Fundz

Italian Business Travel Scaleup Bizaway Secures €10 Million Investment Via Illimity

Jul 24, 2023

Amount Raised

€10 Million

Round Type

Venture

LeisureTravelTourism

Description

Italian traveltech scaleup BizAway has secured €10 million in a debt funding round. Going head to head with Barcelona’s TravelPerk, BizAway offers an “all-in-one solution to book and manage your business trips.” The company intends to use the investment for M&A activities as well as R&D.

Quick answer

BizAway raised €10 Million in a funding round, dated July 24, 2023.

How much did BizAway raise?
BizAway raised €10 Million in a funding round on July 24, 2023.
What does BizAway do?
The company intends to use the investment for M&A activities as well as R&D.
Where is BizAway based and how big is it?
Fundz records about 297 employees.
Who are the decision-makers at BizAway?
Fundz holds 1 contact at BizAway. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Leisure and Travel around the same time

Companies in the same sectors as BizAway that raised within 45 days of this round, from Fundz verified event records.

  • Travelshift raised $10M (Funding Round) on August 29, 2023.
  • Sojern raised $9.8M on July 1, 2023.
  • Point.me raised $10M (Funding Round) on September 5, 2023.
  • Goodwings raised $1.5M (Seed) on August 21, 2023.
  • Atmosfy raised $12M (Funding Round) on August 9, 2023.
  • Volato Group raised $16M on July 21, 2023.

Who to call at BizAway, and when

A new round usually means BizAway is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day BizAway raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at BizAway, from your own LinkedIn network

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Company Information

Company

BizAway

About

The company intends to use the investment for M&A activities as well as R&D. Earlier this year BizAway announced the acquisition of Milan’s Next Generation Travel’s business travel branch and a partnership forges with Rome’s Telepass, which allows the mobility company to offer its private customers a flight inventory. The company counts Cricket, BDO, Vortice, Feltrinelli, Satispay, Perrigo, WeRoad, EJU, Talent Garden, Sielte, Venchi, and Médicins Sans Frontière amongst its client base, and employs some 220 employees across eight offices worldwide: three in Italy (Spilimbergo, Milan and Padua), two in Spain (Barcelona and Vigo), two in Albania (Shkodra and Tirana), and one, opened in March, in the UAE (Dubai).

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BizAway raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.