Travel Technology Interactive Private Limited
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Travel Technology Interactive Private Limited - overview
Established
2001
Location
Paris, -, France
Primary Industry
Software
About
Travel Technology Interactive (TTI) focuses on delivering innovative technology solutions to the travel industry, enhancing operational efficiency and customer experiences across various platforms. Travel Technology Interactive, established in 2001 and headquartered in Paris, France, specializes in technology solutions for the travel sector. In December 2023, TTI transitioned to CitizenPlane brand after a strategic acquisition by CitizenPlane, obtaining a 97. 63% stake for EUR 17.
8 million. TTI was founded by a group of entrepreneurs with experience in the technology and travel sectors, aiming to improve travel management systems. The company has engaged in one major funding deal, most recently completing a deal in 2023. Travel Technology Interactive, now operating under the CitizenPlane brand, specializes in providing advanced technological solutions tailored for the travel industry.
Their core offerings include comprehensive software platforms designed to optimize travel management processes, enhance customer engagement, and facilitate seamless booking experiences. These products address various pain points faced by travel agencies, airlines, and other stakeholders by enabling efficient navigation of booking systems, customer data management, and personalized travel solutions. The company caters to a diverse clientele including travel agencies, corporate travel departments, and end consumers across global markets such as Europe, North America, and Asia-Pacific. Through innovative technology, TTI aims to streamline operations and improve user experiences, positioning itself as a vital partner in the travel ecosystem.
TTI's revenue model is primarily based on subscription services and partnerships with its clients in the travel sector. The company generates income through contractual agreements with travel agencies and corporate partners, providing them with access to its technology solutions on a subscription basis. This transaction structure allows clients to utilize TTI’s platforms for a recurring fee, which may vary based on the level of service and features included. Additionally, TTI may also engage in revenue-sharing arrangements, where a percentage of sales generated through its systems contributes to overall revenue.
The flagship offerings within their product lineup serve as critical tools for clients, reinforcing their commitment to enhancing user engagement and operational efficiency in travel-related transactions. Following the recent acquisition by CitizenPlane, TTI plans to integrate its Passenger Service System (Zenith®) into the CitizenPlane OS platform. This strategic move aims to enhance distribution and operational capabilities for mid-tier airlines. With the EUR 17.
8 million raised from the acquisition, TTI is positioned to expand its technological offerings and market reach. The company is focusing on extending its services in North America and Asia-Pacific by 2024, aiming to adapt its solutions to the unique challenges of these markets.
Current Investors
CitizenPlane
Primary Industry
Software
Sub Industries
Airlines & Air Travel, Aerospace, Analytics & Performance Software, Engineering Software
Website
www.ttinteractive.com/
Verticals
Big Data, Cloud Computing, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Travel Technology Interactive Private Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private | Completed | Travel Technology Interactive Private Limited | - |
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