TravelPerk S.L.

Based in Spain, TravelPerk S. L. provides innovative solutions for corporate travel management, streamlining expense reporting and travel bookings for businesses of all sizes. Founded in 2015 in Barcelona, Spain, TravelPerk S.

L. specializes in travel management solutions aimed at simplifying the corporate travel experience. The company was co-founded by Avi Meir, Badjinca Carvalho, and Javier Suarez. In January 2025, TravelPerk raised USD 200 mn in a Series E funding round, bringing the total amount raised to USD 200 mn, with a current company valuation of USD 2,700 mn.

The latest funding round saw participation from notable investors such as Atomico, Blackstone Group, EQT, General Catalyst India, and Kinnevik, among others. TravelPerk offers an intelligent platform that integrates travel and expense management solutions designed to streamline corporate spending processes. The core product allows businesses to manage travel bookings, expense reporting, and spend analysis within a single interface. This functionality assists finance teams in monitoring and controlling travel expenses, automating approvals, and ensuring compliance with company policies.

Targeting a diverse client base that includes small to large enterprises, TravelPerk serves industries such as technology, manufacturing, and consulting in various geographical markets, including the United States, Canada, and Mexico. The platform is engineered to enhance user experience by providing insights that enable businesses to optimize their travel and spending habits. In the most recent fiscal year of 2024, TravelPerk generated revenue of USD 128. 49 mn, with an EBITDA of USD -52.

50 mn. The company primarily relies on subscription-based models, where clients pay a recurring fee for access to the platform, which includes various features designed to facilitate travel bookings and expense tracking. The revenue structure focuses on direct business-to-business transactions, allowing companies to manage their travel and expense needs efficiently. Following the Series E funding round completed on January 28, 2025, TravelPerk intends to enhance its position as the premier travel and expenditure management platform for SMBs and mid-market businesses in the US and Europe.

The company plans to make substantial investments in product development, technology, and artificial intelligence, with a strong emphasis on expanding into the US market.