TripIt parent Concur launches $150 million investment fund for business travel startups


Skift Take

This is among the first such corporate investment fund focused on travel sector, and smartly on business travel solutions. Will help foster the ecosystem beyond the silliness of social/consumer travel startups being funded these days.

Concur, the travel and expense management solutions giant and parent of trip itinerary service TripIt has a new $150 million fund, called "Concur Perfect Trip Fund" to invest in startups in the travel industry, f