TravelPerk

Business travel booking and management platform

Montornès del Vallès, Catalonia, Spain

About TravelPerk

TravelPerk is a business travel platform designed to simplify the booking and management of corporate travel for companies of all sizes. The platform allows employees to book their own trips, which saves time and enhances satisfaction. For travel managers, it provides tools to monitor travel data and manage expenses effectively, while financial controllers benefit from consolidated invoicing and straightforward reporting. A key feature of TravelPerk is its flexibility, allowing users to cancel bookings at any time, which is particularly useful in the unpredictable nature of business travel. The company earns revenue through commissions on bookings and fees for premium services, such as access to negotiated rates and advanced reporting features. Overall, TravelPerk aims to offer a comprehensive, user-friendly solution that combines flexibility, control, and convenience in the corporate travel sector.

Montornès del Vallès, SpainHeadquarters
2015Year Founded
$516.8MTotal Funding
DEBTCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Professional Development Budget
Conference Attendance Budget
Wellness Program
Mental Health Support
Gym Membership
Phone/Internet Stipend
Home Office Stipend
Relocation Assistance
Volunteer Perk

Risks

AI-driven travel platforms may erode TravelPerk's market share.
Competitors' significant funding rounds could increase pressure on TravelPerk.
Sustainable travel technology trends may require TravelPerk to invest in eco-friendly options.

Differentiation

TravelPerk offers ultimate travel flexibility with its FlexiPerk product launched in 2019.
The platform provides real-time tracking and flexible reporting for corporate travel management.
TravelPerk's partnership with SilverRail adds Amtrak content, enhancing travel options for clients.

Upsides

Increased demand for sustainable travel solutions offers growth opportunities for TravelPerk.
AI advancements in travel can enhance TravelPerk's platform with personalization and efficiency.
Rebound in corporate travel in the US presents expansion opportunities for TravelPerk.