Navisteps raises $1M to develop its corporate travel technology
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
Classifications
industries
Travel
applications
Accounting and Taxes
AskAI Classifications
Labels
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