TRAVEL TECHNOLOGY

Navisteps Raises Pre-seed Round of $1 Million to Develop Corporate Travel Technology

Navisteps | December 28, 2020

Navisteps Raises Pre-seed Round of $1 Million to Develop Corporate Travel Technology
Navisteps, a travel and cost the executives startup, has raised a pre-seed round of $1 million.

Investment in the Singapore-based organization, which was established in 2019, has come from angel investors.

Navisteps will utilize the funding to grow the business in Asia just as build up its technology.

The organization plans to carry more automation to discount answering just as to track the expense of handling cost reports.

The organization says its platform will make the entire travel and cost the executives cycle smoother.

It is additionally collaborating with Traveloka, giving Navisteps admittance to coordinate organizations with worldwide travel providers for flights and accommodation.

Ken Tan, co-founder, Navisteps, says, "While expense and travel management solutions are not new, they traditionally target large enterprises. We hope to bring the benefits of expense and travel management solutions to small and medium-sized enterprises (SMEs) through a subscription-based pricing model."

The startup is likewise arranging new highlights for 2021 including a minute ago excursion crossing out, examination for costs and partner integrations.

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Spotlight

Is the travel industry ready to accommodate the growing need for "Instagrammable" destinations and experiences? Learn how Travelport uses technology to improve the travel experience.