TravelPerk Raises $21 Million for Business Travel Bookings: Travel Startup Funding This Week


Skift Take

TravelPerk's and TravelTriangle's fundings are yet a further sign that Skift called it right in our 2018 megatrend predictions. We said companies are investing heavily in treating business travelers as respectable consumers rather than as animals that need prodding like goats.

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.
The total publicized this week was more than $49 million. Deals below. >>TravelPerk, an online travel agency for business travelers, raised $21 million (€17 million) in Series B funding. Target Global and Felix Capital co-led the round. Spark Capital, Sunstone, and Amplo also participated. Barcelona-based TravelPerk has raised $30 million in total funding since its founding in 2015. "What we have today is basically equivalent to the top consumer booking sites out there in terms of inventory and speed," said co-founder and CEO Avi Meir. "We have invested heavily in the infrastructure, and we've seen more than 10 times year-over-year growth every quarter." Competitors in direct-to-business-traveler sales i