Announces Investment in Plusgrade, Joining Existing Investor CDPQ

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Summary

With ancillary revenues and loyalty programs standing as some of the most important drivers of growth in the travel industry today, we believe Plusgrade is strongly positioned to continue capturing the market. Over 200 airline, hospitality, cruise, passenger rail, and financial services companies trust Plusgrade to create new, meaningful revenue streams through incredible customer experiences. General Atlantic has approximately $83 billion in assets under management inclusive of all products as of December 31, 2023, and more than 280 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Miami, Mumbai, Munich, San Francisco, S\xe3o Paulo, Shanghai, Singapore, Stamford and Tel Aviv. As a globalinvestment group managing funds for public pension and insurance plans, CDPQ works alongside its partners to build enterprises that drive performance and progress. For more information, visit cdpq.com, consult our LinkedIn or Instagram pages, or follow us on X.CDPQ is a registered trademark owned by Caisse de d\xe9p\xf4t et placement du Qu\xe9bec and licensed for use by its subsidiaries.

$ Funding

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Amount - Total raised
Date March 4, 2024 Announcement date
Investors La Caisse de dépôt et placement du Québec Lead investors
Company http://www.plusgrade.com Funded company

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