Description
TripActions is a comprehensive travel, corporate card, and expense management solution that serves over 8,800 customers worldwide, offering unparalleled visibility and control over spending. The platform is trusted by both finance teams and travelers, utilizing real-time data to ensure the safety of traveling employees, reduce expenditures, and enhance productivity. Backed by notable investors like Andreessen Horowitz, Lightspeed Ventures, and Greenoaks, TripActions secured $275 million in Series F funding in October 2021, reaching a post-money valuation of $7.25 billion to support its growth initiatives. In February 2022, TripActions Group expanded its portfolio by acquiring Berlin-based travel management company Comtravo, followed by the purchase of leading Scandinavian travel agency Resia AB, and earlier, Reed & Mackay in May 2021.
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