Lufthansa’s portfolio company TripActions has attracted $155m in series E financing co-led by Andreessen Horowitz, Addition and Elad Gil at a valuation of $5bn.

TripActions, a US-based corporate travel and expenses management platform backed by aerospace company Lufthansa, raised $155m in a series E round yesterday co-led by Andreessen Horowitz, Addition and private investor Elad Gil.

Zeev Ventures, Lightspeed Venture Partners and Greenoaks Capital also supported the round, which increased TripActions’ valuation to $5bn.

Founded in 2015, TripActions has built a corporate travel and expenses management platform that relies on artificial intelligence to provide insight into flight, lodging and rental car offerings, and provides…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
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