Seed

Stage

14.03.2000

Date

1

all rounds

date founded

Financing round

General

About Company
Lastminute.com is a successful travel corporation that offers a wide range of travel services.

Industry

Sector :

Subsector :

founded date

01.04.1998

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Founded in 1998 by Brent Hoberman and Martha Lane-Fox, lastminute.com has grown into a global business with 1981 employees. It went public in 2000 and used the funds raised to acquire several leading travel companies. In 2005, lastminute.com was purchased by Travelocity, a part of the Sabre family of travel companies. Sabre, now owned by venture capitalist Texas Silverlake Partnership, is a prominent travel technology company.
Contacts
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Etraveli

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M&A Details
1

Acquired by

Sabre Corporation

announced date

01.07.2005

price

$1.01B

Financials

Funding Rounds
1
1

Number of Funding Rounds

Their latest funding was raised on 14.03.2000. Their latest investor Upfront Ventures. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
14.03.2000
2
Co-Investors
Investors
2
0

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
Upfront Ventures

Upfront Ventures

Upfront Ventures is a venture capital firm that invests in startups and founders.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Santa Monica, CA, USA

count Of Investments

322

count Of Exists

70
Amadeus Capital Partners

Amadeus Capital Partners

Amadeus Capital Partners has raised $1bn+ and invested in 180+ companies globally since 1997.

Sector

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Subsector

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Keywords

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Location

Cambridge, UK

count Of Investments

226

count Of Exists

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Acquisitions
4
Acquiree Name 
Date 
Price 
Acquisition Name 
Hotelscan acquired by lastminute.com

Hotelscan acquired by lastminute.com

acquirer

lastminute.com
lastminute.com

date

08.11.2017

type

Acquisition
Hotelscan

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Hotelscan is a search engine that allows users to compare and book various types of accommodations.

Sector

Travel and Leisure

Subsector

Hotels and Motels

Keywords

Travel, Hotel, Hospitality

Location

Chiasso, Switzerland

total rounds

4

total raised

$7.7M
WAYN acquired by lastminute.com

WAYN acquired by lastminute.com

acquirer

lastminute.com
lastminute.com

date

01.09.2016

type

Acquisition
WAYN

WAYN

WAYN is a social network for travelers and lifestyle enthusiasts.

Sector

Travel and Leisure

Subsector

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Keywords

Travel, Leisure, Lifestyle

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Med Hotels acquired by lastminute.com

Med Hotels acquired by lastminute.com

acquirer

lastminute.com
lastminute.com

date

04.12.2003

type

Acquisition
Med Hotels

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Med Hotels Innovation is a provider of hotel consolidations, offering access to over 1500 resort-based properties.

Sector

Travel and Leisure

Subsector

Hotels and Motels

Keywords

Hotel, Hospitality, Travel

People

Founders
2
Martha Fox
Martha Fox

Martha Fox

Martha is the founder and executive chair of Doteveryone.org.uk. In April 2016 she was appointed as a non-executive director of Twitter. Martha became a crossbench peer in the UK House of Lords in March 2013. In March 2014 she was appointed Chancellor of the Open University. Martha co- founded and chairs LuckyVoice, revolutionising the karaoke industry. She is a non executive director of the Baileys Women’s Prize for Fiction, the Creative industries federation, the Scale Up Institute and the Open Data Institute. In 2007 Martha founded her own charitable foundation Antigone and also serves as a Patron of AbilityNet, Reprieve, Camfed and Just for Kids Law. In 2013 Martha was awarded a CBE. In 1998. Martha co-founded Europe’s largest travel and leisure website, lastminute.com with Brent Hoberman. They took it public in 2000 and sold it in 2005.

current job

Doteveryone
Doteveryone

organization founded

4

Martha Fox

Brent Hoberman
Brent Hoberman

Brent Hoberman

Brent Hoberman is chairman and co-founder of Founders Factory, an ambitious corporate backed incubator/accelerator based in London, and also of Founders Forum, a series of intimate annual global events for the leading entrepreneurs of today and the rising stars of tomorrow. Brent is a co-founder and was founding chairman of Smartup, Grip & made.com, a leading European direct-from-factory consumer homewares retailer. Most recently, Brent co-founded Firstminute Capital, a London-based pan-European seed fund, backed by some of the world's top entrepreneurs. Brent co-founded lastminute.comin April 1998, was CEO from its inception and sold it in 2005 to Sabre for $1.1bn. Technology businesses he has co-founded have raised over $500m. Brent sits on the Advisory board for LetterOne Technology (a $16bn investment fund), the Oxford Foundry and the UK Government Digital Advisory Board. He is a board member of The Economist, a YGL and one of the Prime Minister's Business Trade Ambassadors. Brent was awarded a CBE for services to entrepreneurship in the 2015 New Year's Honour's List.

current job

01 Founders
01 Founders

organization founded

10

Brent Hoberman

Employee Profiles
17
Guk Kim

Guk Kim

Chief Operating Officer

Luca Crugnola

Luca Crugnola

Consultant

Laura Amoretti

Laura Amoretti

Chief Customer Officer

Corrado Casto

Corrado Casto

Chief of Culture

Fabio P.

Fabio P.

Chief Metasearch Officer

Marco Corradino

Marco Corradino

COO

Cristian Ferriello

Cristian Ferriello

Chief People Officer

Denis Philipon

Denis Philipon

CEO France

Activity

Recent News
4
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month