Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Events
    • Technology Events in Europe
    • Submit your event
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Events
    • Technology Events in Europe
    • Submit your event
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Spain’s TravelPerk gears up as the business travel market recovers; acquires UK-based Click Travel

Vishal Singh by Vishal Singh
July 6, 2021
in News, Travel & Mobility
TravelPerk

TravelPerk CEO and co-founder, Avi Meir | Image credit: TravelPerk

63
SHARES
LinkedInTwitterWhatsAppFacebook

Barcelona-based TravelPerk, a travel management platform, has announced today that it has acquired UK’s corporate travel company, Click Travel. The investment from Baupost Group, a Boston-based investment manager, provided the funds to TravelPerk for this acquisition.

Click Travel is TravelPerk’s third and largest acquisition. Prior to this, TravelPerk accelerated its growth in the US market by the integration of risk management startup Albatross in July 2020, and the acquisition of the US business travel platform NexTravel in January 2021.

- Partner content -
digital skills dutch workforce
Salesforce’s report on Dutch workforce’s digital skills
Has the Dutch workforce mastered all digital skills? Find out
Has the Dutch workforce mastered all digital skills? Find out Show Less
Read more

About Click Travel 

Based in Birmingham, UK, Click Travel was founded in 1999 by James McLean and Simon McLean. Click Travel is a travel management company that reduces the cost and complexity of business travel management through the use of technology. It provides booking services for hotels, rail, and air travel, plus also support for meetings and events.

Its tech-led solution makes it easy for businesses to enforce travel policy, control costs, and analyse their spend – in short, helping them to bring down their costs and simplify booking and management for their staff.

The company has over 2,000 business clients including Five Guys, Red Bull, and Talk Talk.

Speaking on the development, James McLean, CEO of Click Travel, says, “Click Travel and TravelPerk share the same mission: to reduce the cost and complexity of business travel for everyone involved. Combining TravelPerk’s industry-leading knowledge, technology, experience and first class customer support with our own is a powerful proposition and we can’t wait to get started.”

Aim of this acquisition

This development will see Click Travel’s UK market expertise and customer base combine with TravelPerk’s inventory and suite of products with an aim to provide a 7-star experience for business travelers during and after the Covid-19 pandemic. Besides, TravelPerk will also absorb Click Travel’s team of 150 employees, its technology, and its customer base.

According to TravelPerk, even during the pandemic the company continued to scale and grow and didn’t involve any layoffs, unlike many other businesses in the sector. 

On this development, Avi Meir, CEO and co-founder of TravelPerk, says, “Click Travel’s team will help us build long term growth and significantly expand our on-the-ground team in the UK. We’re now not just the dominant player in the UK, we’re the leading travel management platform for SMBs globally and the only major travel platform keeping a laser focus on the tech-driven solutions that will stand the test of time.” 

Meir adds, “There is no doubt that the business travel market is on track for a full recovery after the disruption of the last year. The meetings that matter will always happen in person and we are already seeing plenty of green shoots in our key markets.”

Business travel management made easy

Founded by Avi Meir, Javier Suarez, and Ron Levin in 2015, TravelPerk is a business travel platform that aims to combine the best of business and leisure travel to provide its customers with a platform for booking, managing, and reporting business trips, using its proprietary technology.

The TravelPerk platform allows travellers to seamlessly compare, book, and invoice trains, cars, flights, hotels, and apartments from a range of providers including Kayak, Skyscanner, Expedia, Booking.com, and Airbnb. By doing so, the company believes it offers business travellers unparalleled freedom and flexibility while providing companies with control over their travel spend.

Some of its clients include TransferWise, Revolut, Monzo, Farfetch, and the US rugby association.

The company is backed by investors like DST, Kinnevik, Target Global, Felix Capital, Greyhound Capital, Spark Capital, Heartcore, LocalGlobe, Amplo, and 14W.

Here’s what TravelPerk’s been upto 

Earlier in May 2021, the company raised €131.9M in its Series D funding, taking the total amount raised to $294M, to date. The raised capital enabled TravelPerk to focus on its growth in the US and Europe. 

Besides, it also helped the company further develop its innovative solutions for travel such as GreenPerk, a sustainability solution which lets companies offset 100 per cent of their business travel carbon emissions and provide real-time, actionable information on their company’s carbon impact; FlexiPerk, the industry-first flexible booking tool that manages last-minute cancellations and guarantees 80 per cent of the trip refunded.

In October 2020, TravelPerk launched the company’s first standalone service, TravelSafe API. The company’s API allows any travel provider to supply its customers with real-time insights on COVID-19 travel restrictions, including point-to-point travel information, travel documents, local transmission levels, local guidelines, airline safety measures, and more.

