Announced
Completed
Financials
Tags
Private
Private Equity
Venture Capital
Completed
Friendly
Single Bidder
Spain
travel management
Corporate Travel Services
Acquisition
Cross Border
Minority
Synopsis
SoftBank Vision Fund 2, a 2019 vintage venture capital fund managed by SoftBank Investment Advisers and SoftBank Group, led a $104m funding round in TravelPerk, the hyper-growth business travel management platform, with participation from Kinnevik and Felix Capital. "Within the enormous global business travel market, SMBs have remained a largely underserved segment. TravelPerk continues to innovate, integrating AI across the product stack to deliver a world-class experience for customers and travellers. We are excited to partner with TravelPerk and support the next stage of growth," Stephen Thorne, SoftBank Investment Director.
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