TravelPerk secures $135M funding and acquires AmTrav to expand presence in the US market.
Amount Raised
$135 Million
Round Type
Funding Round
BarcelonaOtherInformation TechnologyTourism And Travel ServicesInvestors
Description
TravelPerk, a leading global business travel management platform, acquires AmTrav, a well-established US-based travel management company, to expand its presence in the US market. The company also secures a new credit facility worth $135 million, led by prominent investment firms Blackstone Credit & Insurance and Blue Owl Credit. The funding will fuel both organic and inorganic growth strategies for TravelPerk.
Quick answer
TravelPerk raised $135 Million in a Funding Round round, dated June 18, 2024. Investors: Blue Owl Credit and Blackstone Credit & Insurance. TravelPerk is based in Barcelona, Catalonia, Spain.
- How much did TravelPerk raise?
- TravelPerk raised $135 Million in a Funding Round round on June 18, 2024.
- Who invested in TravelPerk?
- Blue Owl Credit and Blackstone Credit & Insurance are named as investors in this round.
- 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 is TravelPerk based and how big is it?
- TravelPerk is based in Barcelona, Catalonia, Spain. Fundz records about 1,698 employees.
- 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.
Who else raised in Tourism And Travel Services around the same time
Companies in the same sectors as TravelPerk that raised within 45 days of this round, from Fundz verified event records.
- Mast Vacation Partners raised $33K (Pre-Seed) on July 23, 2024.
- RoverPass raised $8.4M on July 3, 2024.
Who to call at TravelPerk, and when
A new round usually means TravelPerk is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day TravelPerk raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TravelPerk, from your own LinkedIn network
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Related People
TravelPerk 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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