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Business Travel

Serko, Travel Tech Provider of Zeno, Nearly Doubles Headcount

Andrew Sheivachman

Photo Credit: Serko representatives at an industry trade show. Serko via Twitter

Skift Take

Serko isn't a huge company, but it's finding success selling its Zeno corporate travel tools around the world. We'll find out in 2020 how its international growth strategy truly fares.

New Zealand's Serko, one of the more interesting technology providers in corporate travel, is staffing up amid a serious push into North American and European markets. The company reported strong growth in its preliminary release of financial data for the 2019 fiscal year, but its earnings are weighed down by an intense cash burn to help it meet new demand for its products abroad. Serko's total operating revenue rose 28 percent in the last financial year and grew travel bookings

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