---
title: 'Perk — company profile'
canonical: 'https://feeny.ai/companies/perk'
type: 'company'
updated: '2026-07-02'
---

# Perk

> AI-powered platform for business travel, expenses, invoices, cards, and payments, formerly TravelPerk.

- **Website:** https://www.perk.com/
- **Type:** Private (venture-backed)
- **Headquarters:** London, UK and Boston, MA (dual HQ); founded and still major-office in Barcelona, Spain
- **Founded:** 2015
- **Founders:** Avi Meir, Javier Suarez, Ron Levin
- **Valuation:** ~$2.7B (Series E, January 2025)
- **Total raised:** ~$715M
- **Latest round:** Series E ($200M / ~€191M), January 2025, ~$2.7B valuation
- **Investors:** Atomico, EQT Growth, Noteus Partners, Kinnevik, General Catalyst, Sequoia Capital, SoftBank Vision Fund, Blackstone
- **Business model:** B2B SaaS with tiered subscription platform fees plus a percentage fee on travel bookings; a growing fintech line (corporate cards, payments, expense volume) adds a second revenue engine.
- **Industries:** Travel, Leisure & Tourism
- **Open roles:** 172
- **Profile:** https://feeny.ai/companies/perk

## What they do

Perk gives companies one platform to book business travel and manage the spend around it: expenses, invoices, corporate cards, and payments, with heavy automation to remove manual admin.

## Overview

**The Barcelona travel unicorn that renamed itself Perk and went shopping**

Perk is the company most of the business-travel world still knows as TravelPerk. Founded in Barcelona in 2015 by Avi Meir, Javier Suarez, and Ron Levin, it spent a decade building one of the cleanest booking tools in corporate travel, then in early 2025 raised a $200M Series E at a $2.7B valuation and used the moment to reinvent itself.

The reinvention has two parts. First, it stopped being just a travel company: it bought Swiss spend-management platform Yokoy, and now sells travel, expenses, invoices, cards, and payments as one system. Second, it dropped the TravelPerk name for plain "Perk" and moved its center of gravity to dual headquarters in London and Boston. The pitch underneath all of it is a single idea the company calls shadow work: the hours employees lose to booking, expensing, and chasing approvals, which Perk wants to automate away.

## What They Do

**One platform for the trip, the receipt, the invoice, and the card**

Perk collapses the whole travel-and-spend workflow into a single platform. An employee books a flight, hotel, train, or car from Perk's global inventory, pays on a Perk corporate card, and the expense captures, categorizes, and reconciles itself against company policy without anyone rekeying a receipt.

That end-to-end loop is the product's whole reason to exist. Rivals tend to own one slice, the booking or the expensing or the card, and leave finance teams to stitch the rest together. Perk's bet, made concrete by the Yokoy acquisition, is that owning travel and spend in one place is worth more than being best-in-class at any single piece.

## Problems

**Killing the busywork that eats seven hours a week**

Perk builds its entire narrative around a number: seven hours of lost productivity per employee, per week, which it frames as a $1.7 trillion drag it calls shadow work. Booking a trip through six tabs, gluing receipts into a spreadsheet, coding invoices by hand, and reconciling a corporate card at month-end are the exact chores it targets.

The fix is automation over admin. Receipts capture and categorize themselves, policy breaches get flagged before they clear, invoices route for approval on their own, and card spend reconciles in real time instead of piling up for the finance team in the last week of the month.

### Problems addressed

- Hours lost to booking, expensing, and chasing approvals (shadow work)
- Fragmented travel and spend tooling across separate vendors
- Manual receipt entry, policy checks, and month-end reconciliation
- Lack of real-time spend visibility for finance teams

## Who It's For

**Built for finance teams and the people who actually travel**

Perk sells to three audiences at once, and its own site splits its solutions the same way. Travelers want to book fast and get supported when a flight melts down. Travel managers want policy, approvals, and duty-of-care in one console. Finance teams want real-time visibility, spend controls, and clean reconciliation instead of a month-end scramble.

