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Industries
Data & Analytics
Enterprise Software
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$866.3M
Headquarters
Barcelona, Spain
Founded
2015
TravelPerk is a business travel platform designed to simplify the booking and management of corporate travel for companies of all sizes. The platform allows employees to book their own trips, which saves time and enhances satisfaction. Travel managers can use the platform to track travel data and manage costs effectively, while financial controllers benefit from consolidated invoicing and straightforward reporting. A key feature of TravelPerk is its flexibility, allowing users to cancel bookings at any time, which is particularly useful in the unpredictable nature of business travel. The company generates revenue through commissions on bookings and fees for premium services, such as access to negotiated rates and advanced reporting features. Overall, TravelPerk aims to provide a comprehensive solution that combines flexibility, control, and convenience in corporate travel management.
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Total Funding
$866.3M
Above
Industry Average
Funded Over
8 Rounds
Industry standards
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TravelPerk, the largest and fastest growing global travel management platform, announced it has raised $160 million in Series D equity and debt funding to fuel the next phase of its rapid global growth.
Here's our roundup of the people, product and partner news from the global travel industry this week.Hostaway AIVacation rental property management tech company Hostaway has launched Hostaway AI, a suite of artificial intelligence (AI)-powered tools for property managers. The tools include AI Review Sentiment Analysis and the Host Quality Dashboard, which provide real-time insights into guest feedback, team performance, and listing quality. These join existing features like AI Guest Replies, AI Dynamic Pricing and AI Task Management, helping property managers automate tasks, optimize pricing and improve service. According to the company, Hostaway AI delivers measurable results, including a 400% growth for clients and 60 minutes saved per reservation.Stay22's map buttonTravel tech specialist Stay22 has introduced a new map button to simplify booking for accommodations, events and travel experiences. The feature has significantly boosted user engagement, with a fourfold increase in clicks and a 50% higher conversion rate on mobile devices, the company said. The map button streamlines the booking process, making it easier for users to complete transactions with a single tap, especially on mobile
TravelPerk, a Barcelona-based business travel platform, marks its 10th anniversary with a bold rebrand, a $200 million funding round, and the acquisition of AI-powered expense platform Yokoy. The rebrand, developed with Wolff Olins, introduces vibrant colors like "Perk Green." The Series E funding, led by Atomico and EQT Growth, values TravelPerk at $2.7 billion. The investment will support US expansion and further AI development, aiming to integrate travel and expense management.
TravelPerk, a business travel management platform, raised $200 million in a Series E round led by Atomico and EQT Growth, boosting its valuation to $2.7 billion. The funding will accelerate its U.S. expansion. TravelPerk also acquired Swiss fintech Yokoy, known for its AI-driven expense management solutions. This acquisition strengthens their collaboration, aiming to enhance travel and expense management through AI. TravelPerk's annual bookings exceed $2.5 billion, with revenues over $200 million.
Here's our roundup of the people, product and partner news from the global travel industry this week.Editor's note: This roundup was created with the help of ChatGPT.Amex GBT names new senior leadership. American Express Global Business Travel (Amex GBT) has announced new senior leadership appointments in marketing and technology. Evan Konwiser is appointed chief product and strategy officer, overseeing product development, corporate strategy, communications and sustainability. Konwiser, who joined Amex GBT in 2020, has held several leadership roles. Alisa Copeman is named chief marketing officer, responsible for brand and marketing strategies. Copeman previously served as senior vice president of global marketing at Amex GBT and CMO at Barclays UK
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Industries
Data & Analytics
Enterprise Software
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$866.3M
Headquarters
Barcelona, Spain
Founded
2015
Birmingham, UK
Birmingham, UK + 1 more
Berlin, Germany
Find jobs on Simplify and start your career today
Sales & Account Management
42 Open Roles
Business & Strategy
18 Open Roles
Accounting
6 Open Roles
Growth & Marketing
6 Open Roles
Product
3 Open Roles
Operations & Logistics
3 Open Roles
Finance & Banking
1 Open Roles
Consulting
1 Open Roles
UI/UX & Design
4 Open Roles
Discover companies similar to TravelPerk