Perk

www.travelperk.com ↗ ·Barcelona ·Series E

Perk (formerly TravelPerk, rebranded November 2025) is an AI-native business travel and spend management platform that combines flight/hotel/rail booking, expense management, corporate cards, invoices and events in one system for SMB and mid-market companies. Founded in Barcelona in 2015 by ex-Booking.com operators, it became a unicorn in 2022 and in January 2025 raised a $200M Series E at a $2.7B valuation (co-led by Atomico and EQT Growth) while acquiring Swiss spend-management company Yokoy; it had earlier acquired Click Travel, NexTravel and AmTrav. It now has 1,800+ employees across ~12 offices; since the November 2025 rebrand it lists dual headquarters in London and Boston, though Barcelona remains its largest hub and product/engineering base.

Founded
2015
Founders
3
Total funds raised
$1.15B
Rounds
9
Investors
26
Last round
Jun 2026
SectorsTravel & Hospitality, Business Travel Management, Enterprise Software / SaaS, Expense & Spend Management, Fintech, AI & Data Start-up MapTravel & Hospitality › Corporate & group travel management

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Founders

Avi Meir
Co-Founder & CEO
Javier Suarez
Co-Founder (former Chief Product Officer)
Also at Oli →
Ron Levin
Co-Founder

Global models 5

Ramp
United States · ramp.com ↗
Sells an all-in-one spend management platform to SMB and mid-market companies, with corporate cards, expenses, bill pay and a built-in travel booking product, and earns mainly from card interchange and software fees.
$2.3BComparable
Navan
United States · navan.com ↗
Formerly TripActions; the closest match, combining corporate travel booking with expense management and corporate cards in one platform for businesses, and earning from booking fees, subscriptions and card interchange.
$2.2BComparable
Brex
United States · www.brex.com ↗
Offers corporate cards, expense management, bill pay and integrated business travel booking to start-ups and mid-market companies, earning from interchange and software subscriptions.
$1.5BComparable
Pleo
Denmark · www.pleo.io ↗
A European spend management platform for SMBs that pairs company cards with expense, invoice and reimbursement handling, and charges a SaaS subscription plus interchange.
$430MComparable
Spendesk
Sells SMB and mid-market companies a spend management suite with virtual and physical cards, expenses and invoice processing, the same product Perk built out after buying Yokoy.
$280MComparable

In the same niche 7 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 26

Open as list →
Spark Capital
sparkcapital.com
4 rounds, led 1 · 2016–21 United States
Target Global
targetglobal.vc
4 rounds, led 1 · 2018–21 United Kingdom
Atomico
atomico.com
Led Series E 2025 United Kingdom
SoftBank Vision Fund 2
visionfund.com
Led Series D 2024 United Kingdom
LocalGlobe
localglobe.vc
4 rounds · 2016–21 United Kingdom
General Catalyst
www.generalcatalyst.com
2 rounds · 2021–25 United States
EQT
eqtgroup.com
Series E 2025 Sweden
Noteus Partners
noteuspartners.com
Series E 2025 France
14W
www.14w.com
Investor United States
Felix Capital
5 rounds, led 1 · 2018–24 United Kingdom
5 rounds, led 1 · 2018–25 Sweden
Blue Owl Capital
2 rounds, led 1 · 2024–26 United States
Greyhound Capital
Led Series D 2021 United Kingdom
Neuberger Specialty Finance (Neuberger Berman)
Led Venture Debt 2026 United States
Amplo
3 rounds · 2018–21 United States
Sunstone Capital (now Heartcore)
3 rounds · 2016–18 Denmark
DST Global
2 rounds · 2019–21 Russia
Heartcore Capital
2 rounds · 2019–21 Denmark
Blackstone Credit & Insurance
Venture Debt 2024 United States
Gillian Tans
Series D 2021 Netherlands
Hercules Capital
Venture Debt 2026 United States
Joel Cutler
Series D 2021 United States
Venture Debt 2026 HQ unknown
Tom Stafford
Series C 2018 United Kingdom
Yuri Milner
Series C 2018 HQ unknown
Sequoia Capital
Investor United States

Funding rounds 9

DateRoundAmountLead
PublishedArticle
2026-11-02 Dealflow #533: Gameto (Varsavsky) $1.4B deal. Lightspeed's 3rd investment in Spain (XploreAI). Perk expects $450M in revenue this year. ↗
2026-09-10 Spain's top-funded tech companies in H1 2026 ↗
Tech.eu
2026-09-10
2026-09-07 Dealflow #525: iPronics raised $125M from Nvidia. Factorial acquires German startup. Perk nears $400M in revenue. ↗
Dealflow.es Newsletter
2026-09-07
2026-08-16 El espejismo de los unicornios: ¿estamos midiendo bien el éxito en el sector tecnológico? ↗
El Español / Invertia Disruptores
2026-08-16
2026-07-15 Perk launches MCP connector as part of push to eliminate 'shadow work' ↗
PhocusWire
2026-07-15
2026-06-04 Perk secures $300M in finance for product and technology investment ↗
PhocusWire
2026-06-04
2026-01-29 Inside the numbers: Ten countries leading Europe's tech investment in 2025 ↗
Tech.eu
2026-01-29
2025-11-04 TravelPerk rebrands as Perk for 'next phase' of growth ↗
Business Travel News Europe
2025-11-04
2025-04-24 Revolut and TravelPerk backers warn of market volatility in wake of Trump tariffs ↗
Sifted
2025-04-24
2025-01-28 General Catalyst doubles down on TravelPerk in $200m Series E ↗
Sifted
2025-01-28
2024-12-16 Avi Meir, TravelPerk Co-founder and CEO — Most Influential People in Business Travel 2024 ↗
Business Travel News
2024-12-16
2024-06-18 SoftBank-backed TravelPerk acquires US rival AmTrav, bags $135 million for expansion ↗
CNBC
2024-06-18
2024-01-22 Business travel management platform TravelPerk raises $104M ↗
TechCrunch
2024-01-22
2022-01-27 Avi Meir, TravelPerk's CEO: "Barcelona offers a great mix of professional opportunities and a high quality of life" ↗
Catalonia Trade & Investment
2022-01-27
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