The customer base skews toward growing and mid-market companies, though it climbs well into the enterprise. The free Starter tier is aimed squarely at smaller teams; the platform fees and richer controls kick in as the org gets bigger and the finance stakes get higher.

### Ideal customer profiles

- **Business travelers** — Booking work trips fast across flights, hotels, rail, and cars; Getting support when travel is disrupted
- **Travel managers** — Enforcing travel policy and approvals; Duty of care and centralized reporting
- **Finance teams** — Real-time spend visibility and control; Automated expense, invoice, and card reconciliation

## Products

**Six modules that add up to travel plus spend**

Perk's product line reads as two halves that now sit under one roof. On the travel side, booking and 24/7 support; on the spend side, the expenses, invoicing, cards, and payments stack it absorbed from Yokoy. Events rounds it out for the offsites and team gatherings that generate their own tangle of bookings and budgets.

Each piece is designed to feed the others. A booking becomes an expense; a card charge becomes a reconciled line; an invoice becomes an approval that never needed a human to route it.

## Business Model

**Free to start, then platform fees plus a cut of every booking**

Perk makes money two ways at once: a monthly platform fee and a percentage of every trip booked. The travel product starts free at Starter with no platform fee and a 5% booking fee, then moves to Premium at $99 a month and Pro at $299 a month, both at a lower 3% booking cut. The combined travel-and-spend plan is priced per user, starting around $11 a month, with cashback on card spend and rebates on travel sweetening the higher tiers.

That structure is what makes the fintech push matter. Card interchange, payments, and expense volume give Perk a second revenue engine beyond travel commissions, which is the whole logic behind buying Yokoy and leaning into spend.

### Plans

Perk uses a tiered subscription plus a per-booking fee. Travel plans run from a free Starter (no platform fee, 5% per booking) to Premium ($99/month, 3% per booking) and Pro ($299/month, 3% per booking). The combined travel-and-spend plan is priced per user, starting around $11/month, and adds cashback on card spend and travel rebates at higher tiers. Pricing and currency vary by region, and booking fees are subject to minimum and maximum thresholds.

- **Starter** — $0/month + 5%/booking · Smaller teams getting started with managed travel
  No platform fee
  - Access to global inventory
  - Travel restriction alerts
  - 1 travel policy and approval process
  - Simplified travel reporting
  - Cost objects
  - Group and event management software
- **Premium** — $99/month + 3%/booking · Growing companies that want more control and support
  Most popular travel plan
  - Global inventory
  - 10 travel policies and approval processes
  - Advanced travel reporting
  - Budget tracking for up to 5 budgets
  - Single sign-on (SSO)
  - HR integrations
- **Pro** — $299/month + 3%/booking · Larger orgs needing custom controls and reporting
  Unlimited policies and custom integrations
  - Global inventory
  - Unlimited travel policies and approvals
  - Custom travel reporting
  - Unlimited budget tracking
  - Single sign-on (SSO)
  - Advanced HR integrations
  - Custom integrations
- **Travel + Spend (Premium)** — Starting at $11/user/month · Teams that want travel and spend managed together
  Cashback on card spend and rebates on travel
  - Core travel and spend tools
  - Preferential pricing across both products
  - Cashback on card spend
  - Travel rebates

Good to know: Travel booking fees are subject to minimum and maximum thresholds.; SSO and HR integrations are gated to Premium and above.; Pricing and available currencies differ by region (USD, GBP, CAD, EUR, CHF, AUD, SGD).; VAT-ready invoices are currently available in the UK, Spain, and Germany.

## Competition

**Squaring off against Navan on travel and Ramp on spend**

Perk is now fighting on two fronts. In corporate travel it goes up against Navan (the former TripActions), SAP Concur, and legacy travel management companies like Amex GBT. On the spend side, the Yokoy deal drops it into a room with Ramp, Brex, and Concur, all racing to own the corporate card and expense layer.

Its edge is the seam. Most competitors are strong on one side of the travel-spend line and weak on the other; Perk is trying to be the one platform that treats a trip and its expenses as the same object. The risk is obvious too: buying into a crowded fintech category means competing with players who have deeper card and payments roots.

