OverviewSuggest Edit

TripActions is a travel management company for businesses and business travelers. The company offers an end-to-end AI-driven platform that combines booking technology, an inventory of travel options and a 24/7 customer support infrastructure. Its travel platform includes a dashboard for travel management reports, savings information, itinerary details and rewards programs.

TypePrivate
Founded2015
HQPalo Alto, CA, US
Websitetripactions.com
Employee Ratings3.5
Overall CultureA+

Latest Updates

Employees (est.) (Apr 2021)588(-19%)
Job Openings155
Cybersecurity ratingAMore

Key People/Management at TripActions

Ariel Cohen

Ariel Cohen

CEO & Co-Founder
Ilan Twig

Ilan Twig

CTO & Co-Founder
Carlos Delatorre

Carlos Delatorre

Chief Revenue Officer
Meagen Eisenberg

Meagen Eisenberg

Chief Marketing Officer
Thomas Tuchscherer

Thomas Tuchscherer

Chief Financial Officer
Ciara Govern

Ciara Govern

Chief Customer Officer
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TripActions Office Locations

TripActions has offices in Palo Alto, Dallas, New York, San Francisco and in 4 other locations
Palo Alto, CA, US (HQ)
1501 Page Mill Rd
Dallas, TX, US
Renaissance Tower, 1201 Elm St suite 5400, 54th floor
New York, NY, US
408 Broadway Floor 4
San Francisco, CA, US
353 Sacramento St 12th floor, San Francisco
Seattle, WA, US
107 Spring St Floor 3, Suite 16
Sydney, AU
level 13/207 Kent St
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TripActions Financials and Metrics

Summary Metrics

Founding Date

2015

TripActions total Funding

$640.5 m

TripActions latest funding size

$155 m

Time since last funding

4 months ago

TripActions investors

TripActions's latest funding round in January 2021 was reported to be $155 m. In total, TripActions has raised $640.5 m. TripActions's latest valuation is reported to be $5 b.
View all funding rounds

TripActions Revenue

Market valuation

5.0b
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TripActions Operating Metrics

TripActions's Customers was reported to be 4 k in Feb, 2020.
Jun, 2019Feb, 2020

Annual Travel Budgets

$1.1 b

Customers

2 k4 k
Show all operating metrics

TripActions Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

TripActions Online and Social Media Presence

Embed Graph

TripActions Company Culture

  • Overall Culture

    A+

    90/100

  • CEO Rating

    A+

    96/100

  • Compensation

    A+

    90/100

  • Diversity

    A+

    88/100

Learn more on Comparably

TripActions News and Updates

TripActions raises $155M to help companies manage workers’ business trips

TripActions Inc., the startup behind a cloud service of the same name for managing business travel, today announced that it has raised a $155 million funding round led by Andreessen Horowitz, Addition Ventures and venture capitalist Elad Gil. The round values TripActions at $5 billion.  TripActions…

TripActions raises $155M at $5B valuation as corporate travel recovers from pandemic lows

This morning TripActions, a software company whose tools help businesses book and manage corporate travel, announced a new $155 million investment. Three investors led the round: prior investor Andreessen Horowitz, Addition Ventures, and Elad Gil. The new investment, a Series E, values TripActions a…

Israeli business travel platfrom TripActions takes on $155 million to prepare for post-pandemic growth

TripActions has raised $155 million in Series E growth funding, ballooning the company’s valuation to $5 billion. This is the travel company’s second massive funding round during the pandemic, adding to the $125 million convertible-to-IPO financing from June 2020. The Israel-born company says its ra…

TripActions raises $155 million to help enterprises analyze travel and expense data

TripActions, a business travel and expense management platform that offers real-time data and insights, has raised $155 million.

After a horrible 2020, TripActions is now valued at $5 billion. CEO Ariel Cohen tells us how it rebounded.

Summary List PlacementIn the spring of 2020, the pandemic forced the world to stay in one place. Travel plummeted to record lows, and the travel industry scrambled to survive. TripActions, a corporate travel startup, was forced to lay off 296 employees and slash its spending. But the company is st…

Covid-19 Nearly Killed $4 Billion Corporate Travel Startup TripActions. Now It Has A $125 Million Lifeline.

As Covid-19 pummelled travel startups, TripActions secured $125 million to keep the company afloat, even after taking a 95% revenue hit.
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TripActions Blogs

ATPCO Interviews Danny Finkel: Customers and Travelers Just Want More Choice

ATPCO recently sat down with TripActions VP of Booking Experience and Supplier Strategy Daniel Finkel to get his views on NGS, why the world of corporate travel needs it, and where the airline industry is trending because of it.

The Key to Corporate Hotel Savings in Travel Management Programs

Travel managers know that visibility into business travel trends helps them make smarter decisions and book the best corporate hotel rates. Here are a few reasons why you should consider traveler buy-in and adoption when optimizing for savings.

A Look Inside Our MAC Boston Event

From the tropical treats to the enlightening customer content, here's a look at what went down at our exclusive MAC Boston event.

Time Flies When You’re Reinventing Business Travel: Celebrating 4 Years of Supporting Our Customers

As we look back on the past four years since TripActions was founded, we humbly thank our customers, partners, and dedicated employees. Here's a look at what we've all accomplished together so far.

How Artificial Intelligence is Transforming Business Travel

TripActions Head of Product Anique Drumright discusses why an AI-powered solution employees love offers the clearest path to a more effective travel program.

The Corporate Travel Program Checklist Every Business Needs

Ensuring business travel actually influences your bottom line, while also taking care of your travelers, means implementing a corporate travel program that checks all the right boxes. From choice to personalization, this 5-point checklist covers all the fundamentals.
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TripActions Frequently Asked Questions

  • When was TripActions founded?

    TripActions was founded in 2015.

  • Who are TripActions key executives?

    TripActions's key executives are Ariel Cohen, Ilan Twig and Carlos Delatorre.

  • How many employees does TripActions have?

    TripActions has 588 employees.

  • Who are TripActions competitors?

    Competitors of TripActions include SAP Concur, Rocketrip and CWT.

  • Where is TripActions headquarters?

    TripActions headquarters is located at 1501 Page Mill Rd, Palo Alto.

  • Where are TripActions offices?

    TripActions has offices in Palo Alto, Dallas, New York, San Francisco and in 4 other locations.

  • How many offices does TripActions have?

    TripActions has 8 offices.