TravelPerk raises $200M as valuation nearly doubles to $2.7B

Quick Summary:

Barcelona-based business travel management platform TravelPerk has raised $200 million at a hefty $2.7 billion valuation — almost double the $1.4 billion valuation at its previous fundraise last year.

Alongside the raise, TravelPerk also announced it has acquired Swiss startup Yokoy to bring native expenses management into the fray.

For example, TripActions expanded into expenses management back in 2020 in response to a pandemic that put most companies’ travel plans on long-term hiatus.

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Article Details

Author / Journalist: Paul Sawers

Category: Technology

Markets: United States

Topics: Fundraising Startups TravelPerk Atomico

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 06:00:00 (3 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 996 words

Reading Time: 6 minutes read

Sentences: 30 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 25563985

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