What Grasp Technologies does

Grasp Technologies is a Dublin, Ohio-based data infrastructure company founded in 1996 that unifies fragmented travel, expense, and payment data into a single normalized model for the business travel ecosystem. The platform consolidates feeds from GDSs (Amadeus, Sabre, Travelport), online booking tools, card programs, expense systems, meetings platforms, and direct suppliers via 300+ connectors, handling volumes ranging from 10,000 to over 10 million rows per client per month and processing more than $40 billion in transactions annually across customers in 60+ countries.

The product architecture is a platform-plus-modules design. graspDATA performs the core data ingestion, cleansing, normalization, and transformation; graspANALYTICS delivers BI dashboards enabling drill-down from program-wide spend to individual transactions; graspPAY automates single-use virtual card issuance, reconciliation, and non-employee travel payments with 80+ global bank connections and PCI-compliant controls. Adjacent modules include graspCLOUD (hosted agency desktop), graspAGENT (commission management), graspSYNC (data transmission, formerly secureConnect), graspCORPORATE DATA SERVICES and graspCORPORATE INSIGHTS for enterprise governance and reporting, and the forthcoming graspCORPORATE AI for predictive analytics and anomaly detection.

Grasp generates revenue primarily through enterprise SaaS subscriptions for its data, analytics, and virtual payment modules, supplemented by professional services for implementation and consulting. It sells through direct field sales to Fortune 500/1000 corporate travel programs and to TMCs and travel agencies globally, with partner-embedded distribution through Mastercard, Visa, SAP Concur, and SAP Taulia. Key customers include Sony, Valvoline Global Products, Illumina, Mastercard, Visa, Travel Leaders, Virtuoso, Travelsavers, and Maritime Travel. The company is privately held, backed by WaveRock Capital since 2016, and is led by CEO Maria Chevalier, who joined in April 2026.

Name

Grasp Technologies

Legal name

Grasp Technologies

Website

https://grasptech.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Grasp Technologies is a Dublin, Ohio-based data infrastructure company that unifies fragmented travel, expense, and payment data into a single normalized model for TMCs, travel agencies, and corporate travel programs worldwide, processing over $40 billion in transactions annually across 300+ connectors.

Ownership category

akta.pro rank

Product category

Travel Data Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

OBT Reporting & Data Export (Booking Data Feeds/BI Connectors) (THACABAL)

akta.pro secondary industries

Full-Service Corporate OBTs (Air/Hotel/Rail/Car) (THACABAA), Enterprise OBTs (Complex Policy, Multi-Entity, Global) (THACABAC)

Keywords

• Travel data management
• Corporate travel analytics
• Virtual payment solutions
• Travel expense management
• Business intelligence dashboards

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. SaaS/Subscription - Data & Analytics Platform: Grasp generates primary revenue through recurring SaaS subscriptions for its data management, analytics, and virtual payment platforms (graspDATA, graspANALYTICS, graspPAY, graspCLOUD). Clients include TMCs, corporate travel programs, and agencies paying subscription fees for access to the unified data platform and BI dashboards.
2. Professional Services: Implementation, change management, analytics maturity, and consulting services supporting platform deployment and customer onboarding.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Grasp Technologies provides a unified travel data platform that consolidates fragmented data from GDSs, online booking tools, card programs, expense systems, and suppliers into a single normalized, reconciled model. Built on top of this data foundation, the company sells BI dashboards (graspANALYTICS), virtual card payment automation (graspPAY), commission management (graspAGENT), cloud-hosted agency desktops (graspCLOUD), and enterprise data and insights services, primarily serving corporate travel programs, TMCs, and travel agencies globally.

Product overview

Grasp Technologies offers a platform-plus-modules architecture centered on unifying fragmented travel, expense, and payment data. The core platform consists of graspDATA (data consolidation and normalization), graspANALYTICS (BI dashboards and reporting), and graspPAY (virtual payment automation), which work together as a unified data layer powering automation, analytics, and decision-making. For enterprise clients, graspCORPORATE DATA SERVICES, graspCORPORATE INSIGHTS, and the upcoming graspCORPORATE AI extend these capabilities with governance, enterprise reporting, and AI-driven forecasting. Additional modules include graspAGENT for commission management, graspCLOUD for cloud hosting, and specialized services like graspDATA SERVICES for custom implementations. The platform serves both TMCs/agencies and corporate travel programs, with over $40 billion in transactions managed annually.

Differentiator

Problem solved

Functional benefit

Brands

• graspDATA: Data consolidation platform that normalizes and transforms travel and payment data from multiple sources into a clean, unified model.
• graspANALYTICS
• graspPAY
• graspAGENT
• graspCLOUD
• graspSYNC
• graspCORPORATE DATA SERVICES
• graspCORPORATE INSIGHTS
• graspIQ

