Palo Alto, CA – According to filings with the U.S. Securities and Exchange Commission, TripActions is raising $361,999,922.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ariel Cohen played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About TripActions
Fast becoming the default for corporate travel and spend management, TripActions is the leading cloud-based T&E platform that combines industry-first technology with best-in-class travel agency service. Trusted by travel managers and finance teams alike at more than 5,000 companies globally, TripActions leverages real-time data to keep traveling employees safe, control costs, and save time. TripActions investors include such visionaries as Andreessen Horowitz, Lightspeed Ventures, GreenOaks Capital, Zeev Ventures, and entrepreneurs Lee Fixel and Elad Gil. In January 2021, TripActions announced its Series E funding of $155M at an upround valuation of $5B to help accelerate future growth plans. At TripActions, were never satisfied with the status quo, and we know breakthrough ideas come from diverse perspectives. We are committed to cultivating a workplace that reflects the diversity of the customers we serve while fostering leadership and innovation. All voices are valued here and you’ll have the resources, tools, and training you’ll need to do the best work of your life.

To learn more about TripActions, visit http://tripactions.com/

Contact:
Ariel Cohen, Chief Executive Officer
650-988-8500
ariel@tripactions.com
https://www.linkedin.com/in/arielmcohen/

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