Full-Time
Updated on 9/11/2026
Unified travel, expense, and invoice platform
$72k/yr
Boston, MA, USA
Hybrid
Three days on-site per week required; candidates must live within commuting distance of a hub.
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Perk is a business platform that unifies travel booking, expense management, and invoice processing in one system. Employees can book flights, hotels, trains, and car rentals from a global inventory, while expenses are automatically captured and categorized and invoices are routed for approval with little manual work. Real-time policy enforcement uses role-based permissions and risk alerts to keep spending in check. The platform also includes physical and virtual corporate cards with embedded policy controls and dashboards for spend insights, plus 24/7 human support. Perk’s goal is to reduce hidden administrative work and give finance and operations teams better visibility and control over travel and spending. It differentiates itself with a single, integrated solution that covers travel, events, user policy controls, and broad tool integrations, helping organizations streamline operations, improve compliance, and reduce cost leakage while improving the traveler and spender experience.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1.2B
Headquarters
Barcelona, Spain
Founded
2015
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Paid Vacation
Paid Holidays
Parental Leave
Sabbical Leave
Remote Work Options
Gym Membership
Wellness Program
Mental Health Support
Company Equity
Birmingham-based travel and spend management platform Perk has secured a £25 million funding facility from NatWest to support expansion across the UK, Europe and the US. Founded in 2015 and formerly known as TravelPerk, the company operates from Alpha Tower in Birmingham with additional UK offices in London and Edinburgh. Perk serves more than 12,000 businesses through its AI-native platform, which automates expense categorisation, receipt matching, invoice processing and travel policy compliance. The company employs over 1,800 people globally and reported annualised revenues approaching $400 million, having grown 48% in 2025. The funding will provide working capital for international expansion and further investment in its platform and customer experience.
Birmingham tech firm Perk secures £25m funding to accelerate international growth. Birmingham-technology company Perk has secured a £25 million funding facility from NatWest to support its continued growth across the UK, Europe and the United States. 08 Sep 2026 AI-powered travel and spend management platform will use funding to support expansion across the UK, Europe and the United States Birmingham-technology company Perk has secured a £25 million funding facility from NatWest to support its continued growth across the UK, Europe and the United States. Founded in 2015, Perk has grown into a global provider of AI- travel, expense and spend management technology, helping more than 12,000 businesses manage corporate travel, invoices, expenses and company spending through a single integrated platform. The business now employs more than 1,800 people worldwide and has reported annualised revenues approaching $400 million. The funding will provide additional working capital to support the company's next phase of growth as it continues to expand its international footprint and invest in its technology-led offering. at Alpha Tower in Birmingham, Perk is part of a growing cluster of innovative technology businesses choosing the West Midlands as a base for growth. Its platform uses artificial intelligence to automate processes including expense categorisation, receipt matching, invoice processing and travel policy compliance, helping organisations reduce administration and improve visibility over spending. Perk has also integrated sustainability tools into its platform, providing customers with carbon emissions data, reporting capabilities and travel insights that support more informed decisions about the environmental impact of business travel. NatWest's funding comes as businesses increasingly invest in AI-enabled technology to improve productivity, automate manual processes and gain greater visibility over spending. Perk's platform brings together travel booking, expense management, invoice processing and spend controls in a single system, helping organisations simplify day-to-day operations while maintaining control as they grow. Ed Eden, SVP Strategic Finance at Perk, said: "Perk has experienced significant growth as businesses increasingly look for smarter ways to manage travel and spend. This funding gives NatWest Group additional flexibility to support its continued expansion across international markets and invest further in its platform and customer experience. "NatWest understands our ambitions and has worked with us to put in place a facility that supports our long-term growth plans." Richard Dowen, Relationship Director at NatWest, said: "Perk is an excellent example of the kind of innovative, high-growth business emerging from the West Midlands. The company has built a global customer base and continues to demonstrate strong ambition as it expands into new markets. "We're pleased to support the next stage of its growth journey and help the business capitalise on opportunities across the UK, Europe and the United States." As Perk continues to scale internationally, the funding will support the company's ambitions to grow its global presence while reinforcing Birmingham's reputation as a centre for innovation, technology and entrepreneurship. For further press information, please contact Jessica Barker, Corporate Affairs Manager at NatWest: [email protected] Notes to editors About NatWest NatWest is a UK-focused bank serving over 20 million customers, with businesses across retail, commercial and private banking markets. As a leading UK bank, NatWest Group work hard to enable its customers and their businesses to succeed. Today, its customers' businesses reach far and wide. New opportunities bring new challenges and its ability to access global markets benefits everyone. About Perk Perk (formerly TravelPerk) is an intelligent AI-native platform for travel and spend management, built to eliminate the hidden, manual tasks that drain productivity and morale - what Perk calls shadow work. By automating travel bookings, expenses, invoice processing and events, the platform gives teams back time to focus on real work, with real impact. Trusted by more than 12,000 companies worldwide - including On Running, Breitling and Fabletics - Perk is tackling the 7 hours of lost productivity per employee each week, a $1.7 trillion problem revealed in The Cost of Shadow Work report. Founded in 2015, the global company combines innovation, control, and simplicity to transform how businesses work today and in the future. Perk's mission is to power real work by removing the invisible tasks that slow teams down. Perk is a proud partner of the Audi Revolut F1(R) Team. The information contained in its press releases is intended solely for journalists and media and should not be used by consumers to make financial decisions. Terms and conditions apply to any products or services mentioned in its press releases.
