Perk - About the company
Perk is a series E company based in Austin (United States), founded in 2012 by Roj Niyogi, Avi Meir, Julian Frachtman and Adam Alexander Salamon. It operates as a Provider of AI powered platform for managing business travel, expenses, and invoices. Perk has raised $715M in funding from investors like Felix Capital, Target Global and Kinnevik, with a current valuation of $2.7B. The company has 825 active competitors, including 146 funded and 129 that have exited. Its top competitors include companies like Ramp, Navan and Pleo.
Sectors and market segments that Perk operate in
Perk serves in the Travel and Hospitality Tech, FinTech market segments.The primary business model of Perk are:Company Details
Provider of AI powered platform for managing business travel, expenses, and invoices. It offers tools for booking trips, managing expenses, and processing invoices. It provides features such as automated receipt matching, intelligent invoice management, and customizable event planning. It also offers real-time visibility into company spend, flexible policies and approvals, and role-based permissions and controls.
- Website
- www.perk.com/
Key Metrics
Founded Year
2012
Location
Austin, United States
Stage
Series E
Total Funding
$715M in 14 rounds
Latest Funding Round
Post Money Valuation
$2.7B as on Jan 27, 2025
Investors
Ranked
7th among 825 active competitors
Employee Count
49 as on Aug 31, 2026
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Perk's funding and investors
Perk has raised a total funding of $715M over 14 rounds. Its first funding round was on Mar 2016. Its latest funding round was a Conventional Debt round on Jun 03, 2026 for $300M. 4 investors participated in its latest round. Perk has 29 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Perk:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 03, 2026 | $300M | Conventional Debt | - | - | - | |
Jan 28, 2025 | $200M | Series E | $2.7B | - | ||
Jun 18, 2024 | $135M | Conventional Debt | - | - | - |
View details of Perk's funding rounds and investors
Perk's founders and board of directors
Founder? Claim ProfileThe founders of Perk are Roj Niyogi, Avi Meir, Julian Frachtman and Adam Alexander Salamon. Avi Meir is the CEO of Perk.
Here are the details of Perk's key team members:
- Roj Niyogi: Former Co-Founder of Perk and founder of 2 other companies, HomeBit and Ref. They are also an angel investor in 3 startups.Contact Info: 1 email address
- Avi Meir: Co-Founder & CEO of Perk and founder of 2 other companies, TravelPerk and Hotel Ninjas. They are also an angel investor in 3 startups.Contact Info: 1 email address
- Julian Frachtman: Co-Founder, VP Account Management of Perk and founder of 1 other company.
- Adam Alexander Salamon: Former Co-Founder of Perk.
View details of Perk's Founder profiles and Board Members
Perk's employee count trend
Perk has 49 employees as of Aug 26. Here is Perk's employee count trend over the years:
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Perk's Competitors and alternates
Top competitors of Perk include Ramp, Navan and Pleo. Here is the list of Top 10 competitors of Perk, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
3rd | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
4th | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 80/100 | |
5th | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 80/100 | ||
6th | Provider of software for managing corporate spending and invoice processing | $304M | 77/100 | ||
7th | Perk 2012, Austin (United States), Series E | Provider of AI powered platform for managing business travel, expenses, and invoices | $715M | 76/100 | |
8th | Emburse 2002, San Francisco (United States), Acquired | Provider of software for managing corporate travel and expense reporting | $7.5M | 76/100 | |
9th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
10th | Marqeta 2010, Oakland (United States), Public | Provider of a platform for modern card issuing and payment solutions | $528M | 75/100 |
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Perk's Investments and acquisitions
Perk has acquired 3 companies including Viggle, SuperRewards and Playerize. Perk has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 14, 2015 | Acquisition | 2010 | New York City (United States) | |
Nov 25, 2015 | Acquisition | 2013 | San Francisco (United States) | |
Nov 15, 2015 | Acquisition | 2011 |
See all acquisitions by Perk
Reports related to Perk
Here is the latest report on Perk's sector:
News related to Perk
Media has covered Perk for a total of 17 events in the last 1 year, 10 of them have been about company updates and 2 about partnerships.
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Perk Partners with Katanox to Enhance Hotel Payments and Corporate Travel DistributionTravolution•Sep 22, 2026•Katanox, Perk
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AI-powered travel platform lands £25m funding boost for international growthInsider Media•Sep 09, 2026•Perk
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Perk launches visa, ETA application and payment capabilitiesBusiness Travel News Europe•Jul 24, 2026•Perk
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Perk upgrades credit facility to $300M to fund product investmentBusiness Travel News Europe•Jun 04, 2026•Perk, Neuberger Berman Specialty Finance, Liquidity, Hercules Capital and 4 others
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Perk Launches AI-Powered Events Solution Automating Team Planning and Cutting Shadow WorkTravolution•Jan 14, 2026•Perk
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Cirium's Aviation Data Powers Perk's Flight Emissions Tracking in New DealTravolution•Dec 05, 2025•Cirium, Perk
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