TravelPerk Raises $44 Million for Biz Trip Management: Travel Startup Funding This Week
Sean O'Neill
October 19th, 2018 at 1:00 AM EDT
Skift Take
TravelPerk’s funding further supports Skift's 2018 Megatrend that companies are becoming more interested in booking systems that more directly serve business travelers.
Vacasa, a vacation rental property management firm, earlier this week raised a $64 million extension to its Series B round. The Amazon Alexa Fund made an undisclosed investment in SevenRooms, a restaurant reservation and guest management system.
This week the total funding publicized was more than $113 million.
>>TravelPerk, an online service that enables companies to manage employee trips, has announced a $44 million Series C investment.
Kinnevik led the round. The Barcelona-based startup, which lets business travelers compare, book, and invoice in one interface, said it had become the fastest growing software-as-a-service company in Europe.
The startup, founded in 2015, has raised nearly $75 million in funding to date.
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