TravelPerk
TravelPerk is a travel management company that sells its services to businesses. It provides travel and expense management services for businesses by automating spending limits and travel policies. It is headquartered in London, Barcelona, Berlin and has raised $134 million in six funding rounds. History. TravelPerk was founded in 2015 by Avi Meir, Javier Suarez, and Ron Levin. Meir previously founded Hotel Ninjas, a web-based Hotel Management Software that was acquired by Booking.com. After the selling of Hotel Ninjas, Meir met Suarez while working at Booking.com. At first they worked on creating a business travel management platform  that included a rewards program for business travelers taking business trips and launched it in September 2015. Soon after, TravelPerk received $7 million in series A funding led by Spark Capital. The company dropped the awards element, but further enabled seamless travel booking with the integration of train booking service to their platform. In October 2018, the company raised a $21 million Series B round led by Target Global, Felix Capital, Spark Capital, Sunstone and Amplo. In July 2019, TravelPerk finalized a two part, $104 million series C funding backed by Kinnevik, Partners of DST Global, Target  Global, Felix Capital, Sunstone, and LocalGlobe. The company partnered with Lufthansa airlines in 2019 to provide the customers direct booking facilities. In the same year, TravelPerk launched a new product known as FlexiPerk that gives business travelers 90% refunds on cancellations on all bookings.