Israeli-Founded Travel Booking Platform Raises $21M
April 16, 2018 | Israeli-founded, Barcelona-based business travel booking and management platform TravelPerk has announced it has raised $21 million in a Series B funding round, according to the company. The round was led by Berlin-based venture capital firm Target Global and London firm Felix Capital. Spark Capital, Sunstone, and Amplo also participated in the round. This brings the company’s total money raised to $30 million. TravelPerk has been ranked the fastest-growing SaaS company in Europe and the fourth fastest-growing globally on the SaaS 1000 list, the statement says, and the company “has built the world’s largest bookable inventory” by integrating not only with hotels, airlines, rail companies, and all the major leisure travel sites. The next-generation platform, founded in 2015 by CPO Javier Suarez, and CEO Avi Meir, who completed his military service in the main technological unit of the Israeli Intelligence Corps, is a free service that also offers 24/7 customer support.