TravelBank
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$10.0m | Series A | ||
$25.0m | Series B | ||
N/A | Early VC | ||
N/A | N/A | Series C | |
* | $200m Valuation: $200m | Acquisition | |
Total Funding | $35.0m |
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EditTravelBank is a comprehensive platform designed to streamline expense management and travel booking for businesses. It primarily serves corporate clients, ranging from small businesses to large enterprises, operating in the business travel and expense management market. The business model revolves around providing a Software as a Service (SaaS) solution that integrates advanced configurations and complex banking requirements to optimize corporate spending. TravelBank generates revenue through subscription fees for its software, transaction fees from travel bookings, and partnerships with financial institutions. The platform offers features such as expense tracking, travel rewards, and seamless integrations with other business tools, making it a one-stop solution for managing corporate expenses and travel needs.
Keywords: expense management, travel booking, corporate spend, SaaS, integrations, banking requirements, travel rewards, subscription fees, transaction fees, business tools.