BizAway

BizAway

SaaS platform for corporate travel management

Overview

BizAway provides a centralized SaaS platform for managing business trips, giving companies access to a global travel inventory (airlines, trains, lodging) and tools for booking, policy enforcement, invoicing, and reporting. The product automates processes with approval workflows, multi-language and multi-currency support, and integrations with Google and Microsoft, plus features like travel risk management via a dynamic safety map and carbon offsets. It stands out from competitors with a large, diverse inventory, emphasis on policy compliance and safety, value-added services like BizzyFlex (flexible cancellations) and BizzyPay (card-based payments), and strategic acquisitions supported by strong funding and B Corp certification. BizAway aims to streamline corporate travel, reduce costs, improve traveler safety, and give clients full visibility and control over their trips.

About BizAway

Simplify's Rating
Why BizAway is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$66.4M

Headquarters

Spilimbergo, Italy

Founded

2015

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Simplify's Take

What believers are saying

  • Mayfair Equity Partners invested €35 million in September 2024, funding expansion.
  • BizAway reached 450+ employees, 8 offices, and 2,000+ companies by July 2026.
  • July 2026 acquisition of Uniglobe Alliance Travel strengthens Benelux presence and customer access.

What critics are saying

  • SAP Concur, TravelPerk, and Spotnana outgun BizAway on enterprise distribution.
  • Aervio integration in 2025 strains execution and distracts management during expansion.
  • If growth stalls, regional overlap and commoditized booking tools squeeze pricing and margins.

What makes BizAway unique

  • 2025 acquisition of Aervio adds AI travel planning and NLP capabilities.
  • BizzyPay and BizzyFlex unify booking, payment, and flexible cancellation inside one platform.
  • 2026 product updates deliver conditional approvals, direct flight changes, and integrated insurance.

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Funding

Total Funding

$66.4M

Above

Industry Average

Funded Over

6 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Company Equity

Hybrid Work Options

Flexible Work Hours

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

-1%
Tech.eu
Dec 12th, 2024
Europe’S Traveltech Ecosystem: Redefining The Travel Experience

Traveltech companies in Europe are transforming the way people travel, offering innovative solutions that enhance the entire travel experience. From booking and itinerary management to personalized recommendations and seamless transportation, these companies are leveraging cutting-edge technologies like artificial intelligence, machine learning, and data analytics to drive the future of travel. As we look ahead to 2025, we can expect further innovation in the sector. Advances in AI, automation, and seamless integration of services will provide even more personalized and frictionless travel experiences. Sustainable travel technology, such as carbon footprint tracking and eco-friendly options, will likely become a central focus. Here are ten traveltech companies that raised the most in the first three quarters of 2024

BizAway
Sep 16th, 2024
BizAway, with the support of Mayfair Equity Partners, leads the business travel revolution with a €35M investment

BizAway is thrilled to announce a €35 million investment from Mayfair Equity Partners (“Mayfair”), an investor specialized in the consumer and technology sectors with over £2 billion in assets under management. BizAway will partner with the Mayfair team to accelerate growth in existing markets and expand into new ones. Mayfair’s investment will also enable BizAway’s […]

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