Series E · Travel tech

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

Funding history

Series E · This round$200M

Sources

  1. Perk raises $200M Series E and acquires Yokoyperk.com · Jan 28, 2025