Travel
“Can a corporate travel management platform become the financial operating system for business travel by embedding cards, expenses, and payouts directly into the booking workflow?”
Founded2015
HQBarcelona, Catalonia, Spain
Total raised$294M+ (as of Series D)
Latest roundSeries E
IndustryVertical SaaS / Travel
The story
Founded in 2015 as a pure-play corporate travel booking and management SaaS platform. Survived the COVID-19 downturn without layoffs and used post-pandemic recovery to expand into adjacent embedded finance products, most notably the Perk Card (corporate card) and expense management. The DPA references 'Perk Card Terms' alongside standard booking management, suggesting TravelPerk is evolving from a travel-first SaaS into a broader corporate spend platform for frequent business travelers.
Product timeline
2015
TravelPerk founded in Barcelona as a corporate travel management platform for booking and managing business travel.· pivot
2021
Raised $160M Series D led by Greyhound Capital, bringing total funding to $294M, as business travel began rebounding post-COVID.· banking
2025
DPA updated November 2025, referencing 'Perk Card Terms' — indicating an active corporate card product (Perk Card) embedded within the platform.· card
The stack
Accounting gap: none