### Their edge

- **Travel and spend under one roof** — Owns booking, expenses, cards, and payments as one workflow rather than integrating separate tools.
- **Native expense via Yokoy** — The 2025 Yokoy acquisition brought a mature European spend platform in-house instead of a bolt-on.
- **Profitable growth** — EBITDA break-even at the end of 2024 while growing over 50% a year.

### Where they're betting

- Expanding the spend and fintech line beyond travel commissions
- Scaling in North America toward it being the largest region
- Deepening AI automation across travel and spend

## Proof

**The numbers Perk puts on the table**

Perk is used by more than 10,000 companies worldwide, with Wise, On Running, Breitling, and Fabletics among the names it puts forward. Behind the logos, the financials it disclosed with its 2025 raise are the real proof: annualized booking volume above 2.3 billion euros, annualized revenue over 191 million euros, growth north of 50% a year for two years running, and EBITDA break-even by the end of 2024.

The combination of that scale and profitability is what let the company nearly double its valuation in a market that had gotten stingy with travel-tech bets.

## What People Say

**A clean tool users like, until a booking goes sideways**

The recurring praise across review sites is consistent: the interface is clean and easy to use, and booking a whole trip in one place genuinely saves time. For day-to-day travel management, most users find it straightforward.

The complaints are just as recurring, and they cluster around two things. Price comes up often, with users saying flights and hotels can run higher than booking direct once fees are added. And support draws sharply mixed reviews: some find it fast and helpful, while others report slow confirmations, prices shifting before a booking locks, and errors that force them to double-check reservations.

## Funding

**$200M Series E, and a valuation that jumped to $2.7B**

In January 2025 Perk (then TravelPerk) closed a $200M Series E, roughly 191 million euros, in an oversubscribed round that nearly doubled its valuation to $2.7 billion. Atomico and EQT Growth led, with Noteus Partners joining and existing backers Kinnevik and General Catalyst piling in on top of a cap table that already included Sequoia, SoftBank Vision Fund, and Blackstone.

The raise carried a message beyond the dollars. It funded the Yokoy acquisition and an explicit fintech push, and it came on the back of the company hitting EBITDA break-even, a rare pairing of scale and discipline. In total the company has raised roughly $715M across its life, including a separate $135M credit facility in 2024 from Blackstone Credit and Blue Owl to fund the AmTrav deal.

## Team & Culture

**IRL-first, values-loud, and grown through acquisition**

Perk runs an in-person-first hybrid: teams are together three days a week, and roles require living within commuting distance of a hub. It leans hard on a values vocabulary, being an owner, a 7-star experience, impact over effort, and it hires for curiosity and mindset over pure resume, with a workforce of more than 1,800 people drawn from over 70 countries.

A lot of that footprint arrived by acquisition. Click Travel in the UK (2021), AmTrav in Chicago (2024), and Yokoy in Zurich (2025) all folded in teams and offices, which is why the map now runs from Barcelona and London through Boston, Chicago, and Berlin. The leadership bench reflects it too: CEO and co-founder Avi Meir, president and COO JC Taunay-Bucalo, CTO Robin Smith, and a spend chief based in Zurich.

## Compensation

**Equity on every offer, US bands into the low $200Ks**

Every Perk role pairs salary with equity ownership, and the company states that plainly on its postings. Disclosed base ranges are US-denominated: engineering reaches into the low $200,000s, sales sits in a wide band that reflects on-target commission, and go-to-market and G&A roles land in the six figures, with some hourly customer-care roles at the AmTrav side.

Base is only part of the story here. Equity comes standard, sales roles carry commission-driven on-target earnings, and US packages layer on a 401(k) match, an HSA option, and comprehensive health cover.

## Security & Legal

**A web of entities behind one brand**

The rebrand to Perk sits on top of several legal entities, one per region and acquired business. Perk Platform SLU covers the core product in Europe, Perk UK Ltd handles the UK and Ireland (and the Click Travel business), Perk USA Inc. covers the US and Canada, and American Travel Solutions LLC runs AmTrav under the Perk umbrella.

