TravelPerk is a Spanish startup based in Barcelona, created just three years ago and specialising in corporate travel, which has just broken a milestone by raising almost €120M between April 2018 and July 2019.
The problem was obvious: there was a need to create specific solutions for companies in terms of their travel, since according to Global Business Travel Association, represents a market of €222.550M in Europe alone. Until Avi Meir, Javier Suárez and Ron Levin came along and co-founded TravelPerk in 2015.
TRAVELPERK and its customers
Actualmente, la compañía da servicio a más de 1.000 clientes, desde grandes tecnológicas como Uber, hasta a agencias gubernamentales, sin dejar de lado start-ups locales como Typeform. Its main market is Western European countries, and it has 240 employees, although it expects to end the year with 430 employees and even expects to reach 580 employees during 2020.
La firma acaba de levantar 53M€The following are the signatories to the KinnevikYuri Milner, Tom Stafford, Felix Capital, Global Target, Local Globe, y Sunstone CapitalThe company's international investors also took part in another round of the company's capital increase last October. In fact, this is the third capital increase in just 15 months, and the company itself sees it as a continuation of what was announced last autumn. With it, they will be able to accelerate their expansion and invest in solutions for customers who are in the middle of their journey.
In addition, this investment in TravelPerk is the second largest investment in Barcelona start-ups so far this year, only surpassed by the €150 million investment of Glovo. The goal is clear: it wants to lead the global business travel industry.
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CVD GROUP
It is a travel wholesaler with its own platformwhich offers travel agency services to travel agencies in hotelsThe company also has its own financing on some flights so that it can finance flights for its customers without having to ask for any documentation.
Esta compañía ha recibido recientemente una ronda de financiación serie A, por valor de 1M€ y liderada por Alzisthe business corporation founded half a century ago by the Coves family, which continues to add to its business conglomerate.
With this capital injection, which has doubled its initial investment target, CVD Group aims to maintain its expansion strategy in the coming years and consolidate its position as the leading platform for retail travel agencies in Spain.
TROOPTRAVEL
Through Big Data, helps managers of meetings, events and corporate travel make the best decisions when planning and booking them.of any kind. The technology it uses enables large corporations to save costs and reduce planning time.
Last year, TroopTravel won the award for the most disruptive company in the business travel sector, and in its first round of funding was able to raise 230,000 euros with the aim of accelerating the platform's development.