2025 sales: $3.1 billion
Previous ranking: 16
Employees: 1,800 full-time
33 Arch St., 18th Floor, Boston, MA 02110
7-12 Noel St., 7th Floor, London, W1F 8GQ, U.K.
914-758-1941
Website Executives
CEO: Avi Meir
COO/PRESIDENT: Jean-Christophe Taunay-Bucalo
CFO: Roy Hefer
CHIEF REVENUE OFFICER: Yasmine Bratt
CHIEF PRODUCT OFFICER: Nikita Miller
CHIEF TECHNOLOGY OFFICER: Robin Smith
CHIEF PEOPLE OFFICER: Felicia Williams
COMPANY FACTS
* Privately held.
* Rebranded to Perk (formerly Travelperk).
* Backed by a range of investors; none individually own a majority of shares.
* AI-native platform for travel and spend management.
* Sales: 100% corporate.
DEVELOPMENTS
* Acquired expense platform Yokoy.
* Marked its 10th anniversary.
* Secured a $200 million Series E fundraising round led by Atomico and EQT Growth, accelerating global expansion, particularly in the U.S. It operates 12 offices serving more than 12,000 customers.
* Focused on eliminating the hidden, noncore tasks draining productivity called "shadow work," estimated to cost global businesses $1.7 trillion annually.
* AI-native architecture has advanced the Perk offering with 96% of bookings and 90% of expense reports processed touch-free, contributing to more than 70% gross margins and 48% revenue growth to $300 million.
* Launched Perk Events, managing the full event lifecycle, including venue sourcing, budgeting, travel coordination and attendee management.
* Expanded partnerships, including with Airbnb, and became the official work automation platform partner of Audi Revolut F1.
* Appointed Nikita Miller chief product officer.
LOOKING AHEAD
* Rolling out enhanced spend capabilities after acquiring Yokoy, including physical Perk cards, enabling customers to manage travel, spend and payments in one platform.
* Supporting clients through ongoing disruption, investing in new products and partnerships to support customers traveling for work.
* Through automation, proactively contacting customers in less than 30 minutes to alert them of disruptions and available support channels.
* Building on Perk Events, expanding solutions that address the "shadow work" crisis.
* Expanding AI-native architecture across the user journey. For example, PoliciesAI proactively delivers real-time policy advice to travelers while they are booking, directly referencing their company's own uploaded policy documents to ensure compliance before the spend occurs.
* Continuing to invest in the U.S. and Europe, expanding teams by 20%, deepening supplier relationships and launching partnerships to expand content and flexibility.
* Blending automation with human expertise to deliver responsive support at scale. AI agents enable self-serve booking modifications and call hotels ahead of arrival for smoother check-ins while human advisors tackle more complex cases.
* Tackling three defining trends: rising travel disruption, increasing workflow fragmentation and a widening gap between automation investment and real productivity, all accelerating demand for more integrated, intelligent solutions.
* Expecting a shift from standalone automation to orchestrated end-to-end workflows with AI increasingly embedded across the entire journey rather than applied in isolated use cases.