Engine is a business travel technology platform led by CEO Elia Wallen that offers features such as consolidated invoices, coverage for incidentals, 24/7 customer support, whole-company trip insurance, and free travel-management software. The company operates a double-sided marketplace linking tens of thousands of active businesses to a network of more than 750,000 hotels, 300 airlines, and 40 rental car companies. Engine plans to expand its product by launching flight and rental car bookings on its platform. The company raised $140M in a Series C at a $2.1B valuation, strengthening its financial position for ongoing product development. Permira Growth Opportunities II led the round and Permira Principal Alex Melamud joined Engine’s board. Engine is headquartered in Denver, Colorado.

Total raised

$140M

Funding rounds

1

Latest round

Series C

Latest activity

Sep 2024