TravelPerk Raises $44 Million for Biz Trip Management: Travel Startup Funding This Week
Photo Credit: A business travel customer is shown here using Travelperk to book and manage an itinerary. The startup said this week that it has raised more funding. Travelperk
Skift Take
TravelPerk’s funding further supports Skift's 2018 Megatrend that companies are becoming more interested in booking systems that more directly serve business travelers.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
Vacasa, a vacation rental property management firm, earlier this week raised a $64 million extension to its Series B round. The Amazon Alexa Fund made an undisclosed investment in SevenRooms, a restaurant reservation and guest management system.
This week the total funding publicized was more than $113 million.
>>TravelPerk, an online service that enables companies to manage employee trips, has announced a $44 million Series C investment.
Kinnevik led the round. The Barcelona-based startup, which lets business travelers compare, book, and invoice in one interface, said it had become the fastest growing software-as-a-service company in Europe.
The startup, founded in 2015, has raised nearly $75 million in funding to date.
