TravelPerk is a business travel platform that helps companies book and manage corporate trips in one place. Employees can book trips, while real-time data, policy controls, and flexible reporting allow travel managers and finance teams to review spend and consolidate invoicing. Premium services like negotiated rates, advanced reporting, and FlexiPerk add value with refunds on cancellations, setting it apart from traditional travel agencies. The goal is to provide a centralized, flexible, and cost-efficient way to handle corporate travel, improving visibility and control over spend.
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Industries
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$866.3M
Headquarters
Barcelona, Spain
Founded
2015
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Total Funding
$866.3M
Above
Industry Average
Funded Over
12 Rounds
Industry standards
TravelPerk has appointed Nikita Miller chief product officer to drive product strategy and support North America expansion.
TravelPerk, a business travel management company based in Barcelona, raised $104 million in a funding round led by SoftBank’s Vision Fund 2, with participation from Kinnevik and Felix Capital. SoftBank contributed $70 million. This round increases TravelPerk’s valuation to $1.4 billion, up from $1.3 billion a year ago, and brings its total funding to over $500 million. The company reported a 70% YoY revenue growth and a 90% increase in gross profit in 2023.
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.
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Industries
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$866.3M
Headquarters
Barcelona, Spain
Founded
2015
Find jobs on Simplify and start your career today
We update TravelPerk's jobs every few hours, so check again soon!Browse all jobs