Tech Company Financing Transactions
TripActions Funding Round
On 12/8/2022, TripActions raised $400 million in investment from Goldman Sachs and Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
12/8/2022
Transaction Type
Debt
Amount
$400,000,000
Round
Undisclosed
Investors
Goldman Sachs (Ward Waltemath)
Silicon Valley Bank (Victoria Regan)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1501 Page Mill Rd. Building 1
Palo Alto, CA 94304
USA
Palo Alto, CA 94304
USA
Phone
Website
Email Address
Overview
As business travelers and road warriors ourselves, we knew that the existing infrastructure is simply not delivering the ease of use that we've all grown accustomed to in other areas of our lives. TripAction's first priority was to modernize corporate travel with fully mobile booking, live itineraries and 24/7 phone support.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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