Perk.com

What Perk.com does

Perk.com operates an integrated AI-powered corporate travel and spend management platform serving business travelers, travel managers, and finance teams at companies ranging from SMEs to global enterprises. The platform combines self-service booking across flights, hotels, rail, and car rentals with automated expense capture, invoice processing, policy enforcement, and event management, and is accessed via web and 4.7/5-rated iOS and Android apps. Underlying capabilities include AI-driven receipt OCR, expense categorization, anomaly detection, invoice matching and routing, AI-powered venue sourcing for events, and real-time travel disruption monitoring, supported by an integration marketplace spanning HR, expense, and finance tools.

The company runs a hybrid SaaS model with quote-based enterprise subscriptions, transaction-linked revenue from Perk Card and Lodge Card interchange, and value-added modules such as FlexiTravel, Green Trip, and VIP Experience. It serves 12,000+ customers globally with regional operations in Barcelona (HQ), Birmingham (UK & Ireland), and Wilmington/Delaware (US & Canada), and expanded into North America via the June 2024 acquisition of AmTrav. Distribution combines enterprise field sales with a self-serve product-led growth motion (app.perk.com).

Perk is a privately held, SoftBank-backed company headquartered in Austin (per firmographic data) with primary legal entity Perk Platform SLU in Barcelona. It reached a $2.7 billion valuation in January 2025 after raising approximately $100 million that month, following $135 million (June 2024) tied to the AmTrav acquisition, a $104 million SoftBank-led round (January 2024), and a prior $100 million raise at $1.3 billion valuation (January 2022). Note: source data also references a separate rewards-app lineage under the Perk.com brand (founded 2012, CEO Ted Hastings, 2015 acquisitions of Corona Labs, Viggle, Playerize, AppRedeem), which appears inconsistent with the Barcelona corporate-travel firmographic profile; this description reflects the dominant travel-platform record.

Name

Perk.com

Legal name

Perk Platform SLU

Website

https://perk.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Corporate Travel Management Software

NAICS

Travel Agencies (561510), All Other Travel Arrangement and Reservation Services (561599)

SIC

Services-Business Services, Nec (7389)

akta.pro primary industry

Per Diem & Mileage Management (THACADAJ)

Keywords

• Corporate travel management
• Expense management software
• Business travel booking
• Travel spend platform
• Corporate card program

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription/Platform Fees: SaaS subscription model with companies paying for platform access. Subscription tiers appear to vary by account type (Standard, Premium, Pro). No public pricing listed; requires quote inquiry.
2. Corporate Card/Cashback Program: Perk earns revenue through cashback earned on Perk Card transactions. Customers earn rebates on eligible spending, while Perk generates revenue from transaction volume and interchange fees through card issuing partnerships.
3. Perk Lodge Card: Specialized lodge cards for controlled company spending with policy enforcement at specific vendors.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Perk is an all-in-one intelligent SaaS platform for corporate travel and spend management, enabling businesses to book flights, hotels, rail, and car rentals while automating expense capture, invoice processing, policy compliance, and event planning. It serves enterprise and mid-market companies globally with AI-driven automation, a corporate Visa debit card, and integrations to HR and finance systems. The platform is offered via direct sales for large accounts and self-serve onboarding for smaller customers, with mobile apps on iOS and Android.

Product overview

Perk.com offers a unified platform-plus-modules architecture combining travel booking, spend management, and events into a single intelligent platform. The core Perk Platform serves as the foundation, with Travel (including flights, rail, accommodation, car rental) and Spend Management as primary modules, supplemented by the Perk Events module for corporate event planning. The product portfolio includes specialized add-ons such as Perk Card and Lodge Card (corporate payment cards), FlexiTravel (travel protection), Green Trip (sustainability), VIP Experience (executive services), and 24/7 Travel Support. The company expanded into North America through the June 2024 acquisition of AmTrav, which now operates as a separate product line for U.S. and Canadian customers. AI capabilities are embedded throughout for expense automation, invoice processing, and policy compliance. The platform integrates with leading HR, finance, and expense management tools and offers a public API for developer integration.

Differentiator

Problem solved

Functional benefit

Brands

• AmTrav: Corporate travel management platform serving the North American market, acquired by Perk in June 2024

Products and services

• Perk Platform
• Perk Travel
• Perk Spend Management
• Perk Events
• Perk Card
• AmTrav
• Perk Mobile App

Quantifiable outcome

• Average 95% travel policy compliance through automated policy enforcement
• +7 more outcomes

Named customers19 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability6 records

Feature8 records

Partnerships

Five partnerships are on record, tiered core and flagship.

