Perk (formerly TravelPerk)
Funding History
| Series D (extension) · 01/2022 | $1.3B |
|---|---|
| Series D (2024 tranche) · 01/2024 | $1.4B |
| Series E · 01/2025 | $2.7B |
About
Perk (formerly TravelPerk) was founded in 2015 in Barcelona, Spain, by Avi Meir, Javier Suarez, and Ron Levin, with the aim of building an all-in-one platform to make business travel booking and management easier for companies and travelers.
- Founded
- 2015
- CEO
- Avi Meir
- Headquarters
- Boston and London
- Employees
- 1,800+
- Industry
- Travel and spend management
- Ownership Status
- Private
- Most Recent Disclosed Valuation
- $2.7 billion
- Approximate Total Equity + Debt Raised
- ~$660 million (pre-Series E, as of Jan. 2025)
- Website
- perk.com
- Rebrand
- Renamed from TravelPerk to Perk in November 2025
Overview
Perk, known as TravelPerk from its 2015 founding until a November 2025 rebrand, is a Spanish-founded travel and spend management company. It provides businesses with software for booking and managing corporate travel, alongside expense and payment management tools that were substantially expanded after its 2025 acquisition of Swiss expense-software company Yokoy.
The company was founded in Barcelona in 2015 by Avi Meir (who had previously founded Hotel Ninjas, acquired by Booking.com), Javier Suarez, and Ron Levin. It grew through a series of venture financings and a string of acquisitions of rival travel-booking companies in the US and UK, reaching unicorn status (a valuation above $1 billion) in January 2022.
As of its November 2025 rebrand, Perk operates from dual headquarters in Boston and London, with additional business hubs in Barcelona, Birmingham, Edinburgh, Berlin, Chicago, Miami, Munich, and Zurich, and reports more than 1,800 employees. In December 2025 it became a sponsor of the Audi Formula One team.
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