
The company "Travelberk", specializing in corporate trips and supported by "Softbank", has doubled its value after attracting new financing. This startup from San Francisco allows companies to manage their employees' trips, attracting $520 million in a financing round of Series E.
In an interview, the main executive director and co-founder of "Travelberk" stated that the pandemic has had a significant impact on the work of companies and the demand for business travel management tools has increased. He noted that the new financing allows the company to double its value and improve offerings for corporate clients.
"This is the last opportunity for us to place a bet on the fact that travel will return, especially in the world of corporate travel," noted the head of the company.