TravelPerk is a travel management platform for businesses. [1] [2] [3] It provides travel and expense management services for businesses by automating spending limits and travel policies. [4] [5] [6] It is headquartered in London, Barcelona, Berlin with further offices in London and Berlin, and has raised $134 million in six funding rounds. [7] [8] [9]
TravelPerk was founded in 2015 by Avi Meir, Javier Suarez, and Ron Levin. [10] [11] Meir previously founded Hotel Ninjas, a web-based Hotel Management Software that was acquired by Booking.com. [12] After the selling of Hotel Ninjas, Meir met Suarez while working at Booking.com. [13] At first they worked on creating a business travel management platform that included a rewards program for business travelers taking business trips and launched it in September 2015. [14] Soon after, TravelPerk received $7 million in series A funding led by Spark Capital. [15] The company dropped the awards element, but further enabled seamless travel booking with the integration of train booking service to their platform. In October 2018, the company raised a $21 million Series B round led by Target Global, Felix Capital, Spark Capital, Sunstone and Amplo. [16] In July 2019, TravelPerk finalized a two part, $104 million series C funding backed by Kinnevik, Partners of DST Global, Target Global, Felix Capital, Sunstone, and LocalGlobe. [17] [18] [19] [20]
The company partnered with Lufthansa airlines in 2019 to provide the customers direct booking facilities. [21] [22] In the same year, TravelPerk launched a new product known as FlexiPerk that gives business travelers 90% refunds on cancellations on all bookings. [23] [24] [25] [26]
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TravelPerk is a travel management platform for businesses. [1] [2] [3] It provides travel and expense management services for businesses by automating spending limits and travel policies. [4] [5] [6] It is headquartered in London, Barcelona, Berlin with further offices in London and Berlin, and has raised $134 million in six funding rounds. [7] [8] [9]
TravelPerk was founded in 2015 by Avi Meir, Javier Suarez, and Ron Levin. [10] [11] Meir previously founded Hotel Ninjas, a web-based Hotel Management Software that was acquired by Booking.com. [12] After the selling of Hotel Ninjas, Meir met Suarez while working at Booking.com. [13] At first they worked on creating a business travel management platform that included a rewards program for business travelers taking business trips and launched it in September 2015. [14] Soon after, TravelPerk received $7 million in series A funding led by Spark Capital. [15] The company dropped the awards element, but further enabled seamless travel booking with the integration of train booking service to their platform. In October 2018, the company raised a $21 million Series B round led by Target Global, Felix Capital, Spark Capital, Sunstone and Amplo. [16] In July 2019, TravelPerk finalized a two part, $104 million series C funding backed by Kinnevik, Partners of DST Global, Target Global, Felix Capital, Sunstone, and LocalGlobe. [17] [18] [19] [20]
The company partnered with Lufthansa airlines in 2019 to provide the customers direct booking facilities. [21] [22] In the same year, TravelPerk launched a new product known as FlexiPerk that gives business travelers 90% refunds on cancellations on all bookings. [23] [24] [25] [26]
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