On January 28, 2025, TravelPerk, a business travel platform based in Barcelona, Spain, and Zurich, Switzerland, raised $200 million in Series E funding. The oversubscribed round doubled the company's valuation to $2.7 billion. The funding was led by Atomico and EQT Growth, with participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. TravelPerk was advised by Wilson Sonsini Goodrich & Rosati during the transaction.

The funding will support TravelPerk’s U.S. expansion and drive investments in product development, technology, and AI, aiming to enhance travel and expense management for small-to-medium businesses and mid-market companies.

In conjunction with the funding, TravelPerk also announced its acquisition of Yokoy, a Swiss-based provider of spend management software tailored for global enterprises.

TravelPerk is a SaaS company offering a comprehensive business travel management platform that simplifies and optimizes corporate travel for companies of all sizes. The platform integrates travel booking, expense management, and policy enforcement, all powered by AI and automation.

The Wilson Sonsini team advising TravelPerk on the transaction included Megan Baier, Joshua Bronstein, Amanda Raymond, Amy Lucas, Sam Obenhaus, and Abigail Riddle.

For further information, please refer to TravelPerk’s news release. Additional details can be found on TechCrunch.