When was TravelBank founded?

TravelBank was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is TravelBank located?

TravelBank is headquartered in Daly City, United States.

How many employees does TravelBank have?

As of Jun 30, 2026, the latest employee count at TravelBank is 71.

Is TravelBank a funded company?

TravelBank is a funded company, having raised a total of $35M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 20, 2016.

When was the latest funding round of TravelBank?

TravelBank's latest funding was a $***** Series B round on Oct 01, 2019, with participation from 1 investor.

Where does TravelBank rank among its competitors?

TravelBank ranks 55th amongst 817 active competitors, of which 150 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $782M in Jun, 2026.

Who are the top competitors of TravelBank?

TravelBank's top competitors include Brex, Ramp and Zaggle. Among them, Ramp secured the most recent funding round in June, 2026.

TravelBank - 2026 Company Profile, Team, Funding & Competitors

TravelBank is an acquired company based in Daly City (United States), founded in 2015 by Duke Chung. It operates as a Travel and expense management platform for businesses of all sizes. TravelBank has raised $35M in funding from investors like New Enterprise Associates, DCM Ventures and Dreamers. The company has 817 active competitors, including 150 funded and 129 that have exited. Its top competitors include companies like Brex, Ramp and Zaggle.

Company Details

Travel and expense management platform for businesses of all sizes. It is a comprehensive solution designed to streamline and simplify business spend. The platform offers a suite of tools for travel management, expense tracking, and card management, all integrated into a single, user-friendly interface. It empowers finance teams, accountants, travel managers, founders, and employees to efficiently manage their travel bookings, reconcile transactions, and gain real-time visibility into spending. The platform provides features such as custom budgets, automated approvals, policy enforcement, and customizable reporting. It integrates with existing software for a seamless experience. It is a cloud-based SaaS platform that helps businesses control costs, improve productivity, and make data-driven decisions. It offers subscription-based pricing and provides resources like customer stories, news, and webinars. It is a B2B solution that caters to various industries, including food and beverage, healthcare, manufacturing, computer software, tech, and construction.

Website: travelbank.com
Social
Email ID: *****@travelbank.com

Key Metrics

Founded Year

2015

Location

Daly City, United States

Stage

Acquired

Total Funding

$35M in 3 rounds

Latest Funding Round

Series B, Oct 01, 2019, $*****

Investors

New Enterprise Associates & 11 more

Ranked

55^th among 817 active competitors

Employee Count

71 as on Jun 30, 2026

Similar Companies

Navan & 714 more

Exit Details

Acquired by US Bank (Nov 14, 2021)

View TravelBank's full profile

TravelBank is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TRAVELATOR INC. CIN: 474343672 , United States, Active	Jun 18, 2015	-	36 (As on Dec 31, 2020)	-

TravelBank got acquired by US Bank on Nov 14, 2021.

Click here to take a look at TravelBank's acquisition in detail

TravelBank has raised a total funding of $35M over 3 rounds. Its first funding round was on Oct 20, 2016. Its latest funding round was a Series B round on Oct 01, 2019 for $*****. 1 investor participated in its latest round. TravelBank has 12 institutional investors.

Here is the list of recent funding rounds of TravelBank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 01, 2019	4221495	Series B	7091132	9597710	5346352	6159599
Aug 30, 2017	9199977	Series B	3025439	8413958	2284391	Propel Venture Partners & 4 more
Oct 20, 2016	1598717	Series A	3264580	7073702	New Enterprise Associates	Accel

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View details of TravelBank's funding rounds and investors

The founders of TravelBank is Duke Chung.

Here are the details of TravelBank's key team members:

Duke Chung: Co-Founder & CEO of TravelBank and founder of 1 other company.
Contact Info: 1 email address

View details of TravelBank's Founder profiles and Board Members

TravelBank's employee count trend

TravelBank has 71 employees as of Jun 26. Here is TravelBank's employee count trend over the years:

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Top competitors of TravelBank include Brex, Ramp and Zaggle. Here is the list of Top 10 competitors of TravelBank, ranked by Tracxn score:

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	DST Global, Greenoaks & 68 others	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	Founders Fund, Coatue & 70 others	84/100
3rd	Zaggle 2011, Mumbai (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Mavericks, Bengal Finance and Investment ... & 33 others	84/100
4th	Navan 2015, Palo Alto (United States), Public	Provider of a platform for business travel and expense management	$1.58B	Andreessen Horowitz, Greenoaks & 22 others	80/100
5th	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Kinnevik, Creandum & 15 others	80/100
6th	Perk 2012, Austin (United States), Series E	Provider of AI powered platform for managing business travel, expenses, and invoices	$715M	Kinnevik, Felix Capital & 33 others	78/100
7th	Fyle 2016, Newark (United States), Acquired	Provider of expense management software automating receipt tracking and reconciliation	$15.4M	Pravega Ventures, Tiger Global Management ... & 24 others	77/100
8th	Yonder 2020, London (United Kingdom), Series B	Online platform to discover & book outdoor tours	$81.4M	Northzone, RTP Global & 47 others	76/100
9th	Emburse 2002, San Francisco (United States), Acquired	Provider of travel, expense, payment, invoice, and automation management solutions	$7.5M	Google Ventures, General Catalyst & 27 others	76/100
10th	Spendesk 2016, Paris (France), Series C	Provider of software for managing corporate spending and invoice processing	$304M	Index Ventures, Tiger Global Management & 22 others	75/100
55th	TravelBank 2015, Daly City (United States), Acquired	Travel and expense management platform for businesses of all sizes	$35M	Accel, DHVC & 10 others	54/100