TravelPerk, a Barcelona, Spain-based provider of a business travel platform, raised $200M in Series E funding, at $2.7 Billion valuation.
The round was led by Atomico, alongside EQT Growth, with participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. Hillary Ball, Partner at Atomico, will join TravelPerk’s Board of Directors.
The company intends to use the funds to further accelerate growth with continued expansion into the US market (following the acquisition of AmTrav in 2024) alongside investments into product, technology and AI.
Led by CEO Avi Meir, TravelPerk is a provider of a SaaS business travel platform with a travel inventory, as well as management features, 24/7 customer support, technology and consumer-grade design. The company also announced today its acquisition of Yokoy, market-leader in Europe for AI-powered expense, invoice, and card payment processing.
Through its acquisition, TravelPerk is positioned to provide customers in Europe and the US highly localised solutions, to suit their individual needs, preserving customers freedom of choice and flexibility.
FinSMEs
28/01/2025