TravelPerk

Startup TravelPerk was founded in 2015 by entrepreneurs from Barcelona. According to the founders, the activities of the TravelPerk when booking housing and cars for the duration of business trips are focused on the needs of the customers themselves. The startup provides companies with a single interface with access to a set of tools and services for booking. As a result, the platform allows you to compare prices, book and pay for car rental, ground travel, flights and hotels in partner bases, including Kayak, Skyscanner, Booking.com, Expedia and Airbnb.

History

2021: Attracting 160 million investments, including Target Global

In early May 2021, Target Global, founded by Russians, invested in a platform for booking hotels and cars from various TravelPerk services. Greyhound Capital, Kinnevik, Felix Capital, Spark Capital, Heartcore, LocalGlobe and Amplo also took part in this $160 million round of financing.

Target Global, founded by Russians, has invested in a platform for booking hotels and cars from various services

Even in a pandemic, TravelPerk leaders are optimistic and intend to use the funds to accelerate international growth and strengthen their market position. The company's management believes that now their main goal is to prepare for increased demand for business trips after the COVID-19 pandemic.

Travelers are gradually returning, "said Avi Meir, CEO and co-founder of the TravelPerk. - This is indicated by statistics. For example, in the USA, the occupancy of domestic flights has recovered to 70-75% of the pre-Andemic level. The overall recovery of the travel and tourism industry will be uneven, as different countries will open borders at different times<...> but there is demand for travel, and we are focused on finding solutions that will help people move safely around the world.[1]

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