Company · Travel & Hospitality

Aervio

aervio.com ↗ ·Barcelona ·Seed

Aervio was a Barcelona-based AI-powered corporate travel management platform (founded 2016) that used natural language processing to automate travel search, booking, and invoicing, cutting time spent by up to 90%. It was one of Spain's top travel management companies before being acquired by Italy-based BizAway in April 2025, with its team and technology absorbed into BizAway's Spanish operations; Aervio no longer operates as an independent company.

Founded
2016
Founders
1
News
1
Rounds
0
Investors
2
SectorsTravel Tech, Corporate Travel Management, Artificial Intelligence Start-up MapTravel & Hospitality › Corporate & group travel management

Profile updated 20 Jul 2026

Founders

Santiago Montero de Quadras
Founder and CEO

Global models 5

TripActions (Navan)
United States · navan.com ↗
AI-driven corporate travel and expense management platform, the largest VC-backed global comparable to Aervio's model.
$3.1BComparable
TravelPerk
Barcelona-based corporate travel management platform directly comparable to Aervio, targeting business travel booking and management.
$700MComparable
Deem
United States · deem.com ↗
Corporate travel and expense management software with automated booking tools, similar enterprise travel focus.
$220MComparable
Yokoy
Switzerland · yokoy.io ↗
AI-powered spend and travel management platform for businesses, similar automation-first approach to corporate travel/expense processes.
$100MComparable
Cytric (by American Express GBT)
Enterprise travel management technology platform serving a similar corporate TMC function as Aervio.
$1.3B (GBT total raised)Comparable

Investors 2

Palladium Corporate Ventures
Investor Spain
TheVentureCity
www.theventure.city
Investor United States

Funding rounds

No announced rounds on record.

News & media 1

PublishedArticle
2025-04-16 Italy-based BizAway acquires Spain's Aervio ↗
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