COMPANY INTELLIGENCE
Perk (TravelPerk)
Business-travel and expense-management platform formerly known as TravelPerk.
The Company
Perk, formerly TravelPerk, provides a platform for booking, managing and paying for business travel. It has expanded from travel booking into a broader travel-and-expense workflow.
The company raised $200 million in a January 2025 Series E at a reported $2.7 billion post-money valuation. In 2026 it announced a $300 million private credit facility, which is financing rather than a new equity valuation.
Why It Matters
Perk is a useful private-market benchmark for software that sits between employee experience, travel supply and the finance stack. Its ability to attach expense management and maintain growth through travel cycles will determine whether it can support a broad operating-system narrative.
Valuation History
- $1B+→2022Unicorn valuation
- $2.7B→Jan 2025$200M Series E
What Changed
TravelPerk raised $200M at a $2.7B post-money valuation and acquired Yokoy.
The company rebranded as Perk and announced a $300M credit facility.
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