Perk’s TravelPerk business raised $200 million Series E
The January 2025 financing backed US expansion and investment in travel and expense technology.
TravelPerk, now known as Perk, announced a $200 million Series E on January 28, 2025. Atomico and EQT Growth led the financing, with Noteus Partners, Kinnevik and General Catalyst participating.
The round valued the company at $2.7 billion. It supported US expansion and investment in product, technology and AI.
Alongside the financing, the company acquired Yokoy to bring AI-based expense, invoice and card-payment processing into its travel-management offering.
Use of funds
Expand in the United States
Invest in product, technology and AI