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TravelPerk - $115m fundraise

Numis is delighted to have advised TravelPerk on its $115m fundraise at a $1.3bn valuation.

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Investment will be used to expand TravelPerk’s product offering to meet SMBs’ new hybrid remote working and sustainability needs.

TravelPerk achieves unicorn status

 The world’s largest travel management platform, TravelPerk, has raised $115m at a $1.3bn post money valuation, led by General Catalyst and Kinnevik.
Read the press release here

Accelerating TravelPerk’s expansion

Proceeds will catalyse development of next generation, sustainable travel solutions and accelerate expansion in target markets across the US and Europe, cementing TravelPerk as the leader in the $600bn SMB travel industry.

“Our mission at TravelPerk is to connect people in real life in an enjoyable and sustainable way… we’re thrilled to have secured this funding, from investors that truly understand our vision and mission, which will allow us to accelerate our growth and set new standards for sustainable business travel”

Avi Meir CEO & Co-Founder

Rapid growth amidst industry upheaval

Since 2019 TravelPerk has grown annualised revenue 4x and doubled its customer acquisition rate. Strategic acquisitions such as ClickTravel in the UK and NexTravel in the US have enhanced the company’s global footprint.

Leading sustainable travel in the era of hybrid working

With a growing suite of products, 2021 saw the launch of TravelPerk Events which helps distributed teams come together in-person. TravelPerk is leading the charge to allow customers to calculate their carbon footprint and offset their emissions.
See a full product update

“Huge thanks to the Numis team for their help on our fundraise – and for being the best non-‘banker’ bankers I’ve worked with!”

Avi Meir CEO & Co-Founder
Interested in learning more?

Get in touch with our Growth Capital solutions team

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