TripActions

Enterprise, Travel
Deep Learning Machine Learning Natural Language Processing

Business Overview

TripActions is the leading business travel platform that empowers companies and travelers to show up and create growth. Nothing can truly replicate the value of being there face-to-face –– which is why we’re on a mission to power the in-person connections that move people, ideas and businesses forward.

Companies deserve a travel solution that takes the pain out of work trips so that their travelers can focus on being there, not getting there. With a vast selection of inventory and a personalized, intuitive user interface, we make booking travel fast and easy. And when changes or delays come up, road warriors get 24/7 proactive support to ensure they never have to fend for themselves. Companies enjoy complete travel program visibility and seamless integrations with their HR and expense systems.

With 97% traveler satisfaction, learn more about why customers like Box, Foursquare, Allbirds and Strava have made the switch to TripActions at www.tripactions.com

Operating Status
Active
Founded
May 2015
Employees
735
Business model
B2B
Offering type
Software
Business stage
Launched
Revenue status
Revenue Generating
Funding stage
Series E
Total funding
$618 Million
Sectors
Enterprise, Travel

Founders

TripActions
Ariel Cohen
CEO
Serial Entrepreneur
TripActions
Ilan Twig
CTO
Serial Entrepreneur

Board Members and Advisors

TripActions
Ben Horowitz
Board Director
TripActions
Arif Janmohamed
Board Director
TripActions
Dovi Frances
Advisor

Funding Rounds

Calculated as the average ratio between the current funding round amount raised and the previous funding round amount raised. Note that 'plus' rounds are summed together. i.e. Series A = Series A and Series A+.
Funding Growth Multiple
2.8x

New wpDataTable

Date Announced

Funding Round

Amount Raised

Investors

AI Technology Stack

AI Description

Next-generation booking technology that uses machine learning and remembers booking preferences. A customized booking experience for each traveler which uses machine learning technology to reduce the time to book each trip from hours to a few minutes.

TripActions’ AI-driven platform alerts TripActions’ 24/7 team of agents of an issue and suggests alternatives automatically. In turn, TripActions agents proactively reach out to a traveler via chat, SMS or phone with solutions that get the traveler to their destination as painlessly as possible.

AI employees
10
AI types
Deep Learning, Machine Learning, Natural Language Processing
AI algorithms
Clustering, Convolutional Neural Network (CNN)
AI tasks
Image Classification, Recommendation System, Segmentation, Text Classification
AI tools
TensorFlow
Coding
Python

Patents

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Startup Snapshot

Total funding
$618 Million
Operating Status
Active
Founded
May 2015
Funding stage
Series E

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