Given it moves corporate payments and travel bookings, Perk runs KYB, AML, and identity checks on business customers as a matter of course. Its privacy notice lays out purpose-by-purpose data processing and retention, and points data questions to privacy@perk.com.

## In the News

**A year of raising, buying, and rebranding**

The headlines that matter for Perk cluster in a tight window. The 2025 Series E and Yokoy acquisition got wide coverage as the moment it went from travel tool to travel-and-spend platform, and the 2024 AmTrav deal was the setup, the move that doubled its US revenue and pointed North America at becoming its biggest market.

Read together, the coverage tells one story: a profitable European unicorn using an up-round to consolidate a fragmented category around itself.

### Coverage

- [TravelPerk raises $200M as valuation nearly doubles to $2.7B](https://techcrunch.com/2025/01/27/travelperk-raises-200m-as-valuation-nearly-doubles-to-2-7b/) — TechCrunch (2025-01-27)
- [TravelPerk raises €191 million and acquires Yokoy to create integrated travel and expense management platform](https://www.eu-startups.com/2025/01/travelperk-raises-e191-million-and-acquires-yokoy-to-create-integrated-travel-and-expense-management-platform/) — EU-Startups (2025-01-28)
- [SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push](https://www.cnbc.com/2025/01/28/softbank-backed-travelperk-doubles-valuation-plans-fintech-push.html) — CNBC (2025-01-28)
- [SoftBank-backed travel tech firm TravelPerk acquires U.S. rival and bags $135 million for expansion](https://www.cnbc.com/2024/06/18/travelperk-acquires-us-rival-amtrav-bags-135-million-for-expansion.html) — CNBC (2024-06-18)
- [TravelPerk Adds Branding to Recent Acquisitions](https://www.businesstravelnews.com/Intelligence/TravelPerk-Adds-Branding-to-Recent-Acquisitions) — Business Travel News (2025-01-01)
- [Perk (company)](https://en.wikipedia.org/wiki/Perk_(company)) — Wikipedia

## Company details

- **Mission:** Remove shadow work, giving people time back to focus on real work, with real impact.
- **Products:** Perk Travel, Perk Expenses, Perk Invoices, Perk Card & Payments, Perk Events, Perk Insights & Compliance
- **Notable customers:** Wise, On Running, Breitling, Fabletics, Medskin
- **Customer segments:** Growing and mid-market companies with traveling employees, Enterprise finance and travel teams, SMBs (via the free Starter tier)
- **Buyers / users:** Business travelers, Travel managers, Finance teams
- **Competitors:** Navan, SAP Concur, Ramp, Brex, Amex GBT, Egencia
- **What sets them apart:** Travel and spend in one platform rather than stitched-together point tools; Native expense management via the Yokoy acquisition, not a bolt-on integration; Profitable while growing 50%+ a year
- **Tech stack:** AI/automation for expenses and invoicing, Global travel inventory (GDS: Amadeus, Sabre), Corporate card and payments infrastructure
- **Integrations:** HR systems, SSO / SAML, NetSuite, SAP, Salesforce

