Tech Company Financing Transactions
TripActions Funding Round
TripActions, operating out of Palo Alto, received $500 million in investment from Silicon Valley Bank, Comerica Bank and Goldman Sachs.
Transaction Overview
Company Name
Announced On
2/26/2020
Transaction Type
Debt
Amount
$500,000,000
Round
Undisclosed
Investors
Silicon Valley Bank (Lead Investor) (Victoria Regan)
Comerica Bank (Sunita Patel)
Goldman Sachs (Ward Waltemath)
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ariel Cohen
Chief Financial Officer
Thomas Tuchscherer
Chief Marketing Officer
Meagen Eisenberg
Chief Technical Officer
Ilan Twig
Vice President
Daniel Finkel
VP - Customer Service
Ciara Govern
VP - Customer Service
Timothy Milliron
VP - General Counsel
Sai Jahann
VP - Human Resources
Leslie Crowe
VP - Operations
Nina Giovannelli
VP - Product Management
Anique Drumright
VP - Sales
Carlos Delatorre
VP - Sales
Rich Liu
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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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