TravelPerk, a Barcelona, Spain-based business travel platform, closed its series C funding round at $104m by adding an additional $60m from existing investors.
Backers included existing investors Kinnevik, Partners of DST Global, Target Global, Felix Capital, Sunstone, and LocalGlobe.
The company, which has now raised nearly $134m in total funding, intends to use the funds to further accelerate product innovation and continue its European expansion.
Founded in 2015 and led by Avi Meir, CEO, TravelPerk provides a business travel platform for travelers to compare, book and invoice trains, cars, flights, hotels and apartments from a range of providers including Kayak, Skyscanner, Expedia, Booking.com, and Airbnb and companies to stay in control via management features, 24/7 customer support, technology and consumer-grade design.
The company, which counts major European unicorns Glovo, Bowers & Wilkins, Farfetch, Adyen, Transferwise, and GetYourGuide, among its 2000+ customers, recently opened new offices in London and Berlin and signed strategic partnerships with Lufthansa, Trainline, Spendesk, and Expensify.