Skift Take
TravelPerk is another example of a company rethinking employee roles by using the latest advancements in artificial intelligence.
TravelPerk, a growing business travel agency and software platform, has raised another $104 million.
It’s an extension of the company’s $115 million round from January 2022, and that was an extension of the series D round of $160 million in April 2021. The latest round was led by SoftBank Vision Fund 2.
TravelPerk has now raised a total of $513 million and it said the latest round values the company at $1.4 billion.
TravelPerk allows clients to book and manage corporate travel through a software platform that can be integrated with others that a company may use. TravelPerk is focused on mid-tier and smaller companies, with clients that include Wise, Revolut, Redbull, GetYourGuide, and Aesop. It’s focused on expanding in the U.S. and Europe.
The company has 1,200 employees, including about 700 at its headquarters in Barcelo