Avi Meir Profile picture
Jan 12 7 tweets 3 min read
We just raised $115m at a valuation of $1.3bn, led by @generalcatalyst and @KinnevikAB

Gillian Tans (ex CEO of Booking), and Joel Cutler (early investor in Airbnb, Kayak, Stripe) are joining the board.

How did we become a unicorn in the middle of a pandemic?

👇
1. We kept building, & focused on distributed teams.

The world has changed. Teams are not meeting every day in real life anymore, but they still recognize that the meetings that matter always happen in person.

We became the infrastructure for human connection in SMBs.
Over 1000 events were already planned using our newly released product Events (travelperk.com/travel-solutio…), which helps companies organize offsites, kick-offs, and any type of in-real-life meeting with 10 to 1000 attendees.
2. We stayed true to our values.

We didn't do any layoffs, we kept our team motivated and as happy as possible during these really difficult times.

Our team will run through walls for TravelPerk now, loyalty and goodwill are a two-way street.
3. We turned lemons to lemonade.

We acquired 4 companies including the largest SMB travel competitor in the UK.

A crisis creates a ton of opportunities, but you have to pay attention, and act in a contrarian way.

travelperk.com/blog/travelper…
4. We invested in emerging strong.

Even at the peak of lockdowns, we knew that people need human connection, so we kept adding customers to our platform.

It wasn't an obvious path back in Jun '20, but now our revenue is 4x pre-covid figures thanks partially to the new customers
Huge thanks to our fantastic customers, team, investors, and board. This is a team sport, and you're the best team in the game.

Read more here: travelperk.com/blog/how-we-ra…

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