Navisteps raises $1M to develop its corporate travel technology

Funding Rounds

Summary

The company says its platform will make the whole travel and expense management process smoother. It is also partnering with Traveloka, giving Navisteps access to direct partnerships with global travel suppliers for flights and accommodation. Ken Tan, co-founder, Navisteps, says, "While expense and travel management solutions are not new, they traditionally target large enterprises. We hope to bring the benefits of expense and travel management solutions to small and medium-sized enterprises (SMEs) through a subscription-based pricing model." The startup is also planning new features for 2021 including last-minute trip cancellation, analytics for expenses and partner integrations.

$ Funding

$
Amount $1.0M Total raised
Date December 22, 2020 Announcement date
Investors - Lead investors
Company https://www.navisteps.com/ Funded company

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industries
Travel
applications
Accounting and Taxes

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