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Travelstop secures $3M funding led by Accel Partners

July 18, 2019 / ET Tech

Business travel and expense management firm Travelstop has raised $3 million in a pre-Series A funding round led by Accel Partners, along with participation from existing investors Strive and SeedPlus. Prashanth Prakash, Partner at Accel, will join the Board of Directors of the startup as part of the deal.Singapore-based Travelstop uses AI-driven personalisation to customise the experience of booking travel by corporate employees. It also builds tools for more efficient management of travel arrangements and expenses by employers. The company said it will utilise the new capital to build out its product and sign up more large clients.

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