TROOP (formerly TroopTravel)
TROOP is a B2B SaaS platform that helps corporations plan and manage small in-person meetings and group travel logistics. It serves Travel Managers, Executive Assistants, and Finance teams organizing executive offsites, department offsites, board meetings, and conferences across Europe and the United States.
- Company typePrivate
- Founded2017
- HeadquartersWilmington, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What TROOP (formerly TroopTravel) does
TROOP (formerly TroopTravel) is a B2B SaaS company that sells a centralized meeting planning and group travel logistics platform to corporate buyers. The platform is purpose-built for small meetings under 50 attendees, a segment the company cites as representing 66% of all meetings and as the largest visibility gap in managed travel programs. Primary users are Travel Managers and Executive Assistants, with secondary use by HR, Chiefs of Staff, and Finance teams for executive offsites, department offsites, board meetings, and conferences.
The platform is organized around three modules: Planner (attendee coordination, logistics, and budget tracking), Where to Meet (location intelligence comparing destinations by cost, travel time, and emissions), and a Technology/Analytics module that surfaces unmanaged meeting activity and spend outliers. Underlying capabilities include cost benchmarking, emissions tracking, a three-stage budgeting framework (Estimated, Working, Actual), and AI-assisted analytics. The product is sold via enterprise field sales with multi-year Order Form contracts priced per authorized user; payment is in USD with a 1.5% monthly late-payment penalty, and self-serve access is available post-sale through app.trooptravel.com.
TROOP was founded in Madrid in 2017 and is now incorporated in Delaware. It raised an $8M Series A in September 2021 and an $11M Series B in March 2023 led by Durable Capital Partners and Madrona, with participation from All Iron and Conexo. The company employs approximately 70 people, operates on a 100% remote model across 30+ locations, and sells into customers across Europe and the United States through direct enterprise sales and a channel relationship with Direct Travel.
TROOP (formerly TroopTravel) firmographics
Firmographics- Name
- TROOP (formerly TroopTravel)
- Legal name
- Troop Travel, Inc.
- Website
- https://trooptravel.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- TROOP is a B2B SaaS platform that helps corporations plan and manage small in-person meetings and group travel logistics. It serves Travel Managers, Executive Assistants, and Finance teams organizing executive offsites, department offsites, board meetings, and conferences across Europe and the United States.
- Ownership category
- akta.pro rank
TROOP (formerly TroopTravel) industry classification
Industry- Product category
- Meeting Planning and Group Travel Software
- NAICS
- Convention and Visitors Bureaus (561591)
- SIC
- Transportation Services (4700)
- akta.pro primary industry
- Meetings & Group Travel Management Software (SMMP) (THAKANAM)
Keywords
Where TROOP (formerly TroopTravel) is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
TROOP (formerly TroopTravel) business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription: TROOP operates as a B2B SaaS platform where customers pay recurring fees as specified in Order Forms. The Terms state 'Customer shall pay TROOP the fees (Fees) as set forth in the Order Form.' Usage is limited to the number of Authorized Users specified in the Order Form.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise SaaS with per-authorized-user pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
TROOP (formerly TroopTravel) product offering
Product offeringCore offering
TROOP is a B2B SaaS meeting planning and group travel logistics platform that helps organizations coordinate in-person meetings, including executive offsites, department offsites, board meetings, and conferences. The platform centralizes location selection, attendee management, and budget tracking through three integrated modules — Planner, Where to Meet, and Technology — applying data-driven cost, travel time, and emissions comparisons to optimize meeting decisions.
Product overview
TROOP is a unified meeting planning and group travel logistics platform. The core product consists of the TROOP Platform with three integrated modules: Planner (for organizing meetings and managing logistics), Where to Meet (for destination selection with cost and emissions insights), and Technology (for data analytics and optimization). The platform is designed for various meeting types including executive offsites, department offsites, board meetings, and conferences, serving roles such as Travel Managers, Executive Assistants, HR, Chiefs of Staff, and Finance teams.
Differentiator
Problem solved
Functional benefit
Products and services
- TROOP Platform The TROOP Platform is a unified meeting planning and group travel logistics SaaS solution that helps organizations bring people together for successful in-person meetings by managing location selection, attendee coordination, and budget tracking. It is designed for executive offsites, department offsites, board meetings, and conferences, and serves Travel Managers, Executive Assistants, HR teams, Chiefs of Staff, and Finance teams.
- Planner Planner is a module within the TROOP Platform that enables users to organize meetings by managing logistics, travel details, attendees, and key information in one centralized place, supporting executive, department, board, and conference meeting types.
- Where to Meet Where to Meet is a location intelligence module within the TROOP Platform that helps users choose optimal meeting destinations by comparing options based on travel origins, costs, and emissions data.
- Technology Technology is the data-driven infrastructure module within the TROOP Platform that powers location comparisons, cost analysis, and emissions analytics to support meeting planning decisions.