• Transact Payments (TransactPay)coreTechnology or IntegrationTransact Payments Malta Limited issues Perk Cards for EEA residents, and Transact Payments Limited issues UK cards, both under Visa Europe Limited license. Transact Payments Malta Limited is regulated by Malta Financial Services Authority. Cards include Perk Platinum Visa Debit Card and Perk Platinum Visa Debit Lodge Card.
• Modulr FinancecoreTechnology or IntegrationModulr Finance B.V. (Netherlands) provides electronic money issuance and payment services for Perk Cards in the EU, authorized by Dutch Central Bank (DNB). Modulr FS Limited (UK) provides services for UK cards, authorized by FCA. Yokoy GmbH is partner of Modulr for Perk Card distribution.
• Yokoy GmbHcoreTechnology or IntegrationYokoy is a partner of Modulr for Perk Card distribution and issuance. Developer documentation (developer.yokoy.ai) referenced in footer links indicating deeper product integration.
• American Travel Solutions LLC (AmTrav)flagshipStrategic or Co-development PartnerAcquired by Perk in June 2024 for $135 million expansion funding. AmTrav provides US corporate travel rival capabilities, expanding Perk's North American presence. AmTrav customers served under separate legal entity in Delaware.
• Visa EuropecoreTechnology or IntegrationVisa Europe Limited licenses Transact Payments to issue Perk branded Visa debit cards. Partnership enables global Visa acceptance network for Perk Card holders.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Brex: Brex is a corporate card and spend management platform that competes with Perk in AI-powered expense management and embedded payments for enterprises. Both companies blend SaaS and interchange economics and increasingly overlap with travel and expense use cases.
• Navan: Navan (formerly TripActions) is the closest direct competitor to Perk: a unified corporate travel booking, expense, and corporate card platform combining AI-driven booking with payments, targeting similar enterprise and mid-market customers. Both companies compete head-to-head for the same T&E wallet with similar PLG plus enterprise field sales motions.
• Yokoy: Yokoy is an AI-native spend management platform offering corporate cards, expense, and invoice automation primarily in Europe. Yokoy is also a Perk Card distribution partner (via Modulr), making it both a competitor and an ecosystem participant in the European spend management space.
• Spotnana: Spotnana is a modern corporate travel platform offering an open, API-driven booking and servicing infrastructure that competes directly with Perk's travel booking and policy automation capabilities. Both target enterprise TMCs and corporate buyers seeking modern, AI-native alternatives to legacy T&E platforms.
• Ramp: Ramp is a corporate card and spend management platform that has expanded into travel booking and AI-driven expense automation, directly overlapping with Perk's Spend and Perk Card offerings. Both target finance teams with a modern software-plus-payments model and have raised large venture rounds.
• Airbase: Airbase is an all-in-one spend management platform covering corporate cards, bill pay, expense, and procurement, competing with Perk's Spend and Pay modules. Both target mid-market and enterprise finance teams with workflow automation and policy controls.
• Payhawk: Payhawk is a European spend management platform combining corporate cards, expense management, and accounts payable in a single product, mirroring Perk's positioning in Europe. It targets similar European mid-market and enterprise customers and is a direct challenger in the EU T&E market.
• Expensify: Expensify is a public expense management platform with receipt scanning, card feeds, and policy enforcement that competes with Perk's Spend module. While Expensify is expense-only (no booking), it directly contests expense automation deals and is a Perk integration partner as well as a competitor.

Broad incumbents

• SAP Concur: SAP Concur is the largest incumbent in corporate travel and expense management, offering Concur Travel, Concur Expense, and Concur Invoice with deep enterprise ERP integrations. It competes with Perk across virtually every segment of the T&E stack and represents the legacy vendor Perk is displacing.

Emerging players

• Pleo: Pleo is a European corporate card and expense management provider focused primarily on SMBs, with partial overlap to Perk's self-serve SME segment. It is less of a direct enterprise competitor but competes for the same European customer wallet and is included in Perk's expense integration marketplace.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/GetPerk
• YouTubeyoutube.com/perk
• Facebookfacebook.com/GetPerk
• LinkedInlinkedin.com/company/perk-com
• Instagraminstagram.com/perk

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

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

M&A4 records

Investments

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

Frequently asked questions about Perk.com