Rocketrip logo — Putting the power to save in the hands of your travelers.

Rocketrip

Putting the power to save in the hands of your travelers.

Founded 2013 United States New York, United States 5 employees Series C Total: $32.18M Enterprise Software, Internet +2

General Information

Company Name Rocketrip
Founded Year 2013
Location United States New York, United States
Employees 5
Industries Enterprise Software, Internet, SaaS +1
Funding Stage Series C
Social

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About Rocketrip

Rocketrip is a travel cost-saving platform founded in 2013 and headquartered in the United States. The company's slogan, "Putting the power to save in the hands of your travelers," encapsulates its innovative approach. Rocketrip incentivizes employees to spend less on business trips by allowing them to keep a portion of the savings they generate. This encourages them to treat the company's money as their own, leading to cost-conscious choices and substantial savings.

Rocketrip's software utilizes real-time travel prices, company policy, and patented algorithms to establish a customized Price to Beat, predicting the expected trip cost. This encourages business travelers to make financially prudent choices, such as booking in advance or opting for more economical accommodation, resulting in significant cost savings for the company while rewarding the employees.

The company recently secured a noteworthy $15.00M Series C investment on 25 April 2018, with the backing of prominent investors such as Bessemer Venture Partners, Canaan Partners, GV. With its focus on Enterprise Software, Internet, and SaaS, Rocketrip offers comprehensive reporting and seamless integration into existing corporate and expense technology stacks. Its unique approach not only significantly reduces travel costs but also contributes to improving corporate culture. For those seeking to rein in business travel expenses while fostering a culture of cost-consciousness, Rocketrip presents an intriguing solution. Visit rocketrip.com for more information.

Taxonomy: Corporate Travel, Travel Expense Management, Incentive Programs, Expense Reporting, Behavioral Economics, Business Travel Savings, Travel Policy Compliance, Travel Cost Optimization, Employee Incentives, Real-time Travel Prices, Enterprise Expense Management, Travel Industry Innovation, Business Travel Culture, Travel Technology Integration, Data-Driven Savings Strategies

Funding Rounds & Investors (6)

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Funding Stage Amount Investors Lead Investors Date
Series C $15.00M 3
Bessemer Venture Partners, Canaan Partners +1
25 Apr 2018
Series B $9.00M 3
Bessemer Venture Partners, Canaan Partners +1
20 Jun 2016
Venture Round $2.00M -
10 Sep 2015
Series A $3.00M 4
Canaan Partners, Genacast Ventures +2
14 Jul 2014
Series A $2.60M 3
Y Combinator, Canaan Partners +1
10 Feb 2014
Seed Round $575.00K 2
Y Combinator, Genacast Ventures
03 Jul 2013

Rocketrip Alternatives & Competitors

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Experience seamless business travel and expense management with faster booking, smarter choices, and...

Series C
Information Technology, Internet
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FlyAkeed
FlyAkeed Saudi Arabia

We simplify and personalize your business travel experience.

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WegoPro
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FAQ About Rocketrip

Putting the power to save in the hands of your travelers.
Rocketrip was founded in 2013.
Rocketrip is headquartered in New York, United States.
Rocketrip operates in Enterprise Software, Internet, SaaS and Travel and Tourism. Its work centres on Corporate Travel, Travel Expense Management, Incentive Programs and Expense Reporting.
Rocketrip has approximately 5 employees.
Rocketrip has completed 6 funding rounds, raising a total of $32.18M. The latest funding stage is Series C.
Top alternatives and competitors to Rocketrip include ITILITE, FlyAkeed, WegoPro, TapTrip, Auditocity. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Rocketrip and ITILITE are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Rocketrip, https://bouncewatch.com/company/rocketrip, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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