San Francisco based business management and payments platform for multi-day travel businesses raised $27m in Series B funding led by Left Lane Capital.
“The important piece is not so much about paying but what happens afterward,” Koeppel said, “what the travel company has to do with these funds. A typical trip might cost $10 to the user, with the vast majority of that going to suppliers. It becomes about fund management. And more involved the trip, the larger the amount of suppliers from restaurants and transport companies to airlines and hotels and more.”