Quantifiable outcome
- 66% of meetings have fewer than 50 attendees, representing the most common meeting type but remaining largely outside visibility of managed travel programs
- +1 more outcomes
Companies that use TROOP (formerly TroopTravel)
Customer profileNamed customers1 record
Segments9 records
Ideal customer profiles2 records
TROOP (formerly TroopTravel) technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
TROOP (formerly TroopTravel) partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Direct TravelminorTROOP's partner at Direct Travel will be exhibiting at Business Travel Show America, where TROOP team members will also be present to meet attendees. This represents a channel partnership for event presence and customer introductions.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
TROOP (formerly TroopTravel) competitors and assessment
Company assessmentDirect peers
- Cvent: Cvent is a leading cloud-based event management platform serving corporate meeting and event planners with venue sourcing, registration, and logistics tools. It is a direct peer because both companies target corporate meeting planners with software to plan in-person events, though Cvent focuses more on larger conferences and events while TROOP targets small meetings.
- Bizzabo: Bizzabo is an event experience platform that helps organizations run in-person, virtual, and hybrid events with registration, engagement, and analytics features. It is comparable to TROOP as a B2B SaaS platform for event and meeting professionals, though Bizzabo skews toward larger events and conferences.
- Aventri: Aventri is an event management software platform that supports event registration, venue sourcing, and onsite logistics for corporate events. It competes with TROOP in the corporate meetings and events software space, with comparable SaaS delivery and enterprise customer targeting.
- RainFocus: RainFocus is an event management platform built for enterprise conferences and trade shows, offering registration, content management, and analytics. It is a direct peer as an enterprise-focused event SaaS platform serving similar corporate event and meeting personas as TROOP, though at larger event scales.
- Certain: Certain is an event management platform focused on enterprise corporate events, offering registration, venue selection, and event logistics. It is comparable to TROOP as a B2B event SaaS targeting corporate meeting planners and event marketers with similar core use cases.
- Splash: Splash is an event marketing platform that helps brands create, manage, and measure branded events including corporate meetings and conferences. It is comparable to TROOP as a SaaS platform for corporate event and meeting professionals with overlapping features around attendee management and event logistics.
- Events.com: Events.com is an event management platform offering registration, ticketing, and event marketing tools for organizers of in-person and virtual events. It is comparable to TROOP as a SaaS platform serving event organizers with corporate meeting and event use cases.
Broad incumbents
- Eventbrite: Eventbrite is a large public event ticketing and management platform serving a wide range of event creators from consumer to enterprise. It overlaps with TROOP in the event planning space but is a broad incumbent focused on ticketing and self-service event creation rather than corporate meeting logistics.
- American Express Global Business Travel: Amex GBT is a large global travel management company providing corporate travel booking, expense, and meetings services. It is comparable to TROOP because it serves the same Travel Manager and corporate meeting buyer persona with meetings and group travel offerings, though as a full-service TMC rather than a SaaS platform.
- BCD Meetings & Events: BCD Meetings & Events is a global meetings and events agency under BCD Group serving corporate clients with strategic meetings management. It is comparable to TROOP as a player addressing the corporate meetings planning market, though delivered as a service rather than a self-serve SaaS platform.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
TROOP (formerly TroopTravel) social profiles
Digital presenceTROOP (formerly TroopTravel) compliance and trust
Trust signalCompliance3 records
TROOP (formerly TroopTravel) financial estimates
Financial estimateRevenue estimate
Valuation estimate
TROOP (formerly TroopTravel) leadership team
Management profileNumber of profiles
Profiles5 records
TROOP (formerly TroopTravel) funding detail
Funding detailFunding overview
Funding rounds7 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TROOP (formerly TroopTravel) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TROOP (formerly TroopTravel)
What does TROOP (formerly TroopTravel) do?
TROOP is a B2B SaaS meeting planning and group travel logistics platform that helps organizations coordinate in-person meetings, including executive offsites, department offsites, board meetings, and conferences. The platform centralizes location selection, attendee management, and budget tracking through three integrated modules — Planner, Where to Meet, and Technology — applying data-driven cost, travel time, and emissions comparisons to optimize meeting decisions.
Is TROOP (formerly TroopTravel) a public or private company?
TROOP (formerly TroopTravel) is a private company. It is classified as venture growth investor backed and is currently operating.
When was TROOP (formerly TroopTravel) founded?
TROOP (formerly TroopTravel) was founded in 2017. It employs 51 to 100 people.
Where is TROOP (formerly TroopTravel) based?
TROOP (formerly TroopTravel) is headquartered in Wilmington, United States, in the North America region.
How does TROOP (formerly TroopTravel) make money?
One revenue line is on record: saaS Subscription.
Who are TROOP (formerly TroopTravel)'s main competitors?
Direct peers on record are Cvent, Bizzabo, Aventri, RainFocus, Certain, Splash and Events.com. Broad incumbents are Eventbrite, American Express Global Business Travel and BCD Meetings & Events.
Does TROOP (formerly TroopTravel) have an API?
No public API is recorded for TROOP (formerly TroopTravel).
What industry is TROOP (formerly TroopTravel) in?
TROOP (formerly TroopTravel)'s product category is Meeting Planning and Group Travel Software. Its primary akta.pro industry code is THAKANAM, Meetings & Group Travel Management Software (SMMP). Its NAICS code is 561591 and its SIC code is 4700.