 - Partner content -
How cybersecurity scaleup Intigriti conquered the world?
How cybersecurity scaleup Intigriti conquered the world?
Catch our interview with Paul Down, Head of Sales at Intigriti.
Catch our interview with Paul Down, Head of Sales at Intigriti. Show Less
Read more
Tags: acquisitionfeaturednewstravel
Share4Tweet16SendShare25

Featured events

Current Month

may

28apr(apr 28)12:1331may(may 31)12:13FeaturedApplications for Techleap.nl’s Rise Batch 8 are open now

Techleap

Event Details

Are you an ambitious scaleup operating out of the Netherlands? Accelerate your growth with Techleap.nl’s Rise programme. Join their Batch #8!

Event Details

Are you an ambitious scaleup operating out of the Netherlands? Accelerate your growth with Techleap.nl’s Rise programme. Join their Batch #8!

Rise is an exclusive programme for serious tech players. In a trusted environment, scaleup founders share and discuss their growth challenges during tailor-made sessions with experienced entrepreneurs and scaling experts. Every quarter we select 10 companies to join the programme. It’s free, and we don’t seek equity. Check now if your company is eligible!

About Techleap

Techleap.nl’s programmes connect founders with scaling icons, industry experts and fellow tech entrepreneurs. It’s your chance to share challenges and hurdles with peers and established CEOs, and as a result, create favourable growth conditions for your business and overcome looming obstacles on your entrepreneurial path.

If you have any questions about the programme or the application process, please contact the Rise Batch Manager – Peter-Jan Kok at [email protected].

Apply here.

more

Time

April 28 (Thursday) 12:13 - May 31 (Tuesday) 12:13

Learn More

CalendarGoogleCal

CIRCL, AmsterdamGustav Mahlerplein 1B, 1082 MS Amsterdam, Netherlands

19may13:3018:00Featured5th Tech Summit: Get Ready for Exponential International Growth

Event Details

The Tech Summit yearly attracts >100 SaaS executives and PE/VC investors from all over the Netherlands. Several presentations and break-outs are filled with actionable thought leadership. Networking breaks

Event Details

The Tech Summit yearly attracts >100 SaaS executives and PE/VC investors from all over the Netherlands. Several presentations and break-outs are filled with actionable thought leadership. Networking breaks allow participants to connect with industry peers, exchange best practices and have a good time.

For more information and to register for the summit, please click here.

more

Time

(Thursday) 13:30 - 18:00

Location

CIRCL, Amsterdam

Gustav Mahlerplein 1B, 1082 MS Amsterdam, Netherlands

CalendarGoogleCal

june

Taets Art and Events ParkHemskade 16, 1506 PR Zaandam

16junAll Day17FeaturedTNW Conference

Event Details

Join TNW Conference in Amsterdam on June 16 & 17 to all you need to know about the latest market killers and breakout tech, connect with the industry’s who’s-who, and

Event Details

Join TNW Conference in Amsterdam on June 16 & 17 to all you need to know about the latest market killers and breakout tech, connect with the industry’s who’s-who, and turn your business meetings upside down on our ferris wheel… With endless networking opportunities, the world’s boldest voices, and unrivaled party vibes, this year’s TNW Conference will be off the charts!

Time

june 16 (Thursday) - 17 (Friday)

Location

Taets Art and Events Park

Hemskade 16, 1506 PR Zaandam

Learn More

CalendarGoogleCal

Partner content | Work with us

European Startups can expand to Asia through the South Korean Government’s K-Startup Grand Challenge

Running a small business? These 5 tips can create a domino effect of productivity across your entire company

Triller acquires Dutch DJ Sam Feldt’s Fangage to expand its platform for creators

Sweden’s Gimi partners with Dutch bank ABN AMRO to help young people manage and understand their finances

Calling all startups aiming to test their mobility innovations in the real world: Mobility Lab 2022 registration is now open

Silicon Canals | Jobs


Breaking news from Amsterdam | Partner

Amsterdam-based Katanox raises €5.48M; appoints former MD of Google Travel as non-executive director

Rockstart and Ørsted launch accelerator programme for renewable energy startups as part of new Dutch-based Innovation Hub

Amsterdam-based Gain.pro raises €9.6M to provide critical insights of private companies and their markets

Amsterdam-based skills management software platform AG5 secures €1.2M from Peak to close the skills gap

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2022 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Events
    • Technology Events in Europe
    • Submit your event
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact

Silicon Canals 2014-2022 | Website: Bright Idiots

Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Silicon Canals
Manage your privacy

To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.

Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Statistics

Marketing

Features
Always active

Always active
Manage options Manage services Manage vendors Read more about these purposes
Manage options
{title} {title} {title}
X
X