TravelPerk Raises $200M in Series E; Acquires Yokoy

▤ Summary

TravelPerk, a Barcelona, Spain-based provider of a business travel platform, raised $200M in Series E funding, at $2.7 Billion valuation. The round was led by Atomico, alongside EQT Growth, with participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. Hillary Ball, Partner at Atomico, will join TravelPerk’s Board of Directors. The company intends to use the funds to further accelerate growth with continued expansion into the US market (following the acquisition of AmTrav in 2024) alongside investments into product, technology and AI. The company also announced today its acquisition of Yokoy, market-leader in Europe for AI-powered expense, invoice, and card payment processing.

▦ Linked Companies