## Open roles (172)

- [Senior Solutions Consultant (German Speaker)](https://jobs.ashbyhq.com/perk/56170a5f-9622-40cd-a3ab-cec5e37185d8) — Berlin, Germany
- [Senior Frontend Engineer - Billing](https://jobs.ashbyhq.com/perk/5a0bf320-703b-46e5-a856-75b89da03854) — London, United Kingdom
- [Director of Product Marketing](https://jobs.ashbyhq.com/perk/b41c490f-f5b9-4bb8-9f67-4bc3a44682b4) — London, United Kingdom
- [Senior Frontend Engineer - Billing](https://jobs.ashbyhq.com/perk/0094e199-bd64-4bbc-912f-c45f136cb03f) — Edinburgh, United Kingdom
- [Senior Frontend Engineer - Billing](https://jobs.ashbyhq.com/perk/4c82e943-293c-4912-9da5-75a588f95629) — Barcelona, Spain
- [Account Manager SMB - France](https://jobs.ashbyhq.com/perk/a4083521-e063-4c76-837b-9d18b507e117) — Barcelona, Spain
- [Spezialist/in für Kundenbetreuung – Spend](https://jobs.ashbyhq.com/perk/92b0eed1-f162-4899-af3e-f8768e695a77) — Barcelona, Spain
- [Customer Experience Specialist - German Speaker](https://jobs.ashbyhq.com/perk/09d8d600-85e3-449d-a407-1f7cc89e6c46) — Berlin, Germany
- [Analytics Engineer](https://jobs.ashbyhq.com/perk/2d2308af-82e9-46d8-9a60-f783a173b2f7) — London, United Kingdom
- [Account Manager LongTail - DACH](https://jobs.ashbyhq.com/perk/6ac39699-9a7e-4696-8e5f-c2a54df8bb67) — Barcelona, Spain
- [Enterprise GTM Account Executive - US](https://jobs.ashbyhq.com/perk/cf11f9fe-849b-4472-9136-a25facbf6f66) — Chicago, IL
- [Senior Sales Executive DE - German Speaking](https://jobs.ashbyhq.com/perk/420b62f4-5c38-45bc-a0f5-b263309bcb83) — Barcelona, Spain
- [Engineering Manager - ERP](https://jobs.ashbyhq.com/perk/6d1f6b8d-f7eb-48cd-97cc-987baf42c930) — London, United Kingdom
- [AI Systems Analyst](https://jobs.ashbyhq.com/perk/7c53b9c9-cac4-4717-a466-1ea186889843) — Barcelona, Spain
- [Engineering Manager - ERP](https://jobs.ashbyhq.com/perk/c716a654-4e01-4245-a1aa-a5b90cf7a428) — Zurich, Switzerland
- [Senior Account Executive - US](https://jobs.ashbyhq.com/perk/15c68981-8a64-46d3-8c78-fe2852146f33) — Chicago, IL
- [Facilities Manager](https://jobs.ashbyhq.com/perk/69f2e427-e66a-4bc7-bae6-c1250f46f9a8) — Barcelona, Spain
- [Senior Solutions Consultant (German Speaker)](https://jobs.ashbyhq.com/perk/7b99726c-57c5-457e-aaf9-0197116bd822) — Barcelona, Spain
- [Senior Field Marketing Manager - US](https://jobs.ashbyhq.com/perk/43e7b9a9-fa01-4a81-8e2e-b5778bdd16d5) — Boston, MA
- [Senior Software Engineer - Pay Sustainable Engineering](https://jobs.ashbyhq.com/perk/76e4400f-2436-4908-a605-676b4d9f8aba) — Birmingham, United Kingdom
- [Travel Experience Specialist](https://jobs.ashbyhq.com/perk/7da0781b-7195-4959-aa75-e436ded14aaf) — Birmingham, United Kingdom
- [SDR Growth Markets - Polish speakers](https://jobs.ashbyhq.com/perk/20655b8a-f7bb-4ba2-9fae-18eb06144845) — Barcelona, Spain
- [Senior Account Executive, Spend (GTM Launch)](https://jobs.ashbyhq.com/perk/159d218c-ea92-423a-a618-a660117a7daa) — Chicago, IL
- [SMB Account Executive - US](https://jobs.ashbyhq.com/perk/23e3d4f6-5600-422e-8355-2531f9731711) — Chicago, IL
- [Senior Business Travel Consultant - GDS - Remote](https://jobs.ashbyhq.com/perk/afe19219-c80f-4524-bc2f-8782b76712c3) — Remote
- [Payments & Refunds Specialist – AmTrav](https://jobs.ashbyhq.com/perk/9a556125-da5b-4bcc-9d3e-e062fadb74d3) — Chicago, IL
