Hurb
 | |
| Company type | tourism |
|---|---|
| Founded | Rio de Janeiro Brazil (2011) |
| Founder | José Eduardo and João Ricardo Mendes |
| Headquarters | , |
Number of locations | 2 stores in the state of Rio de Janeiro |
Key people | José Eduardo e João Ricardo Mendes |
| R$ 500 million | |
| Owner | José Eduardo, João Ricardo Mendes, Insight Venture Partners and Tiger Global |
Number of employees | 600 |
| Website | hotelurbano.com.br |
Hotel Urbano is an online travel agency.[1][2][3][4][5] The firm was established by brothers João Ricardo Mendes and José Eduardo Mendes in 2011.[1] Its headquarters are based in the city of Rio de Janeiro.[6] According to business magazine Exame, Hotel Urbano is the largest website offering deals in hotel packages and flight tickets in Brazil[7]
Funding
The company received it third round of venture capital funding in August 2013. The $20 million investment was led by Insight Venture Partners. Insight Venture Partners invested in both of the company’s previous rounds of financing in 2011 as well as its second round in 2012.[8] Hotel Urbano's Series C round of funding makes it one of the most heavily funded travel startups in Brazil.[9] Tiger Global invested in Hotel Urbano in 2014.[10]
History
Brothers José Eduardo and João Ricardo Mendes as a startup in January 2011. The company claims 15 million registered users and 7.7 million Facebook fans. With the upcoming 2014 World Cup and 2016 Summer Olympics, the company projects over $200 million in revenue in 2013.[8] Hotel Urbano was appointed one of the one hundred most respected companies in Brazil by Merco and Brazilian Institute of Public Opinion and Statistics, and João Ricardo Mendes received Entrepreneur of the Year by Ernst & Young in 2014.[11][12]
References
- ^ a b "HotelUrbano.com". CrunchBase. Retrieved 30 July 2013.
- ^ "Rio bets it can become Brazil's Silicon Beach". Reuters. Retrieved 30 July 2013.
- ^ [1] [dead link]
- ^ "Programe sua viagem no magazineluiza.com ‹ Blog da Lu". Blogdalu.magazineluiza.com.br. 2012-11-26. Retrieved 2014-02-19.
- ^ "Turismo por Apenas um Clique" (PDF). Aedb.br. Retrieved 2014-02-19.
- ^ Verena Fornetti. "O Hotel Urbano é a Netshoes do turismo". Exame. Retrieved July 21, 2014.
- ^ "Hotel Urbano prevê faturar R$ 100 milhões com novo app". Exame. Retrieved July 21, 2014.
- ^ a b "Hotel Urbano raises $20M to ride Brazil's big online travel wave | VentureBeat | Deals | by Rebecca Grant". VentureBeat. 2013-08-08. Retrieved 2014-02-19.
- ^ "Travel Tech Heats Up in Brazil: Hotel Urbano Announces US$20 Million InvestmentPulsoSocial". Pulsosocial.com. 2013-08-09. Retrieved 2014-02-19.
- ^ Françoise Terzian. "EXCLUSIVO: Avaliado em mais de R$ 1 bilhão, Hotel Urbano deve atingir break even em 2014". Forbes Brazil. Retrieved July 21, 2014.
- ^ Luísa Melo. "Veja as 150 empresas mais respeitadas do país por setor". Exame. Retrieved June 21, 2014.
- ^ "Prêmio Empreendedor do Ano". Ernst & Young.