Skip to content

TripActions Tops $7 Billion in Value After Latest Funding Round

TripActions Inc. raised $275 million in its latest funding round even after the corporate travel manager’s revenue evaporated when business bookings shut down during the Covid-19 pandemic.

The funding brought its valuation to $7.25 billion, the closely held company said Wednesday in a statement. The technology startup raised $155 million in January and said it has raised $1.3 billion since being founded in May 2015.