Business travel SaaS startup, TravelPerk, has announced it’s more than doubled the $44M Series C round we wrote about just nine months ago — taking in a further $60M from its existing investors, which brings the round to $104M, and the business’ total raised to date to $134M.
Investors increasing the size of their Series C commitment are Kinnevik, partners of DST Global, Target Global, Felix Capital, Sunstone, and LocalGlobe.
A mere three years ago the 2015-founded, Barcelona-based startup had bagged a $7M Series A — with a pitch to take the pain out of business travel booking.
Since then it’s been on a major growth tear. Co-founder and CEO Avi Meir says this momentum is behind the Series C expansion.
“We grew faster than