TravelPerk is a leading SaaS business travel platform founded in 2015 in Barcelona, Catalonia. It has positioned itself as a pioneer in the future of business travel, offering an end-to-end platform that offers freedom to travelers and control for businesses. TravelPerk's solution guarantees time, money, and hassle savings for all the stakeholders involved in corporate travel management.
Founded by Avi Meir, Javier Suarez, and Ron Levin, TravelPerk was born out of the founders' frustrations with outdated corporate travel processes.
Total funding raised: Over $700 million.
Latest funding round: $200 million Series E in January 2025.
Current valuation: $2.7 billion, doubling from $1.4 billion in 2024.
Booking services for flights, hotels, trains, and cars.
Expense reporting and management.
Travel policy compliance and approval workflows.
24/7 customer support.
Real-time travel data and tracking.
VAT-ready invoices and consolidated invoicing.
Flexible trip booking options.
2020: Acquired Albatross API for real-time health and safety information.
2021: Acquired NexTravel (US), ClickTravel (UK), and Susterra (London).
2024: Acquired AmTrav (US).
Developing an all-in-one travel and expense management platform.
Integrating AI capabilities, particularly through the Yokoy acquisition.
Customer-focused approach.
Ambitious and execution-driven culture.
No-layoff policy during challenging times (e.g., COVID-19 pandemic).
Primary focus: Small and mid-tier companies in the U.S. and Europe.
Notable clients: Revolut, Wise, Red Bull, GetYourGuide, Aesop.
TravelPerk
By Travelperk
