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Barcelona’s TravelPerk acquires US business travel platform NexTravel

TravelPerk, a Spanish company that has grown into a global travel management platform, has acquired US business travel platform NexTravel to accelerate expansion in the US market. Founded in 2013 and launched from Y Combinator in 2015, the Californian startup counts over 700 business clients who book, manage, expense and report employee travel on the platform. As for TravelPerk, the Barcelona-based business spent 2020 future-proofing products to help users navigate travel during the pandemic. After acquiring risk management startup Albatross in July, the team released TravelSafe API. The standalone product makes real-time data on Covid-19 travel restrictions available to the whole travel sector.

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