Spanish business travel platform TravelPerk has completed Series C funding round with $104 million in capital commitments.
Under the financing deal, TravelPerk secured a further $60 million in financing from existing backers, bringing total financing raised to date to circa $134 million.
Existing investors that participated in the Series C round include Swedish investment company Kinnevik, DST Global, Target Global, Felix Capital, Sunstone, and LocalGlobe.
TravelPerk plans to use the net proceeds from the financing to further accelerate product innovation and continue its European expansion.