Nikita Miller, Chief Product Officer at Perk (formerly TravelPerk), discusses the Barcelona-founded scaleup's transformation from a business travel platform into an AI-native travel and spend management ecosystem. The company recently secured a €300 million credit facility to support expansion into AI, product development, and US market growth. Miller explains that Perk aims to eliminate "shadow work" — repetitive administrative tasks like reconciling receipts and navigating corporate travel policies. The company has integrated acquired firms including Yokoy and is developing interconnected AI agents across travel, spend, invoices and events. Rather than reducing headcount, Miller argues AI creates new work requiring different skill sets, particularly in systems thinking. Perk is approaching US expansion through localisation, building local teams rather than simply extending its European operations.
Perk lets travellers apply and pay for visas and ETAs inside its booking flow. Perk adds visa and ETA applications with payment to its booking flow. See what the Sherpa partnership means for UK business travel budgets. Business travellers using Perk can now start an electronic visa or travel authorisation application and pay the fee without leaving the platform, a change that pulls one of the most tedious parts of international trip planning into the same checkout as the flight and hotel. The company said the new workflow means eVisa and ETA costs land in the total cost of the trip, giving finance teams visibility of a category of spend that has traditionally been paid personally and claimed back weeks later, if at all. For UK firms sending staff into markets with tightening entry rules, that matters as much as the time saved. The move builds on Entry Ready, which Perk launched earlier this year. That tool analyses a traveller's itinerary alongside stored passport profiles and flags visa requirements before a booking is confirmed, rather than after the ticket is paid for. The new capability closes the loop by letting the traveller act on that warning immediately. Why the timing is awkward for UK travellers. The launch arrives as the number of digital permissions UK passport holders need continues to climb. The EU's ETIAS scheme is due to start charging travellers, with the fee rising from €7 to €20 by late 2026, and inbound visitors to Britain face their own costs, with UK ETA fees set to rise again. Each new scheme adds an application, a fee and a failure point to trips that were previously a matter of turning up with a passport. Perk's research suggests the failure points are already biting. The company published findings from a Censuswide survey of 8,000 business travellers, conducted between 15 and 28 April, alongside the announcement. Just over 40 per cent of respondents said they had applied for a visa or ETA in the past 12 months. Around half of that group reported problems with the process. The 5-minute daily briefing for UK business travellers. Free. Unsubscribe any time. The consequences were not trivial. Forty-seven per cent said they had paid to expedite an application, and more than a third said a project was delayed because of visa or authorisation problems. For an SME running a small travel programme, an expedited application fee is an unbudgeted cost, and a delayed project is a client relationship under strain. How the Sherpa partnership works. The capability comes through a partnership with Sherpa, which uses AI and more than 350 government relationships to keep entry requirement data current. Perk said applications submitted through Sherpa are processed 20 per cent faster than those made directly through government portals. That figure is worth reading carefully. It refers to processing speed, not to approval, and it does not remove the standard advice to apply well ahead of departure. The UK's own scheme, for example, tells applicants to allow up to three working days for a decision even though most come through in minutes. Anyone booking a trip inside that window is still exposed. What travel managers should check. The practical questions for UK buyers are about coverage and control. Which destinations and nationalities are supported, given that a UK-based team may include passport holders from several countries. Whether the fee flows into the existing expense feed or arrives as a separate line. And whether the tool nudges travellers early enough to be useful, which is the difference between a helpful prompt and an expensive last-minute scramble. Firms that have not revisited their documentation rules recently should treat this as a prompt to do so. Travel managers have already been urged to update corporate travel policies as new EU border processes come into force, and entry permissions are now a standing item rather than an occasional one. Travellers can check the official requirements and costs for the UK scheme on the GOV.UK electronic travel authorisation pages, which also set out who needs an ETA. Ana is a senior reporter at Travelling for Business covering travel news and features.
Perk, formerly TravelPerk, has launched the first MCP (Model Context Protocol) connector integrating travel, spend, invoicing and events through a single AI platform. The connector allows the company's 12,000 customers to access their data through natural language via Claude, ChatGPT and other MCP-compatible assistants. The platform enables finance teams to query invoices, travellers to check bookings and expenses, and event managers to access programme details. Perk is the first in its category to provide AI access to travel invoices with line-item breakdowns and complete events programmes via MCP. A June survey of over 420 companies found nearly one in four have configured AI tools or connected them to other systems, with 64% reporting more positive views of AI in the past six months. Among those building agentic AI workflows, work travel is the top automation priority. Additional capabilities including travel booking and expense submission will launch this summer.