+32%

est. 2Y upside i

Series C

Engine is the modern travel platform for booking and managing work trips. It saves businesses time and money through an intuitive travel network that connects to nearly every hotel, airline, and car rental company in the U.S. It offers single invoice billing, the flexibility to modify trips at any time without sunk costs, and a unified view of all company travel and spend.

Rank

#1358

Sector

Travel Technology

Est. Liquidity

~3Y

Data Quality

Data: Medium

Engine offers a strong risk-reward for job candidates.

Last updated: July 19, 2026

Bull (30%)+100%

If IPO window opens and growth sustains, exit multiple holds at 8.4x, yielding $4.4B exit, a 99.7% net upside after 10% dilution.

Base (35%)+40%

Multiple converges to public comps at 6x forward revenue, giving ~$3.1B exit and 39.8% net upside with moderate dilution.

Bear (35%)-35%

Multiple compresses to 3x due to competitive pressure from Navan and SAP Concur, resulting in $1.57B exit and -35.1% net return.

Est. time to liquidity~2.5 years

Preference Stack Risk

low

Funding Intensity

11%

Total funding $221M vs $2.1B valuation, so common stack has minimal preference overhang.

Dilution Risk

low

Company is profitable and raised $140M recently, so dilution from future rounds is limited.

Secondary Liquidity

none

No secondary trading activity reported for this private company.

Other — 35 roles

View all 35 open roles at Engine →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Engine's data — designed to show you've done your homework.

  • 1

    “How does Engine differentiate its hotel partnership strategy compared to Navan's approach?”

  • 2

    “What is the revenue breakdown between commissions and value-added services, and how does that impact margins?”

  • 3

    “Given the company's profitability, how does management prioritize growth vs. profitability in the next 2 years?”

Community

Valuation Sentiment

Our model estimates +32% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.