TripActions Raises $155 Million in Series E Funding

On January 21, 2021, TripActions, the cloud-based travel and expense management platform, announced that they raised $155 million in Series E growth funding led by previous investor Andreessen Horowitz, investment firm Addition, and private investor Elad Gil. This most recent round of funding increases TripActions’ valuation to a whopping $5 billion, up $1 billion from just 18 months ago when they raised $250 million and were valued at $4 billion through Series D funding.

TripActions Raises $155 Million in Series E Funding

On January 21, 2021, TripActions, the cloud-based travel and expense management platform, announced that they raised $155 million in Series E growth funding led by previous investor Andreessen Horowitz, investment firm Addition, and private investor Elad Gil. This most recent round of funding increases TripActions’ valuation to a whopping $5 billion, up $1 billion from just 18 months ago when they raised $250 million and were valued at $4 billion through Series D funding.