- [Senior Software Engineer - Finance Experience](https://jobs.ashbyhq.com/perk/c990326e-4e23-4d89-b3fd-b1543bb2d543) — Barcelona, Spain
- [Senior Sales Executive - French Market](https://jobs.ashbyhq.com/perk/11039e1d-1b38-4baf-9fab-695afb7c75e5) — Barcelona, Spain
- [Senior Software Engineer - Payments](https://jobs.ashbyhq.com/perk/26f14325-a4e1-4f84-94df-59d48470eb27) — Barcelona, Spain
- [Technical Account Manager - DACH](https://jobs.ashbyhq.com/perk/6f222918-20c9-40af-831e-16a4a3190957) — Barcelona, Spain
- [Sales Development Representative - Benelux & Nordics](https://jobs.ashbyhq.com/perk/d467fe4c-aa91-491d-8538-c7e0d3db795a) — Barcelona, Spain
- [Technical Account Manager - DACH](https://jobs.ashbyhq.com/perk/caed2080-72d3-45b6-a8a9-61afa6679121) — Munich, Germany
- [Staff Product Manager - Travel & Spend](https://jobs.ashbyhq.com/perk/cc9fb69f-bb52-4e21-a7ab-7358175f6414) — London, United Kingdom
- [Bid Manager DACH - German Speaking](https://jobs.ashbyhq.com/perk/45653244-40ca-405e-8da4-46862e67ea96) — London, United Kingdom
- [Senior Business Travel Consultant | Day Shifts | Remote](https://jobs.ashbyhq.com/perk/ce0dfbd4-0897-42fe-b2c2-4431552b5848) — Remote
- [Card Operations Team Manager](https://jobs.ashbyhq.com/perk/3fc423ca-acba-4e9f-8b14-c19703de7f13) — Barcelona, Spain
- [Overnight Customer Care Agent - AmTrav](https://jobs.ashbyhq.com/perk/d128417b-2c0c-42ba-95f9-56b1359751cf) — Remote
- [Senior Software Engineer - Boston](https://jobs.ashbyhq.com/perk/23477eaa-3b34-4c94-b70a-60c88f53f004) — Boston, MA
- [Senior Business Travel Consultant - Spanish speaking](https://jobs.ashbyhq.com/perk/1c2868d1-bef8-4e52-a4c8-ade6fe53cd21) — Berlin, Germany
- [Card Operations Team Manager](https://jobs.ashbyhq.com/perk/f30621c2-7928-46fc-85d9-73e56deb8ce3) — London, United Kingdom
- [Senior Software Engineer - Flights](https://jobs.ashbyhq.com/perk/1a526a7b-97d6-4313-9689-7bcd90f0fd0c) — Berlin, Germany
- [Data Product Partner - London](https://jobs.ashbyhq.com/perk/084d9724-052d-4a30-9dc3-4a819c6646d8) — London, United Kingdom
- [Senior Business Travel Consultant - German speaking](https://jobs.ashbyhq.com/perk/39dc5543-3d5a-4f85-9c96-93ef998aec61) — Berlin, Germany
- [Senior People Partner - US](https://jobs.ashbyhq.com/perk/63640e2e-740c-4810-a9bf-cc7f92dcd330) — Chicago, IL
- [Lead Implementation Specialist, T&S](https://jobs.ashbyhq.com/perk/3176d825-684b-426c-86b9-af8009ad9dee) — Chicago, IL
- [Data Analyst](https://jobs.ashbyhq.com/perk/6c1acfe8-a6c4-4a5d-bfd6-e219fdcb59d7) — Barcelona, Spain
- [Senior Corporate Travel Agent - GDS](https://jobs.ashbyhq.com/perk/f231f058-e8e5-4970-8a0a-1a504d5be614) — Chicago, IL
- [Staff Software Engineer - Flights](https://jobs.ashbyhq.com/perk/a2766182-f5e5-4fc3-b588-fda583094f26) — Berlin, Germany
- [Senior DevOps Engineer](https://jobs.ashbyhq.com/perk/9c5c0fce-c6da-4f4b-bcaf-899771f93d92) — London, United Kingdom
- [Senior Software Engineer - Policy & Control](https://jobs.ashbyhq.com/perk/64b6b3cd-9b79-4998-a48f-f7b6cbc7ea1b) — London, United Kingdom

_…and 122 more at https://feeny.ai/companies/perk/jobs_

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_Source: https://feeny.ai/companies/perk · profile updated 2026-07-02_