TravelPerk Primed for Aggressive Growth With New Fundraising


Skift Take

This might be a turning point for the company as it continues to work toward becoming the lead corporate travel booker in Europe.

Business travel platform TravelPerk has come a long way since its founding in 2015. Starting from its base in Barcelona, it continues opening new offices in Europe, and its team just keeps expanding. The corporate travel industry has a ton of money, and more startups are coming in to compete, especially to serve small- and medium-size businesses. In fact, an announcement Thursday about new money raised by TravelPerk comes less than a month after TripActions revealed it had raised $250 million in new funding and four months after Lola raised $37 million. TravelPerk has one main advantage, though. It has already built a strong base within Europe, an extremely difficult and fragmented mar