Andreessen Horowitz leads $154 million investment in business travel start-up TripActions, at over $1 billion evaluation

Business 365

Corporate travel management business TripActionshas raised a massive $154 million in a series C round of financing led by Andreessen Horowitz, with involvement from Lightspeed Endeavor Partners, Zeev Ventures, and SGVC.This takes

the business’s overall financing to $236 million and bestows upon it an evaluation of more than $1 billion, according to a business spokesperson.Founded in 2015, Palo Alto-based TripActions pitches itself as an end-to-tend travel-management business, providing access to a greater choice of hotels, flights, automobile hire services, and associated travel services, all with the promise of” unique”prices.Tying into this, the TripActions app provides a direct

artery to round-the-clock assistance personnel in case of flight delays or other problems– basically conserving employee the inconvenience of having to manage such incidents themselves. If a flight is cancelled, for example, TripActions can instantly sort things out and keep you notified. Above: TripActions: In-app messaging In its 3 years so far, TripActions…

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Inside the ‘World Cup of E-sports’ – Bloomberg

Two squads battled it out at a 50,000-seat stadium in the South Korean city of Incheon. Photography by Jean Chung
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