Plusgrade Receives PE Investment from TA Associates
Summary
Plusgrade, a provider of revenue solutions to the travel industry, received a private equity investment from TA Associates.Founded in 2009 by Led by Ken Harris, CEO, Plusgrade allows airlines to manage and optimize revenue generated from seat upgrades and other premium services.Through a proprietary software-as-a-service platform, airlines can capture incremental, high margin revenue from unsold inventory and enhance the passenger travel experience.Plusgrade’s products are fully white labeled and integrated into existing airline reservation systems.The company serves more than 35 premier airlines globally via offices in Montreal, Canada and New York.
Funding
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Total raised
Date
August 18, 2015
Announcement date
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Lead investors
Company
http://www.plusgrade.com
Funded company
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