Full-Time
Updated on 2/20/2025
Business travel booking and management platform
Senior, Expert
No H1B Sponsorship
London, UK
This role requires in-office attendance 3 days a week.
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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, 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 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 provide a comprehensive solution that combines flexibility, control, and convenience in business travel management.
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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According to the Tech.eu database, European tech companies raised €6.6 billion throughout January 2025. In comparison to the same period in previous years, January 2025 experienced a notable decline of about 60 per cent compared to 2024, but an increase of roughly 40 per cent compared to 2023. Harry Haeck, Partner at Smartfin, commented on the January numbers within the European tech investment landscape in our January Tech.eu Pulse, a compact version of the monthly report:The new year began with a major shift in AI as China’s DeepSeek released its open-source R1 model, challenging well-funded AI giants. This marks a fundamental shift in AI economics, allowing European startups to develop competitive AI solutions at a fraction of previous costs. By reducing reliance on massive data centres and expensive model training, it lowers barriers to entry and presents a rare opportunity for Europe to regain ground in AI development, provided startups and investors act swiftly
The future of corporate finance is shifting from reactive to predictive, and that’s great news for B2B innovation. This rapid and ongoing shift toward advancements in digitization, real-time payments and next-generation tools such as artificial intelligence (AI)-powered forecasting is redefining how businesses manage core operational elements like liquidity and working capital. For chief financial officers (CFOs) and treasurers, the question is no longer if they should embrace innovation but how quickly they can implement solutions that enhance financial resilience. As uncertainty persists, tomorrow’s corporate giants won’t just be the ones with the biggest balance sheets — they’ll be the ones with the smartest financial infrastructure and operational toolkit
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.
Kinnevik's portfolio company Travel Perk has raised $200 million, with Kinnevik contributing $37 million. New investors include Atomico and EQT. The funds will support the acquisition of Swiss company Yokoy and expansion in the US, as well as tech and AI development. Travel Perk's valuation has increased by 40% to $2.7 billion. Kinnevik remains the largest shareholder after acquiring additional shares for $7.5 million. Kinnevik will release its annual report on February 4.
TravelPerk raised $200 million in an oversubscribed Series E round, increasing its valuation to $2.7 billion. The funding will support U.S. expansion and AI tech enhancements. TravelPerk acquired Swiss startup Yokoy to boost AI capabilities. The round was co-led by Atomico and EQT Growth, with participation from new and existing investors. TravelPerk has exceeded $2.5 billion in annual bookings and reached breakeven in EBITDA by the end of 2024.