Plusgrade - About the company
Plusgrade is a series B company based in New York City (United States), founded in 2009 by Ken Harris. It operates as a Provider of ancillary revenue solutions and loyalty program enhancement technologies. Plusgrade has raised $151M in funding from General Atlantic, with a current valuation of $*****. The company has 174 active competitors, including 61 funded and 16 that have exited. Its top competitors include companies like RateGain, R1 RCM and FLYR.
Company Details
Provider of ancillary revenue solutions and loyalty program enhancement technologies. The company focuses on revenue generation and customer experience improvements for the travel industry. It offers solutions for premium upgrades, seat blocking, and speed passes. Additionally, it provides loyalty solutions designed to enhance program member engagement.
- Website
- www.plusgrade.com
- Social
- Email ID
- *****@plusgrade.com
- Phone Number
- +1 **********
- Registered Address
- New York, New York
Key Metrics
Founded Year
2009
Location
New York City, United States
Stage
Series B
Total Funding
$151M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 18, 2018
Investors
Ranked
8th among 174 active competitors
Employee Count
861 as on Apr 30, 2026
Legal entities associated with Plusgrade
Plusgrade is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PLUSGRADE LP CIN: 981027730 , United States, Active | Dec 31, 1999 | - | 26 (As on Dec 31, 2024) | - |
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Plusgrade's funding and investors
Plusgrade has raised a total funding of $151M over 4 rounds. Its first funding round was on Aug 2015. Its latest funding round was a Series B round on Mar 04, 2024 for $*****. 1 investor participated in its latest round. Plusgrade has 4 institutional investors.
Here is the list of recent funding rounds of Plusgrade:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2024 | 2325471 | Series B | 4006996 | 7707716 | 1857803 | 3460053 |
Sep 17, 2021 | 4959551 | Series B | 3739703 | 9796933 | 7324481 | |
Nov 28, 2018 | 4243418 | Series B | 6494928 | 5731343 | 4281083 |
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Plusgrade's founders and board of directors
Founder? Claim ProfileThe founders of Plusgrade is Ken Harris.
Here are the details of Plusgrade's key team members:
- Ken Harris: Founder & CEO of Plusgrade. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Plusgrade's Founder profiles and Board Members
Plusgrade's employee count trend
Plusgrade has 861 employees as of Apr 26. Here is Plusgrade's employee count trend over the years:
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Plusgrade's Competitors and alternates
Top competitors of Plusgrade include RateGain, R1 RCM and FLYR. Here is the list of Top 10 competitors of Plusgrade, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | RateGain 2004, London (United Kingdom), Public | AI-powered solutions for the travel and hospitality industry | $64.9M | 71/100 | |
2nd |  R1 RCM 2003, Chicago (United States), Acquired | Provider of AI-driven solutions for healthcare revenue cycle management and operations | - | 69/100 | |
3rd | FLYR 2013, San Francisco (United States), Series D | Developer of an AI-powered platform for travel and transportation industries | $392M | 69/100 | |
4th | Volantio 2008, Atlanta (United States), Series A | AI-enabled inventory optimization and e-commerce solutions for airlines | $9.35M | 64/100 | |
5th |  Adonis 2022, Manhattan (United States), Series C | Provider of revenue cycle management services for healthcare industry | $95M | 64/100 | |
6th |  Janus AI 2020, Chicago (United States), Series B | AI and SaaS-based revenue cycle management tool for healthcare providers | $64M | 61/100 | |
7th |  Infinx 2010, San Francisco (United States), Seed | Provider of platform for revenue cycle management | - | 61/100 | |
8th | Plusgrade 2009, New York City (United States), Series B | Provider of ancillary revenue solutions and loyalty program enhancement technologies | $151M | 60/100 | |
9th | Waystar 2000, Duluth (United States), Public | AI-powered healthcare revenue cycle management solutions for financial and operational success | - | 59/100 | |
10th | Cloud based ERP software and management solutions for businesses | $8.68M | 59/100 |
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Plusgrade's Investments and acquisitions
Plusgrade has acquired 3 companies including Oaky, UpStay and Points. Plusgrade has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 06, 2025 | Acquisition | 2013 | Amsterdam (Netherlands) | |
Feb 01, 2023 | Acquisition | 2018 | Tel Aviv (Israel) | |
May 09, 2022 | Acquisition | 2000 | Toronto (Canada) |
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Reports related to Plusgrade
Here is the latest report on Plusgrade's sector:
News related to Plusgrade
Filter this listMedia has covered Plusgrade for a total of 5 events in the last 1 year, 3 of them have been about partnerships and 1 about company updates.
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China Airlines Enhances Loyalty Program with PlusgradeTravel Daily Media•Feb 11, 2026•China Airlines, Plusgrade
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Plusgrade Acquires Oaky, Strengthening Hospitality Upselling LeadershipPR Newswire•Oct 06, 2025•Oaky, Plusgrade, Radisson Hotels, Accor and 1 other
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Finnair Launches Avios Subscription Service with Plusgrade for Predictable RewardsPR Newswire•Jul 03, 2025•Plusgrade, Finnair
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ALL Accor partners Plusgrade to enhances loyalty exchange for membersTtgasia•Jun 13, 2025•Accor, Plusgrade
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Plusgrade partners with ALL Accor to expand Loyalty Reward exchange for membersPR Newswire•Jun 11, 2025•Plusgrade, Accor
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Plusgrade, Capital One, and JetBlue Partner to Launch New Rewards Transfer ProgramPR Newswire•Feb 25, 2025•Plusgrade, Capital One, JetBlue
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