TravelPerk President on What's Next After Raising $200 Million

TravelPerk is doubling down in the U.S. and starting a major product revamp. 

Those are two reasons why the company recently raised $200 million, according to Jean-Christophe Taunay-Bucalo, TravelPerk president and chief operating officer. 

While the Barcelona-based corporate travel agency offers a platform to book and manage travel, clients have to connect with third-party software if they want expense-management services. Now, TravelPerk is building an expense-management product into its core platform. 

“We really believe that once we merge this platform together and we can offer this choice to the customer, that's going to be a very, very big needle mover in the market, because that's what the customer expects: An all-in-one [travel and expense platform] that can handle the different types of currency and regulation you have in in multiple countries in the world,” Taunay-Bucalo said.

The expense management tech is coming from the startup Yokoy, which TravelPerk acquired recently. 

Skift spoke with Taunay-Bucalo about the company’s plans.

The Decision to Raise More Money

When TravelPerk raised $104 million in 2024, CEO Avi Meir told Skift it hadn’t been the plan, but he changed course so the company could invest in new tech and expand faster. 

Taunay-Bucalo said it was a similar situation this time, and the company was able to identify investors who could help.

“We start all our presentations by saying we want TravelPerk