Corporate Travel, Flying Taxis: Startups Raise $300 Million Over Three Weeks


Skift Take

Travel startups have raised about $400 million so far this year. By this time in 2024, travel startups had raised more than twice that.

Series: Startups This Week

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 jd@skift.com if you have funding news.

It's been a slow start to the year for travel funding compared to last year. So far in 2025, travel startups have raised about $400 million. By this time last year, travel startups had raised more than twice that.

There has been one big fundraise so far this year: TravelPerk for $200 million. Nearly all of the others have been small, early rounds. That aligns with our reporting that mid-range funding, like series A, B, and C, is still tight. But private equity companies are looking to fund the next big travel tech platforms, so more big deals likely are coming this year.

Seven travel startups raised nearly $300 million over the last three weeks.

TravelPerk: $200 Million

TravelPerk, a platform for booking corporate travel, has raised $200 million in an oversubscribed series E round.

The deal values the company at $2.7 billion, up from $1.4 billion. 

The company has now raised a total of over $700 million. 

Barcelona-based TravelPerk is a corporate travel agency focused on small- and mid-tier companies in the U.S. and Europe. Client companies and their employees can book and manage travel and expenses through a tech platform. Clients