TravelPerk, a business travel management platform, has raised $105 million in a funding round led by SoftBank's Vision Fund 2. The funding gives TravelPerk a valuation of $1.4 billion. The platform allows companies to book, manage, and report all their domestic and international travel. This funding round is an extension of TravelPerk's Series D round.
•4m read time• From techcrunch.com
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Well-traveledFollow-on fundingThere’s no escaping the fact that TravelPerk has somewhat bucked the broader trend that has seen many startups struggle to raise follow-on capital. But equally, it appears as though it has been burning through a lot of cash, though Meir is adamant that isn’t in fact the case, although it has been investing in its core product.Sort: