Plusgrade

company

About

The market leading provider of upgrade solutions, a key segment of the fast-growing ancillary revenue and merchandising sector

Details

Last Funding Type
Grant
Last Funding Money Raised
$5.20M
Industries
Aerospace,Leisure,SaaS,Software,Travel
Founded date
Jan 1, 2009
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Plusgrade LP

Plusgrade is the market leading provider of upgrade solutions, a key segment of the fast-growing ancillary revenue and merchandising sector in the global airline industry. The Company’s software solutions provide its global base of customers with meaningful incremental revenue and controls, allowing them to enhance and optimize revenue across classes of service. Plusgrade’s proprietary SaaS platform has received accolades from industry-wide participants and many distinguished media publications. Founded in 2009, Plusgrade has offices in Montreal, Canada and New York.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$5.20M $200M
Plusgrade has raised a total of $5.20M $200M in funding over 2 rounds. Their latest funding was raised on Nov 14, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 14, 2022 Grant $5.20M 1 SCALE AI Detail
Nov 28, 2018 Private Equity(PE) $200M 1 Caisse de Depot et Placement du Quebec Detail
Aug 15, 2015 Private Equity(PE) 1 TA Associates Detail

Investments

Number of Investments
Number of Lead Investments
1
1
Plusgrade has made 1 investments. Their most recent investment was on Apr 4, 2017, when Bizzabo raised $6.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Apr 4, 2017 Bizzabo
Series B $6.50M Event Management Yes

Investors

Number of Lead Investors
Number of Investors
3
3
Plusgrade is funded by 3 investors. SCALE AI and Caisse de Depot et Placement du Quebec are the most recent investors.
Investor Name Lead Investor Funding Round
SCALE AI Yes Grant
Caisse de Depot et Placement du Quebec Yes Private Equity(PE)
TA Associates Yes Private Equity(PE)

Employee Profiles

Number of Employee Profiles
7
Plusgrade has 7 current employee profiles, including Board member Jason S. Mironov
Board member
Executive
Board member
Board member

Acquisition

Plusgrade has acquired 1 organizations. Their most recent acquisition was Points on May 9, 2022. They acquired Points for $385M.

Date Company Name
Industry Acquisition Type Price
May 9, 2022 Points
Gift Card acquisition $ 385M Detail