What started as a dream in 2015 is today’s one of the world’s largest corporate travel companies in the world with more than 1000 employees and 10 offices spread across 4 countries. TripActions was started by Ariel Cohen and Ilan Twig after having faced the pitfall of business travel. During the first year of being founded, the company managed to receive a funding of $4 million during a seed round which was led by Zeev Ventures and had participation from Dovi Frances and Lightspeed Venture Partners.
The following year, TripActions received another round of funding led by Oren Zeev Ventures and Lightspeed Venture Partners with participation from Group 11 which amounted for $14.6 million. in the year 2017, the company managed to get a seed funding led by Lightspeed with participation from Zeev Ventures and Group 11 of amount $12.5 million.
Today, with headquarter in Palo Alto and offices spread across various countries in the world, the company stands at over a billion dollar valuation.