Rocketrip

Acquired

Rocketrip helps companies save money on travel expenses by aligning…

New York, United States · $27.0M raised

Headquarters
New York, New York
Employees
51–200
Business Model
B2B
Total Funding
$27.0M
Last Round
$15.0M Series CJan 2018
Rounds
3
Acquisition Date
Sep 2020

About

Rocketrip cuts a company’s travel costs by incentivizing employees to spend less on their trips. When employees get to keep a portion of the savings they generate, they start to treat the company’s money like it’s their own. Rocketrip’s software combines real-time travel prices, company policy, and a suite of patented algorithms to set customized budgets and predict what a trip should cost. Business travelers beat their budgets by making cost-conscious choices like booking in advance, selecting a cheaper hotel, or staying with friends. The company saves money, and the employee earns actual rewards. Rocketrip provides comprehensive reporting and seamlessly integrates into any existing corporate and expense technology stack. If you want to rein in business travel costs while improving corporate culture, visit rocketrip.com

Summary

Rocketrip is a Travel & Hospitality company based in New York, United States. It has raised $27.0M in total across 3 rounds, most recently a $15.0M Series C round in Jan 2018. Investors include Canaan Partners, GV and Genacast Ventures.

Tech & App Stack

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Funding History

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AcquisitionSep 2020

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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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