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

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