Decolar (operating under the Despegar brand across Latin America and the Decolar brand in Brazil) is the leading online travel agency in Latin America. Founded in 1999 in Buenos Aires, Argentina, the company offers flights, hotels, vacation packages, car rentals and other travel products across approximately 20 countries in the region. It is the most recognized travel brand in Latin America, with Decolar being the most recognized travel brand in Brazil. The company listed on the NYSE in 2017 under ticker DESP and was taken private by Prosus N.V. in a roughly US$1.7 billion all-cash deal that closed in May 2025.
Decolar has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
1999
Employees
1,001–5,000
Total Funding
$362.8M
9 rounds
Named Gonzalo García Estebarena (CTO) as new CEO, succeeding Damián Scokin effective March 31, 2026
Insider succession post-Prosus deal; low continuity risk
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $362.8M across 9 rounds
Last updated 09-11-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Mar 10, 2015 | Strategic — Expedia | $270M | $1.7B *estimated | Expedia |
| Feb 6, 2015 | Shareholder Loan — Tiger Global | $25M | — | Tiger Global Management |
| Nov 8, 2013 | Shareholder Loan — Tiger Global | $15M | — | Tiger Global Management |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Secondary — Tiger Global
$110M
Jan 2007
Decolar today
$1.7B
Mar 2015 · latest mark
Decolar multiple
15.5x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
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