TravelPerk

About TravelPerk

Founded in 2015 and based in Barcelona, TravelPerk is a leading global travel & expense management platform, and the largest independent provider in Europe. It offers a centralized solution for booking flights, accommodations, car rentals, and trains.

Their vast inventory is globally integrated yet locally optimized including 3m+ properties, 400 airlines, and 120 carriers. Alongside that,AI-powered expense automation capabilities and 24/7 customer support contribute to its high NPS score with customers. Serving 8,000+ SMB and mid-market companies, TravelPerk boosts budget compliance above 90%, unlocks preferred rates with flexible policies, and saves 20–40 hours of admin work per week.

In addition, TravelPerk enhances sustainability visibility and streamlines invoicing and spend control within a single technology platform.

Market trends and drivers

The business travel industry is changing fast, driven by digitalization, AI-powered automation, sustainability visibility, and the growing need for seamless expense management. SMBs and mid-market companies want smarter, more efficient ways to book, manage, and track travel—without the hassle of outdated systems. With corporate travel bouncing back post-pandemic and 50%+ of SMBs still handling trips manually, there’s a massive $200 billion market opportunity​ in TravelPerk’s core segments alone. TravelPerk is leading this shift by eliminating inefficiencies, improving compliance, and helping businesses save time and money. Plus, with sustainability becoming a bigger priority, TravelPerk’s visibility tools give companies the insights they need to travel smarter​

Investment potential

EQT Growth will support TravelPerk’s next phase of expansion, leveraging EQT’s presence in 25+ countries. With in-house digital expertise and a vast network of industrial advisors, EQT Growth will help TravelPerk strengthen its leadership in core segments and advance further AI-driven automation. EQT Growth will also support new go-to-market strategies of TravelPerk’s unified travel and expense platform. Additionally, EQT Growth will guide the Company’s US expansion, scaling both product and organization, while leveraging its M&A expertise to evaluate inorganic growth opportunities and advise on capital market initiatives.