It’s hard to believe that it’s been seven years since we started TripActions out of a small office in Mountain View, California. It feels like just yesterday that we were celebrating the launch of our first enterprise customer, our first round of venture funding, our first month of bookings over $1M, and the launch of TripActions Liquid™.
It’s been one hell of a ride. After two truly unprecedented years, travel and expense has fully recovered and TripActions is shifting into high gear. Our travel bookings are now up 875% from last year. European travel is breaking records each month. And TripActions Liquid is on fire: Over the last year, our corporate card-led expense management solution saw 10x growth in spend, revenue, users, and transactions.
Today, TripActions has no equal. In just seven years, we have irrevocably changed this industry—and we are taking this market, globally.
We are taking this market because we built the best travel and expense management solution in the world, investing $1.5B to do so. Because users love that we are laser-focused on solving traveler pain points. Because CFOs love that we deliver real-time visibility and savings. Because travel managers love that we provide them with everything they need to manage their program in a single dashboard. Because companies love that they have a single, global solution to manage their entire travel, corporate card, and expense program.
But most of all, we are taking this market because we have the best, grittiest team in the world and every one of them understands the opportunity before us and knows that we will win.
So, let’s go.
– Ariel & Ilan