Deemrevenue, acquisition & funding
Other Collaboration Software301 Howard St, San Francisco, CaliforniaFounded 1999
Deem was acquired by Travelport.
Deem corporate travel booking software saves your travelers time booking, saves you money on air, hotel and ground - and helps you both get more done in less time, with more choice.
Deem revenue
Deem's annual revenue was $33.6M in August 2020, its last figure before Travelport bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $33.6M | – |
– source not recorded
Who owns Deem
Travelport owns Deem. The date and price of the deal are not on record.
Deem funding rounds & investors
Deem has raised $536.1M across 12 rounds since 2003. The latest was a $34M funding round in April 2016.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Apr 2016 | Venture | $34M | $1.4B |
| Jul 2014 | Private Equity | $50M | $1.6B |
| Sep 2013 | Venture | $70M | – |
| Jul 2013 | Debt Financing | $9.3M | – |
| May 2013 | Venture | $12.5M | – |
| Sep 2011 | Venture | $133M | $1.2B |
| Sep 2009 | Series F | $40M | – |
| Apr 2008 | Series E | $100M | – |
| Jul 2006 | Series D | $32.5M | – |
| Sep 2005 | Series C | $25M | – |
| Jun 2005 | Series B | $18.3M | – |
| Nov 2003 | Series A | $11.5M | – |
| Total raised | $536.1M |
Deem CEO, founders & employees
David Grace founded Deem in 1999 and led it as CEO. Deem had 373 employees (August 2020).
- David GraceFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Aug 2020 | 373 | – |
| Jan 2019 | 275 | – |
| Apr 2016 | 250 | – |
| Sep 2011 | 600 | – |
| Sep 2009 | 380 | – |
| Jul 2006 | 316 | – |
Deem FAQ
What was Deem's revenue?
Before Travelport bought it, Deem's annual revenue was $33.6M in August 2020 (source not recorded).
Who owns Deem?
Travelport owns Deem.
How much funding has Deem raised?
Deem raised $536.1M across 12 funding rounds before Travelport bought it. The last was a $34M funding round in April 2016.
How many employees does Deem have?
Deem had 373 employees in August 2020.
Who founded Deem?
David Grace founded Deem in 1999.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Apr 19, 2022Data disclaimerReport a correctionClaim this profileRun Deem? Join the podcast