SAP Invests in Travel Startups Through Concur's Perfect Trip Fund
Skift Take
Concur's travel and expense offerings are a high-profile element of SAP's portfolio rather than blending into oblivion. SAP has not shut down Concur's Perfect Trip Fund and continues to invest in travel startups.
SAP's 2014 acquisition of Concur Technologies in December 2014 did not lead to the death of Concur's Perfect Trip Fund, as we had incorrectly foreseen.
With the news last week that Concur and Shiji Ltd. led a $9.5 million Series A round for StayNTouch, a hotel-tech platform, Brian Camposano, senior
