Full-Time
Posted on 2/3/2025
Business travel booking and management platform
Senior, Expert
London, UK
This role requires the candidate to be within commuting distance of the company's hubs and involves working in the office 3 days a week.
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 their travel experience. For travel managers, it provides tools to monitor travel data and manage expenses effectively, while financial controllers benefit from features like 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 often unpredictable nature of business travel. The company earns revenue through commissions on bookings and fees for premium services, such as access to negotiated rates and advanced reporting tools. Overall, TravelPerk aims to offer a convenient, flexible, and efficient solution for managing business travel.
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$711.4M
Headquarters
Montornès del Vallès, Spain
Founded
2015
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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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TravelPerk, a Barcelona-based business travel platform, secured a $200 million (€190 million) Series E funding round, reaffirming its unicorn status with a valuation nearing $2.7 billion (€2.57 billion). Led by Atomico and EQT Growth, the funds will accelerate U.S. market expansion post-2024 AmTray acquisition. TravelPerk also acquired Yokoy to enhance expense management solutions. The company reports over $2.5 billion in annual bookings and aims for EBITDA breakeven by end of 2024.