Routespring - About the company
Routespring is a seed company based in Bethesda (United States), founded in 2020 by Tarun Upaday and Hitesh Sharma. It operates as a SaaS-driven corporate travel management software. Routespring has raised $500K in funding. The company has 790 active competitors, including 145 funded and 128 that have exited. Its top competitors include companies like Brex, Ramp and Zaggle.
Company Details
SaaS-driven corporate travel management software. It offers centralized payment for business travel, travel card, reimbursement processes elimination, in-app approval process, automated utilization of travel credits, expense management, and more.
- Website
- routespring.com
- Email ID
- *****@routespring.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2020
Location
Bethesda, United States
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
342nd among 790 active competitors
Employee Count
270 as on Jul 31, 2026
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Routespring's funding and investors
Routespring has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on May 18, 2023 for $*****. 1 investor participated in its latest round. Routespring has 1 institutional investor.
Here is the list of recent funding rounds of Routespring:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 18, 2023 | 2518064 | Seed | 7207528 | 9286614 | 2465681 | 5252655 |
View details of Routespring's funding rounds and investors
Routespring's founders and board of directors
Founder? Claim ProfileThe founders of Routespring are Tarun Upaday and Hitesh Sharma. Tarun Upaday, Tarun Upaday and Tarun Upaday are the CEOs of Routespring.
Here are the details of Routespring's key team members:
- Tarun Upaday: Co-Founder of Routespring and founder of 3 other companies, Pine Labs, GlobalLogic and hCentive. Contact Info: 1 email address
- Hitesh Sharma: Co-Founder & CTO of Routespring and founder of 1 other company. Contact Info: 1 email address
View details of Routespring's Founder profiles and Board Members
Routespring's employee count trend
Routespring has 270 employees as of Jul 26. Here is Routespring's employee count trend over the years:
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Routespring's Competitors and alternates
Top competitors of Routespring include Brex, Ramp and Zaggle. Here is the list of Top 10 competitors of Routespring, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Brex 2017, Draper (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 85/100 | |
2nd | Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
3rd | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 84/100 | ||
4th | Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
5th | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
6th | Perk 2012, Austin (United States), Series E | Provider of AI powered platform for managing business travel, expenses, and invoices | $715M | 78/100 | |
7th | Fyle 2016, Newark (United States), Acquired | Provider of expense management software automating receipt tracking and reconciliation | $15.4M | 77/100 | |
8th | Yonder 2020, London (United Kingdom), Series B | Online platform to discover & book outdoor tours | $81.4M | 76/100 | |
9th | Emburse 2002, San Francisco (United States), Acquired | Provider of travel, expense, payment, invoice, and automation management solutions | $7.5M | 76/100 | |
10th | Provider of software for managing corporate spending and invoice processing | $304M | 75/100 | ||
342nd | Routespring 2020, Bethesda (United States), Seed | SaaS-driven corporate travel management software | $500K | 28/100 |
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Routespring's Investments and acquisitions
Routespring has made no investments or acquisitions yet.
Reports related to Routespring
Here is the latest report on Routespring's sector:
News related to Routespring
•
Bethesda's Routespring receives TEDCO funding to bring more AI to the travel industryThe Business Journals•May 19, 2023•Routespring, TEDCO
•
Routespring, a business-travel startup, achieved 25% MoM growth since beginning of 2021PR Underground•May 11, 2021•Routespring
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