Lola.com vs TripActions
Last updated: February 25, 2020
Lola.com makes managing corporate travel easy, fast and agile.
TripActions takes the pain out of corporate travel management with a complete solution that helps businesses control costs and keep employees happy
Lola.com vs TripActions in our news:
2020 - TripActions secures $500M credit facility for its new corporate travel product
TripActions, a Palo Alto-based, corporate travel-focused unicorn, has secured a new, half-billion-dollar credit facility to help support the launch of its second product line. Called TripActions Liquid, the service helps companies that do not offer corporate cards to workers a way to avoid forcing those employees to use their personal cards to float costs for corporate travel. With TripActions Liquid helping workers avoid taking on company expenses, and the TripActions product theoretically making booking travel itself a less onerous task, this news item could make life less bad for the working corporates among us.
2019 - Corporate travel platform TripActions raised $250M
TripActions, a travel booking service tailored for large enterprises, raised $250 million Series D. Founded in 2015, TripActions is out to replace antiquated travel booking systems with a platform that integrates company HR and expense systems. Using TripActions, business travelers can arrange flights, hotels and transportation, with 24/7 global support from the startup’s staff. TripActions plans to use the cash to accelerate its international expansion. Today, the company has 700 employees with offices in London, Sydney, Amsterdam and more.
2018 - Corporate travel startup TripActions raises $154M
TripActions, one of the most well-capitalized travel startups in Silicon Valley, has raised $154 - yet another round of VC valuing the corporate travel manager at more than $1 billion. TripActions provides a corporate travel platform that integrates with company HR and expense systems. Using TripActions, business travelers can arrange flights, hotels and transportation, with 24/7 global support from the startup’s staff. Dropbox, Lyft, Twilio, Allbirds and Tuft & Needle are among its customers. The company has expanded its platform by adding TripActions Luxe, a VIP program for executive travelers; TripActions’ in-house Meetings & Event solution for group travel; and TripActions’ Guest Invite Portal, designed for HR and recruiting teams. It also recently opened its European headquarters, an engineering and data science hub in Amsterdam, and plans to double down on R&D, AI and machine learning with the fresh investment.