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Despegar

Despegar has raised $331 million across multiple funding events, beginning with an early Series B (2012) backed by Sequoia, followed by a large $270M Series C (2015) from Expedia to deepen LATAM inventory and integrations. Its most recent $200M post-IPO round (Aug 20, 2020) included Waha Capital and L Catterton to reinforce liquidity during market volatility. Founded in 1999, Despegar scaled into Latin America’s leading online travel agency, leveraging funding to build mobile platforms, expand supply partnerships, enhance localized payments, and strengthen multi-category travel services across the region.