Andreessen Horowitz and Premji Invest led a $154m funding round in TripActions.

Andreessen Horowitz, a venture capital firm, and Premji Invest, a venture capital firm, led a $154m funding round in TripActions, a travel management company, with participation from Base Partners, Elad Gil, Greenoaks Capital Management, Zeev Ventures, Lightspeed Ventures and Addition Ventures. Coatue provided a $150m structured financing. “TripActions is building the best travel and expense management solution in the world. The recent funding round shows not only the strength of its business model, but also the value to companies looking to increase savings and enable responsible spending. TripActions is proof that empowering users through relentless innovation and automation is the future of travel," Ariel Cohen, TripActions CEO and Co-Founder.