Deem, Inc. is a Silicon Valley-based company established in 1999, dedicated to revolutionizing business travel. Their mission, "On a mission to transform business travel," underscores their commitment to providing innovative solutions tailored to employees' travel needs while enabling companies to effectively manage policies and control costs. Deem's comprehensive platform empowers employees to make informed decisions on the go, boosting productivity and allowing them to focus on their core responsibilities. Additionally, their customizable travel program equips travel managers with the tools to effortlessly cater to the needs of their travelers worldwide. The company's offerings cater to the increasingly mobile nature of modern business, equipping employees with the tools to optimize their travel decisions from any location. Deem's emphasis on intuitive, secure, and powerful solutions reflects their focus on saving costs, facilitating seamless connections, and enhancing productivity. By aligning with Deem, businesses can elevate employee satisfaction and engagement through access to user-friendly, efficient tools for corporate travel booking software globally. In terms of infrastructure, Deem's technology seamlessly integrates with various travel management companies and expense providers through robust APIs and thoughtful design. As a result, both the company and its travelers can swiftly adapt to the platform, with travel agencies efficiently servicing their travelers. Furthermore, Deem's suite of user-friendly travel booking and management tools is favored by corporate customers and some of the world's largest travel management companies, reflecting the widespread adoption of their solutions internationally. The company's commitment extends beyond Silicon Valley, with offices in Bangalore, India, and Dublin, Ireland. This geographical diversity positions them to effectively serve a global client base, staying attuned to varied market needs and opportunities. Notably, Deem garnered a significant $34.00M Venture Round investment on 21 April 2016, with backing from Hony Capital and PointGuard Ventures. This substantial investment speaks to the confidence and support Deem has secured from prominent investors. In conclusion, Deem, Inc. stands out as a dynamic force in the Cloud Infrastructure and Transportation sectors. Their innovative approach to business travel management and the robust support from investors position them as a compelling player in the market, with vast potential for continued growth and impact on the global business travel landscape. Stay updated with the latest from Deem by signing up for their newsletter at https://programs.deem.com/preferencecenter.html.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $34.00M | 2 | 21 Apr 2016 | |
Private Equity Round | $50.00M | 2 | 23 Jul 2014 | |
Venture Round | $69.99M | 3 | 24 Sep 2013 | |
Debt Financing | $9.30M | 2 | 23 Jul 2013 | |
Venture Round | $12.50M | 1 | 01 May 2013 |
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