Rocketrip cuts a company’s travel costs by incentivizing employees to spend less on their trips. When employees get to keep a portion of the savings they generate, they start to treat the company’s money like it’s their own. Rocketrip’s software combines real-time travel prices, company policy, and a suite of patented algorithms to set customized budgets and predict what a trip should cost. Business travelers beat their budgets by making cost-conscious choices like booking in advance, selecting a cheaper hotel, or staying with friends. The company saves money, and the employee earns actual rewards. Rocketrip provides comprehensive reporting and seamlessly integrates into any existing corporate and expense technology stack.
Type
Private
HQ
New York, US
Founded
2013
Size (employees)
84 (est)+3%
Rocketrip was founded in 2013 and is headquartered in New York, US
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Key People/Management at Rocketrip

Dan Ruch

Dan Ruch

CEO & Founder

Rocketrip Office Locations

Rocketrip has an office in New York
New York, US (HQ)
14 E 38th St
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Rocketrip Financials and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$32.2 m

Latest funding size

$15 m

Time since last funding

a month ago

Investors

Rocketrip's latest funding round in April 2018 was reported to be $15 m. In total, Rocketrip has raised $32.2 m
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Rocketrip News and Updates

Rocketrip raises $15 million to reward cost-saving employees

If your company lets you expense the nicest hotel when you travel, why wouldn’t you? But what if you got to split the savings with your employer by selecting a less expensive hotel? A New York-based startup called Rocketrip believes most employees will opt to save companies money if they are incenti…

VC-backed Rocketrip taps Figenshu as CFO

New York City-based Rocketrip, a behavioral change platform for reducing corporate travel costs, has named Dan Figenshu as chief financial officer. Previously, Figenshu worked at Mic Network where he was senior vice president of finance. Rocketrip's backers include Bessemer Venture Partners, Canaan …

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