Products and services

• graspDATA Clean, connected travel data platform that normalizes and transforms operational and client data from GDSs, OBTs, back-office systems, and suppliers into a unified, analytics-ready format for TMCs, agencies, and corporate travel programs.
• graspANALYTICS Scalable analytics and reporting platform delivering BI dashboards for TMCs and corporate clients, enabling drill-down from program-wide spend totals to individual transactions, benchmark performance, and ad-hoc reporting for Finance, Procurement, and travel teams.
• graspPAY Virtual payments solution that automates single-use virtual card issuance within the booking flow, providing payment security, reconciliation automation, fraud detection, and support for non-employee and contractor travel.
• graspAGENT Commission management solution for travel agents that provides transparency into agent commissions, tracks what's been earned, paid, and outstanding, and includes hotel commission optimization capabilities.
• graspCLOUD Secure, hosted desktop environment designed for travel agency systems and workflows, providing agents access to tools from anywhere without sacrificing performance or reliability.
• graspCORPORATE DATA SERVICES Governed, normalized, enterprise-ready data foundation that consolidates travel data from every channel including online, offline, direct suppliers, cards, and expenses for corporate travel programs.
• graspCORPORATE INSIGHTS Turnkey analytics and reporting solution for travel, finance, and procurement teams, providing visibility into spend, leakage, savings, supplier performance, sustainability, duty of care, and policy behavior.
• graspSYNC Data transmission platform enabling secure internet-based data exchange for travel data, powering real-time and batch data feeds across the Grasp ecosystem and replacing legacy disk-shipping practices.
• graspDATA SERVICES Comprehensive data services including travel data integration, cleansing, normalization, warehousing, migration, and custom solutions for organizations requiring specialized data pipeline builds.

Quantifiable outcome

• Reconciliation time reduced from weeks to days
• +3 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature9 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Maritime TravelcoreGTM or Marketing Partner · 1 May 2026Maritime Travel (Halifax-based TMC) partnered with Grasp to offer graspANALYTICS to its business travel clients, enabling spend forecasting, 'what if' scenarios, vendor analysis, CO2 emissions reporting for ESG, and greater savings and efficiencies.
• Pay4YouminorGTM or Marketing Partner · 16 October 2025Pay4You is the first partner to adopt Mastercard's Commercial Connect API, with Grasp Technologies also listed as an expanded integration partner within the embedded virtual card number program announced by Mastercard in October 2025.
• MastercardcoreTechnology or IntegrationMastercard partnered with Grasp as part of its embedded virtual card number program. Grasp's graspPAY integrates with Mastercard's Commercial Connect API and clearing controls for B2B payments. Grasp also supports Mastercard's commercial payment platform for corporate travel spend management, with broader global rollout planned.
• SAP ConcurcoreTechnology or IntegrationGrasp is an expanded integration partner within SAP Concur's ecosystem, enabling seamless data flow between Grasp's unified travel data platform and SAP Concur's expense management environment for enterprise clients.
• VisacoreTechnology or IntegrationVisa is a key payment network partner for graspPAY virtual card solutions, enabling virtual card issuance and reconciliation for corporate travel programs globally.
• Amadeus, Sabre, Travelport (GDS Platforms)coreTechnology or IntegrationGrasp maintains data connectors with the three major Global Distribution Systems (Amadeus, Sabre, Travelport) for ingesting and normalizing airline, hotel, and rail booking data as part of its unified data platform.
• VirtuosocoreTechnology or IntegrationVirtuoso (leading luxury travel network) partnered with Grasp in 2007 when Virtuoso partnered with Mastercard and needed data infrastructure to track customer spending shifts. Virtuoso remains a long-term Grasp customer for reporting and analytics.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BCD Travel: BCD Travel is a global corporate travel management company offering its own data analytics, reporting, and traveler management tools. CEO Maria Chevalier previously held senior roles at BCD Travel managing multi-billion-dollar business units, making BCD a natural reference point for Grasp's TMC customer profile.
• CWT: CWT is a major global TMC serving enterprise and mid-market corporate travel programs with integrated reporting and data analytics capabilities. CWT directly competes for the same enterprise travel data consolidation and BI dashboard customers that Grasp serves.
• American Express Global Business Travel: Amex GBT is one of the world's largest corporate travel management companies with proprietary data analytics and reporting offerings for enterprise clients. It directly competes with Grasp's TMC and corporate customer base for travel data consolidation, spend analytics, and policy compliance workflows.

Emerging players

• Navan (formerly TripActions): Navan is a modern cloud-native corporate travel and expense platform with built-in AI-powered analytics, reporting, and policy compliance. It represents the new generation of integrated TMC+T&E platforms competing with Grasp's data layer approach.
• Emburse: Emburse is a modern expense, travel, and AP automation platform serving mid-market and enterprise customers with integrated analytics. It competes with Grasp's graspCORPORATE INSIGHTS and graspANALYTICS modules by providing natively unified T&E data and reporting.
• Spotnana: Spotnana is a cloud-native corporate travel platform offering integrated booking, expense, and data analytics with an open-API architecture. It competes with Grasp by providing natively unified travel and payment data without requiring third-party consolidation.
• TravelBank: TravelBank is a corporate travel and expense management platform with built-in AI-driven analytics, predictive forecasting, and policy compliance tools. It targets the same enterprise and mid-market corporate travel programs that Grasp serves through graspCORPORATE INSIGHTS.

Broad incumbents

• Amadeus Cytric Travel & Expense: Amadeus, one of the three major GDSs, offers Cytric Travel & Expense as a corporate booking and expense solution with integrated analytics. With direct access to GDS booking source data, Amadeus Cytric is both a strategic partner and a structural threat to Grasp's data normalization layer.
• Sabre Corporation: Sabre is a major GDS with corporate travel solutions (Sabre GetThere) and increasingly built-in analytics. As a current Grasp integration partner, Sabre's expansion into native data and analytics offerings poses a direct disintermediation risk for Grasp's third-party data layer.
• SAP Concur: SAP Concur is the dominant corporate travel and expense management platform with embedded analytics and reporting. While Grasp currently integrates with Concur as an expanded partner, Concur's growing native AI and analytics capabilities position it as both collaborator and competitive threat in the corporate travel data space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/grasp-technologies
• Xx.com/GraspTech
• Facebookfacebook.com/GraspTech

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grasp Technologies