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TravelPerk raises $200M as valuation nearly doubles to $2.7B
TravelPerk has raised $200 million at a $2.7 billion valuation -- double the $1.4 billion valuation at its previous fundraise last year.
In September, news emerged that Denver-based Engine, which focuses on hotel bookings, flights, car rentals, and meeting spaces, had raised $140 million at a $2.1 billion valuation. “Our focus has never been stronger as we expand across core markets, accelerate growth in the U.S., and now work to become the number one travel and expense management platform,” TravelPerk co-founder and CEO Avi Meir (pictured above) said in a statement. TravelPerk’s Series E round was led by European venture capital firm Atomico, with participation from EQT Growth, Noteus Partners, Kinnevik, General Catalyst, among other existing investors.
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