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TravelPerk Raises $200M in Series E; Acquires Yokoy to Provide Localized Solutions for Customers in Europe and the US

Jan 28, 2025

Acquiring Company

TravelPerk

Acquired Company

Yokoy

BarcelonaZurichOtherInformation TechnologyTourism And Travel ServicesArtificial IntelligenceFintech

Description

TravelPerk, a Barcelona, Spain-based provider of a business travel platform, has raised $200M in Series E funding at a $2.7 billion valuation. In addition, TravelPerk has acquired Yokoy, the market leader in Europe for AI-powered expense, invoice, and card payment processing. Through this acquisition, TravelPerk aims to provide personalized solutions to customers in Europe and the US, while preserving their freedom of choice and flexibility.

Quick answer

TravelPerk is acquiring Yokoy for $200 million, announced January 28, 2025. TravelPerk is based in Barcelona, Catalonia, Spain.

How much did TravelPerk pay for Yokoy?
The reported deal value is $200 million.
What does TravelPerk do?
TravelPerk is a smarter, simpler way for companies to manage travel and expenses, combining the best travel inventory, intuitive management tools, 24/7 support, and an easy-to-use platform.
Where are TravelPerk and Yokoy based?
TravelPerk is based in Barcelona, Catalonia, Spain. Yokoy is based in Zurich, Zurich, Switzerland.
Who are the decision-makers at TravelPerk?
Fundz holds 1 contact at TravelPerk. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Tourism And Travel Services and Fintech

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

TravelPerk

Location

Barcelona, Catalonia, Spain

About

TravelPerk is a smarter, simpler way for companies to manage travel and expenses, combining the best travel inventory, intuitive management tools, 24/7 support, and an easy-to-use platform. Designed to give travelers more freedom while keeping businesses in control, TravelPerk helps reduce costs, save time, and boost productivity. Backed by leading investors including SoftBank, General Catalyst, and Atomico Capital, the company is redefining travel and expense management for organizations worldwide.

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Frequently asked

Who acquired Yokoy?

Yokoy was acquired by TravelPerk, based in Barcelona. The deal was reported on January 28, 2025. TravelPerk is a smarter, simpler way for companies to manage travel and expenses, combining the best travel inventory, intuitive management tools, 24/7 support, and an easy-to-use platform. TravelPerk is privately held and operates in Other.

When did TravelPerk acquire Yokoy?

TravelPerk's acquisition of Yokoy was reported on January 28, 2025. TravelPerk, a Barcelona, Spain-based provider of a business travel platform, has raised $200M in Series E funding at a $2.7 billion valuation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Yokoy do?

Yokoy is the market leader in Europe for AI-powered expense, invoice, and card payment processing. It is privately held, operating in Artificial Intelligence, and is based in Zurich.

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