https://techcrunch.com/2021/01/21/tripactions-raises-155m-at-5b-valuation-as-corporate-travel-recovers-from-pandemic-lows/

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This morning TripActions , a software company whose tools help businesses book and manage corporate travel, announced a new $155 million investment. Three investors led the round: prior investor Andreessen Horowitz, Addition Ventures, and Elad Gil. The new investment, a Series E, values TripActions at $5 billion on a post-money basis, a company spokesperson wrote via email. Valuation marks are normally only moderately useful, but in the case of TripActions’ latest round carry more weight. The company — along with restaurant software unicorn Toast — became something of a poster-child for the impact of COVID-19 on some categories of startups. TechCrunch covered the launch of a new $500 ... Full story

21 January

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