Chat with us, powered by LiveChat
  • About
  • Terms of Use
  • Privacy & Policy
  • Cookie policy
  • “[email protected]”.
USTechTimes, Magazine & Review WordPress Theme 2017
  • Home
  • topics
    • All
    • AgTech
    • AI
    • Analytics
    • AR/VR
    • Biotech
    • Blockchain
    • Cars / autonomous vehicles
    • Clean tech / environment
    • Cloud infrastructure
    • Cryptocurrency
    • Data services
    • Developer tools
    • E-commerce
    • Education
    • Energy tech
    • Enterprise
    • Entertainment & sports
    • Security
    GreenFire Energy secures funding from French multinational company Vallourec

    GreenFire Energy secures funding from French multinational company Vallourec

    Rivian may become the biggest U.S.  market entrant on the IPO list this year

    Rivian gets a $1.5 billion incentive from the government for its manufacturing plant in Georgia

    Disney’s Ex-CEO invests and joins metaverse company Genies

    Disney’s Ex-CEO invests and joins metaverse company Genies

    Rakuten Symphony to acquire Robin.io for an undisclosed amount

    Rakuten Symphony to acquire Robin.io for an undisclosed amount

    Trending Tags

      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Consumer health & fitness
      • Consumer products
      • Cryptocurrency
      • Data services
      • Developer tools
      • Distributed workforce
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Fashion
      • Fintech
      • Food and beverage
      • Games
      • Gaming/eSports
      • Govtech
      • Hardware
      • Health & hospital services
      • Health IT
      • Human capital
      • Impact
      • Insurance
      • IoT
      • Local commerce
      • Lodging/hospitality
      • Logistics
      • Manufacturing
      • Marketing automation
      • Marketplaces
      • Material science
      • Media/content
      • Medical devices
      • Messaging
      • Network infrastructure
      • Parenting/families
      • Payments
      • Pharmaceuticals
      • Real estate/proptech
      • Retail
      • Robotics
      • SaaS
      • Sales and CRM
      • Security
      • SMB software
      • Social commerce
      • Social mobile
      • Space
      • Gaming/eSports
      • Travel
      • Games
    • Interview
    • Venture Capital
    No Result
    View All Result
    • Home
    • topics
      • All
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Cryptocurrency
      • Data services
      • Developer tools
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Security
      GreenFire Energy secures funding from French multinational company Vallourec

      GreenFire Energy secures funding from French multinational company Vallourec

      Rivian may become the biggest U.S.  market entrant on the IPO list this year

      Rivian gets a $1.5 billion incentive from the government for its manufacturing plant in Georgia

      Disney’s Ex-CEO invests and joins metaverse company Genies

      Disney’s Ex-CEO invests and joins metaverse company Genies

      Rakuten Symphony to acquire Robin.io for an undisclosed amount

      Rakuten Symphony to acquire Robin.io for an undisclosed amount

      Trending Tags

        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital
      No Result
      View All Result
      USTechTimes - Leading Startup and Technology News in the United States
      No Result
      View All Result
      Home Travel

      Travel and expense management firm TripActions is in talks with investors to raise fresh funding

       97 total views,  1 views today

      USTechTimes Editor by USTechTimes Editor
      May 27, 2022
      Travel and expense management firm TripActions is in talks with investors to raise fresh funding
      Share on FacebookShare on Twitter

      Palo Alto, California-based TripActions, an integrated travel provider and expense management tool, is reportedly in talks with investors to raise a new round of funding. The latest round by the company that has never slouched at the fundraising front is being negotiated at $9 billion valuation.

      The 7-year-old company is luring investors to put their money in the private limited company as the publicly listed companies on the stock market are beating, and travel in general and business travel in particular is showing signs of recovery amid leniency pandemic-induced restriction.

      The travel and expense management firm last raised $275 million in October as part of its Series F funding led by investors including Greenoaks Capital, Base Partners and entrepreneur Elad Gill. The last round brought the company’s valuation to $ 7.25 million, indicating that the proposed new round will add significantly to its valuation.

      TripActions was funded in 2015 to provide an end-to-end corporate card, expense management, and travel platform. Trusted by its clients as the company’s Liquid leverage real-time data help companies to keep their traveling employees safe, reduce spending, and drive productivity.

      TripActions has been on an acquiring spree to strengthen its business

      This month, TripActions entered into a partnership with Deutche Lufthansa AG on a digital travel booking portal for small and medium-sized businesses. The company claims to have 9,000 customers, including Lyft Inc. and Pinterest Inc., on its website. Since the beginning of 2021, it has been active, anticipating the travel industry’s urge due to the easing of pre-pandemic travel restrictions.

      In February, the company acquired Comtravo, a travel company in Germany, Austria, Switzerland and Scandinavia. With the purchase, the company’s total investment in Europe and the United Kingdom amounted to around $400 million.

      Earlier, in May 2021, with the market indicating that travel spending is set to surge, TripActions snapped London-based travel and events service, Reed & Mackay. In its report, the Global Business Travel Association (GBTA) has mentioned that business travel spending is set to rise, and the segment will fully recover by 2024.

      The GBTA report highlighted that the business travel spending hit the rock-bottom in 2020 after the Global Pandemic Outbreak, with a 50 percent overall dip. However, various media reports suggest that this segment recovered post-pandemic with a 14 percent recovery in 2021, amounting to $754 million in value. It has been further forecasted that by the end of 2024, it will reach a whopping $148 million in value.

      What’s your thoughts?
      +1
      0
      Upvote
      +1
      0
      Clap
      +1
      0
      Clap
      +1
      0
      On fire
      +1
      0
      Meh
      +1
      0
      Clap
      +1
      0
      Facebook Twitter Email

      Related Posts

      • Sounder
        Podcast Management Platform Sounder Secures $1.8m Seed Funding

        Podcast management and monetization platform Sounder announced that it had raised $1.8 million in a…

      • Hospitality robot startup Bear Robotics secures $81 million in fresh funding

        US-based innovator of hospitality robotics, Bear Robotics, announced on March 16 that it had secured…

      • OneDine
        Restaurant Tech OneDine Grabs $5m in Funding

        Dallas-area startup OneDine has secured a new round of investment of US$5 million to handle…

      Tags: CaliforniafundinginvestmentUS startup
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      Related Posts

      No Content Available
      No Result
      View All Result

      Follow Us

      FREE NEWSLETTER

       

      PRODUCTS

      USTechTimes – Leading Startup and Technology News in the United States

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      More from our network


      • ktd

      • atd

      • itd

      • ktt

      • kgd

      • kpp

      • ktp

      • kpoppost

      • ustechtimes

      Categories

      • Accelerator
      • Animation
      • Apple
      • Applications
      • Artificial Intelligence
      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR

      Tags

      Fintech AI Robotics SpaceX COVID-19 investment Cybersecurity funding South Korea Artificial Intelligence
      • About
      • Terms of Use
      • Privacy & Policy
      • Cookie policy
      • “press@ustechtimes.com”.

      © 2021 ustechtimes.com

      No Result
      View All Result
      • Home
      • topics
        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital

      © 2021 ustechtimes.com