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§ Private Profile · Barcelona, Spain
TravelPerk is a technology company.
Perk, formerly TravelPerk, offers an intelligent platform for integrated business travel and spend management. It unifies travel booking, expense tracking, and payments into a single system. Core capabilities include extensive inventory, 24/7 support, policy enforcement, and AI-powered spend analysis, significantly enhancing operational efficiency.
Avi Meir and Ron Levin co-founded the company in 2015, recognizing the inherent complexities of corporate travel and expense processes. Meir, a seasoned entrepreneur from Hotel Ninjas, aimed to deliver a streamlined, integrated solution. Their insight simplified these traditionally fragmented administrative tasks.
Perk serves global organizations, aiming to eliminate the "shadow work" of managing business travel and expenses. This empowers finance teams and employees to prioritize strategic initiatives and core growth. The platform thus positions clients for greater operational agility and a more focused approach.
TravelPerk has raised $849.0M across 10 funding rounds.
TravelPerk has raised $849.0M in total across 10 funding rounds.
TravelPerk, now rebranded as Perk, is a technology company building a global business travel and expense management platform.[1][2][3] It serves businesses of all sizes, including global brands like Red Bull, Fujifilm, and Nord Security, by solving pain points in corporate travel such as booking complexity, expense tracking, disruptions, and administrative burdens.[1] The all-in-one platform combines cutting-edge technology with human support to simplify travel booking, streamline expenses, enable cost control, and offer features like carbon offsetting, helping companies save time, reduce costs, and boost productivity.[1]
Founded in 2015, Perk has shown strong growth momentum through strategic moves like rebranding in late 2025, establishing dual headquarters in London and Boston, acquiring Yokoy to enhance its spend management platform, and automating core tasks like bookings, expenses, and invoicing.[1][2][3][4][5]
TravelPerk was founded in 2015 with a mission to reshape corporate travel management by blending technology and human expertise.[1] While specific founder details are not detailed in available sources, the company emerged amid rising demands for efficient business travel solutions, quickly gaining traction with major clients and positioning itself as a leader in travel tech.[1]
Pivotal moments include its expansion to serve global brands and recent acceleration: the 2025 acquisition of Yokoy to bolster spend management, followed by the rebrand to Perk—signaling a "next phase of growth" with new headquarters in London and Boston to support automation-focused scaling.[2][3][4][5]
Perk stands out in the crowded travel tech space through these key strengths:
Perk rides the wave of corporate spend automation and AI-driven travel recovery post-pandemic, capitalizing on market forces like surging business travel disruptions—US firms lose over $17 billion annually to issues like cancellations.[1] Its timing aligns with enterprises seeking integrated platforms amid hybrid work, rising sustainability demands (e.g., carbon offsetting), and economic pressures for cost optimization.[1]
By influencing the ecosystem through acquisitions and rebranding, Perk pushes the industry toward "intelligent platforms" that eliminate non-core work, setting standards for efficiency in a market projected to grow with renewed travel volumes.[2][3][4]
Perk is poised to dominate spend management by expanding its Yokoy-powered platform, potentially integrating more AI for predictive travel and expense insights.[5] Trends like escalating disruptions, sustainability mandates, and automation demands will fuel its trajectory, evolving it from travel specialist to full-spectrum corporate finance tool.
This positions Perk to reshape how businesses "manage travel for work," delivering the flexibility and savings that started it all in 2015.[1][4]
TravelPerk has raised $849.0M across 10 funding rounds. Most recently, it raised $200.0M Series E in January 2025.
TravelPerk has raised $849.0M in total across 10 funding rounds.
TravelPerk's investors include Atomico, Aleph VC, Amplo, Balderton Capital, DST Global, Felix Capital, General Catalyst, Giza Polish Ventures, Tom Hulme, Heartcore Capital, Kinnevik, OurCrowd.