Some Spanish startups are demonstrating to the world that talent, creativity and innovation can transcend borders. Examples of success are not missing: from Cabify to more recent cases such as Domestika, PLD Space and Travelperk. Today it is time to talk about the latter, which not only has received a juicy capital injectionbut has also acquired a company to further reinforce its position in the market.
Travelperk, founded in Barcelona in 2015 with the aim of improving business trip management, has raised 200 million dollars in a series E, the type of financing that usually comes when a startup is already well consolidated. With this investment, the company has reached an assessment of 2.7 billion dollars and prepares to strengthen its presence in the United States, in addition to redoubled its commitment to artificial intelligence (AI).
Travelperk bets for tomorrow with Yokoy’s acquisition
The announcement of the atomic -led financing round and EQT Growth arrives accompanied by other interesting novelties for the future of the Spanish emerging company. Travelperk, that last year I had acquired a service platform called Amtrav2025 begins with Yokoy’s purchase. We are talking about a Swiss expenses management that will help Travelperk to offer a more complete solution to its customers.
Taunay-Bucalo, president and director of Operations of Travelperk, has pointed out in a press release After the news announced today that “customers no longer have to make concessions. They can have the best travel management built on the world’s broader inventory, and the expense management product that best works for your business, combined for the best integrated experience that exists. ”
Companies that use Travelperk can establish policies and budgets for the trips of their team members, as if it were a vacation trip. If we analyze some Travelperk figures we can discover that it is a very interesting company. In his first decade of life he has managed to reap more than 6,000 clients around the world and has more than 1,200 employees distributed in offices in the United States and Europe.
The world seems to be more conducive than ever for the growth of a proposal like this. During the Covid-19 Pandemia, business trips stagnated, but over time they have begun to resurface strongly, driven by the need to restore face-to-face meetings. Although the sector still faces challenges, the future seems promising. With the passing of the months we will know if Travelperk has what is necessary to continue in the race.
Images | Travelperk
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