Sabre Corporation

company

About

Sabre Corporation is a software and technology company that retails, distributes, and fulfills personalized travels.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$555M
Industries
Business Intelligence,Information Technology,SaaS,Tourism,Travel
Founded date
Jan 1, 1960
Number Of Employee
5001 - 10000
Operating Status
Active
Stock Symbol
nasdaq:SABR
Legal Name
Sabre GLBL Inc.
Also Known As
Sovereign Holdings,Sabre Corporation

Founded in 1960, Sabre is a technology solutions provider to the global travel and tourism industry. It offers a broad range of technology solutions including, data-driven business intelligence, mobile, distribution and Software-as-a-Service solutions which are used by travel suppliers (airlines, hotels, car rental outlets, railways, cruise lines and tour operators) and travel buyers (travel agencies, travel management companies and corporate travel departments) to plan, market, sell, serve and operate their business.

In 2013, Sabre’s technology processed over $100 billion of estimated travel spending and more than 1.1 trillion system messages. Headquartered in Southlake, Texas, USA, Sabre has a presence in approximately 60 countries around the world. We serve our customers through cutting-edge technology developed in six facilities located across four continents. Sabre is privately owned by TPG and Silver Lake Partners.

The company operates three businesses: Sabre Airline Solutions, Sabre Hospitality Solutions and Sabre Travel Network.

The first passenger reservations system offered by Sabre, installed in 1960, marked a dramatic leap forward for the airline industry, automating one of its key business areas. In the following years, Sabre Airline Solutions® pioneered technological advances in areas such as revenue management, pricing, flight scheduling, cargo, flight operations and crew scheduling. Sabre helped invent electronic commerce for the travel industry, they hold claim to progressive solutions that defined — and continue to modernize — the travel and transportation marketplace.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$2.28B
Sabre Corporation has raised a total of $2.28B in funding over 2 rounds. Their latest funding was raised on Nov 21, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 21, 2022 Post-IPO Debt $555M Detail
Apr 17, 2020 Post-IPO Debt $1.10B 4 Detail
Apr 17, 2014 IPO $627.20M Detail

Investments

Number of Investments
Number of Lead Investments
4
0
Sabre Corporation has made 4 investments. Their most recent investment was on May 31, 2022, when American Express Global Corporate Travel Advisors raised $335M.
Date Company Name
Round Money Raised Industry Lead Investor
Post-IPO Equity $335M Customer Service
Apr 17, 2008 TripIt
Series B $5.10M Internet
Jun 12, 2000 Event Source
Series Unknown $19M Event Management
Feb 18, 2000 Encryptix
Series Unknown $35.50M Delivery

Investors

Number of Lead Investors
Number of Investors
4
Sabre Corporation is funded by 4 investors. BofA Securities and Goldman Sachs are the most recent investors.
Investor Name Lead Investor Funding Round
BofA Securities Post-IPO Debt
Goldman Sachs Post-IPO Debt
Morgan Stanley Post-IPO Debt
Perella Weinberg Partners Post-IPO Debt

Employee Profiles

Number of Employee Profiles
22
Sabre Corporation has 22 current employee profiles, including Executive Ashok Pinto
Executive
Employee
Executive
Employee

Exits

Sabre Corporation has had 2 exits. Sabre Corporation most notable exits include American Express Global Corporate Travel Advisors ,   TripIt

Date Company Name Exit Type Industry
May 31, 2022 American Express Global Corporate Travel Advisors IPO Customer Service Detail
Jan 13, 2011 TripIt M&A Internet Detail

Acquisition

Sabre Corporation has acquired 11 organizations. Their most recent acquisition was SynXis Corporation on Dec 10, 2004. They acquired SynXis Corporation for 0.

Date Company Name
Industry Acquisition Type Price
Information Technology acquisition Detail
Jul 1, 2005 lastminute.com
Internet $ 1B Detail
Feb 13, 2006 Trams
Customer Service acquisition Detail
Dec 19, 2008 EB2 International
E-Commerce Detail
Mar 29, 2010 Calidris
Aerospace acquisition Detail