Triporate secured EUR 1.3 million

Spain Investments 08 January 2020
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Triporate, a Madrid, Spain-based software developer for the travel vertical, announced that it completed capital raise totalling 1.3 million euro ($1.4M).

The funding round was backed by new and existing investors, including Aurorial, Bankinter, Reus Capital, Archipelago Next, Tokavi, and Top Seeds Lab through Travel Tech 1 fund.

Triporate, founded in 2017 by Sergio Orozco Ernesto Cohnen, Asier Vitorica and Francisco Vieira, built a software as a service solution that integrates different travel components and acting as a better corporate travel agency in the B2B space. The company claims to have more than 100 customers using the product for internal travel booking management.

Prior to this round Triporate secured EUR 320k via Startupxplore, Aurorial and Bankinter in 2018.