TravelPerk quickly adds $44M round, plans rapid expansion of business travel tech
TravelPerk raised almost $75 million in total funding since established in 2015. It gets bigger customers all the time that have travel budgets of over £10 million.
TravelPerk has announced $44 million in Series C funding, just seven months after it attracted a $21 million round.
The investment was led by Sweden-based Kinnevik with Yuri Milner and Tom Stafford also participating.
Existing investors including Felix Capital, Target Global, Spark Capital, LocalGlobe, Suntone and Amplo are also involved in the round.
The Barcelona-based company, which wants to remove friction from booking business travel, will invest the latest funds in further growth including the opening of new offices, initially in London, followed by Berlin, Amsterdam and Paris.
Read Original Article