Rocketrip
AcquiredRocketrip 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
- Website
- rocketrip.com
- 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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Sep 2020
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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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