Deem builds corporate travel management solutions that integrate booking, expense reconciliation, policy enforcement and supplier connectivity. The platform serves travel managers and procurement functions by providing configurable corporate catalogs, GDS and direct supplier connectivity, PNR management, and expense integration. Deem emphasizes user experience for employees while delivering compliance, cost optimization and analytics for finance teams. The company partners with travel suppliers and TMCs to offer tailored enterprise deployments, supporting multinational programs and specialized travel policy enforcement.
What Is Deem and What Does It Do?
Deem, founded in 2000 by Patrick Grady, is a San Francisco–based (United States) corporate travel-management company that provides booking APIs, managed travel technology and expense integration for enterprise clients. Deem employs 540 people and focuses on automating corporate travel workflows and supplier integrations.
Its offering includes corporate catalogs, PNR editing, policy enforcement, mobile booking, and expense reconciliation. Deem’s technology is designed to reduce travel costs, improve compliance, and provide procurement teams with analytics and configurability to run complex corporate travel programs efficiently.
How Much Funding Has Deem Raised?
1. Series F
- Amount Raised: $34M
- Date: April 21, 2016
- Lead Investors: PointGuard Ventures, Hony Capital, Enterprise partners
- Motivation: Product scale and global rollout.
2. Series F (earlier tranche)
- Amount Raised: $50M
- Date: June 16, 2014
- Lead Investors: PointGuard Ventures, Hony Capital
- Motivation: Expansion of enterprise features and supplier connectivity.
Total Funding Raised: $668 Million
Latest Funding Date: 2016 (Series F activity)
Key Investors
1. Enterprise Holdings
- Details: Major travel services company providing strategic partnership and distribution.
- Investment Focus Areas: Travel services, fleet & ground mobility, enterprise travel programs.
- Notable Investments / Assets: Enterprise Rent-A-Car network, strategic TMC partnerships.
2. PointGuard Ventures / Hony Capital
- Details: Growth investors supporting travel and technology scale-ups.
- Investment Focus Areas: Travel tech, enterprise software, services.
- Notable Investments: Travel-adjacent platforms, Chinese market expansion plays.
Where Is Deem’s Headquarters?
Deem is headquartered in San Francisco, United States, offering proximity to travel tech partners and enterprise customers.
What’s Next for Deem?
Deem will continue advancing enterprise booking UX, embedding expense workflows, and strengthening direct supplier integrations helping large programs reduce leakage and automate policy compliance.
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