Triporate has just published a new fund raising of 1.3 million euros, in which it has, once again, had the backing of its previous partners, Aurorial and Bankinter, and has also given entry to Reus Capital, Next Archipelago, Tokavi, and Top Seed Lab with its Travel Tech 1 fund.
The company, directed by Sergio Orozco and founded together with Ernesto Cohnen, Asier Vitorica and Francisco Vieira, integrates different technology layers in each and every phase of business trips managment (including Tensorflow, Google Artificial Intelligence, etc.), optimizing both relationship between the agency and the company, and all internal processes of travel agencies. Thanks to their own developed technology, the request and booking services (flights, trains, hotels, apartments, cars …) is up to 10 times more efficient and faster than a traditional corporate travel agency.
The Madrid located Start-up replaces the traditional travel agency for companies, finding its place in a market ruled by “large traditional groups” . Triporate has more than 100 clients and serves to companies ranging from 10 to 500 employees.
TRIPORATE MAKES BUSINESS TRAVEL EASIER
Triporate was born with the objective of “making business travel easy”, both for the company and for the traveler, and this year has already signed contracts worth close to one million euros in travel volume, thanks to the application of Artificial Intelligence in the processes of requesting and managing travel.
The growth of this young startup and its technological focus will go hand in hand with Google in the coming months, since Triporate is part of the Campus Residency program, where they are working on 3 fundamental pillars, such as Amp4email (which allows interaction in the email itself, Google’s big bet), Tensorflow (Google’s artificial intelligence technology to generate learning and better user experience) and NLP (to interpret natural language and automate the travel management process, avoiding human error).