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Online Travel

Lola Raises $37 Million to Manage Business Trips: Travel Startup Funding This Week

Sean O'Neill photo
Sean O'Neill
Mike Volpe CEO of Lola.com courtesy of Lola.com

Photo Credit: Shown here is Lola.com CEO Mike Volpe. In March 2019, the Boston-based business travel startup said it had raised $37 million in fresh funding.  Lola.com

Skift Take

This week corporate travel tech startup Lola, attractions software builder Bookingkit, and hospitality job marketplace Jitjatjo collectively raised more than $53 million in funding.

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.
This week travel startups announced more than $53 million in funding. >>Lola, a travel management company, raised a $37 million Series C funding round. General Catalyst and Accel led the investment. The Boston-based startup has raised nearly $80 million since its founding in 2015 by Paul English. Mike Volpe, who became the startup’s CEO last year, said the company would use the money to double its head count across engineering, sales, and marketing this year. Lola will also accelerate technology development as part of its commercial partnership with American Express Global Business Travel (GBT). Lola said that its 2018 revenues

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