Seturbiz

What Seturbiz does

Seturbiz is a B2B corporate travel management platform operated by Setur Servis Turistik A.Ş., a wholly-owned subsidiary of Koç Holding, Turkey's largest conglomerate. The platform consolidates the full corporate travel lifecycle — flights, hotels (domestic and international), car rental, transfers, train tickets, visa services, and MICE events — into a single web and mobile interface, augmented by a configurable company travel policy engine, multi-tier approval workflows, and real-time expense reporting. Technology is built on a cloud-based web/mobile architecture with third-party GDS integration (Amadeus NMC) for inventory and a proprietary hotel management module (BOYMOD) for partner hotel content synchronization. The system integrates with enterprise ERP and accounting platforms including SAP, Oracle, EBA, and M-Files.

The platform targets Turkish enterprises across five verticals — Finance, Energy & Natural Resources, Technology, Industrial & Manufacturing, and Medical & Health — and claims 2,000+ corporate clients and 240,000+ active users, with a stated 99% recommendation rate. Distribution is executed through a direct enterprise field-sales motion built around custom corporate membership agreements, supported by a 24/7 inside-sales line (444 58 48) and self-serve web/mobile channels. The company monetizes through a mix of transaction commissions on bookings, recurring corporate membership fees, professional fees for visa consulting, MICE event organization fees (via the SeturMice sub-brand), and premium air charter revenue (via the affiliated Setair brand).

Operationally, Seturbiz benefits from deep cross-holding integration with the broader Koç ecosystem — including Setair for private jet (Falcon 7X/8X) and helicopter charter, and SeturMice for corporate events — while leveraging 50+ years of inherited tourism industry credibility from the Setur parent brand. Geographic focus is single-country (Turkey), with no disclosed international expansion outside the GDS-enabled global inventory offered to clients. The company operates without external venture funding, financing growth internally through its parent conglomerate.

Name

Seturbiz

Legal name

Setur Servis Turistik A.Ş.

Website

https://seturbiz.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Seturbiz is a Turkish B2B corporate travel management platform, owned by Koç Holding, that consolidates flights, hotels, ground transport, visa, and MICE services into a single policy-driven platform serving 2,000+ enterprise clients across Finance, Energy, Technology, Industrial, and Medical verticals.

Ownership category

akta.pro rank

Product category

Corporate Travel Management Software

NAICS

Travel Agencies (561510), Travel Arrangement and Reservation Services (5615)

SIC

Services-Management Services (8741)

akta.pro primary industry

Online/Hybrid Corporate Travel Agencies (Self-Booking + Support) (THAKACAB)

akta.pro secondary industries

Corporate Travel Booking Platforms (Online Booking Tools/SME) (THALAFAI), Corporate Travel & Expense Booking Platforms (BPAMAIAI)

Keywords

• Corporate travel management
• Business travel platform
• Travel policy compliance
• Corporate expense tracking
• MICE event management

Headquarters

HQ city

Umraniye

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Travel Booking Commissions and Transaction Fees: Seturbiz earns commissions on all travel bookings made through its platform including flights (500+ airlines), hotels (300,000+ properties), car rentals, and transfers. The platform acts as an intermediary between corporate clients and travel suppliers, earning transaction-based fees.
2. Corporate Membership Fees: Companies enter into corporate membership agreements with Seturbiz to access exclusive pricing, discounts, and dedicated service terms. This provides a recurring relationship and preferential rates for corporate clients.
3. Visa and Travel Consulting Services: Professional visa consulting services including document preparation, embassy appointments, correspondence, and travel insurance, charged as a professional service.
4. MICE and Meeting Organization Services: Corporate event management services including meetings, conferences, incentive trips, and product launches, provided through SeturMice brand.
5. Private Jet and Helicopter Charter: Premium air charter services including private jets (Falcon 7X, Falcon 8X) and helicopters through Setair, Koç Holding's aviation subsidiary.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Seturbiz is a B2B corporate travel management platform that lets Turkish enterprises book and manage business travel—including flights, domestic and international hotels, car rental, airport transfers, trains, private jets and helicopters—while enforcing travel policies, capturing approvals, and syncing expenses to corporate ERP systems. The platform also provides corporate visa consultation and a dedicated MICE (meetings, incentives, conferences, events) service, all delivered under corporate membership agreements backed by 24/7 customer support.

Product overview

Seturbiz is a comprehensive corporate travel management platform that operates as a unified product with multiple integrated modules. The core platform encompasses flight booking (500+ airlines), hotel reservations (domestic and international with 300,000+ properties), train tickets, car rental, and transfer services. Premium offerings include private jet charter via Setair (Falcon 7X/8X aircraft) and helicopter services. Sector-specific solutions (Finance, Energy, Technology, Industrial, Medical/Health) add specialized features including ERP/accounting integration and regulatory compliance. Supporting modules include visa consultation, MICE organization (SeturMice), mobile app for travelers, manager approval workflows, and consolidated invoicing/reporting. The platform integrates with enterprise systems (SAP, Oracle, M-Files, EBA) and GDS for real-time availability. As a Koç Holding subsidiary with 50+ years of tourism experience, it serves 2,000+ corporate clients with 240,000 active users and a 99% recommendation rate.

Differentiator

Problem solved

Functional benefit

Brands

• Setair: Private jet and helicopter charter services operated under Koç Holding subsidiary Setair Hava Taşımacılığı ve Hizmetleri
• SeturMice

Quantifiable outcome

• 99% recommendation rate among users
• +2 more outcomes

Named customers1 record

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• SAPcoreTechnology or IntegrationSAP integration enables Seturbiz to connect with corporate SAP ERP and accounting systems, allowing seamless data synchronization for travel expense management and financial reporting.
• OraclecoreTechnology or IntegrationOracle integration allows Seturbiz to connect with Oracle ERP systems for automated expense tracking, invoicing, and financial reconciliation.
• EBAcoreTechnology or IntegrationEBA (Electronic Commercial Correspondence) integration supports Turkish corporate compliance and document exchange requirements.
• M-FilescoreTechnology or IntegrationM-Files integration enables document management and information management capabilities for travel-related documentation and compliance.
• Amadeus NMCcoreTechnology or IntegrationAmadeus NMC Global Distribution System integration provides real-time access to flight availability, pricing, and booking capabilities across 500+ airlines.
• 500+ Airlines (Global Carrier Network)coreOthersSeturbiz has partnerships with 500+ airline companies for corporate flight booking, providing access to both Turkish and international carriers.
• 300,000+ Hotels (Global Hotel Network)coreOthersSeturbiz provides access to 300,000+ hotel properties worldwide for corporate booking, including domestic Turkish hotels and international accommodation options.
• Leading Car Rental CompaniescoreOthersPartnerships with leading car rental firms provide corporate clients access to premium to economy class vehicles, both domestically and internationally, with corporate rates.
• Transfer Service ProvidersminorOthersReliable transfer service providers offering airport transfers and intercity transfers for corporate travelers, available domestically and internationally.
• Setair (Koç Holding Aviation)coreTechnology or IntegrationSetair is Koç Holding's aviation subsidiary providing private jet (Falcon 7X, Falcon 8X with 14-seat capacity) and helicopter charter services. This internal group company partnership enables premium air travel services for corporate clients.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Egencia (Expedia Group): Corporate travel brand of Expedia Group serving mid-market and enterprise customers with online booking tools, policy enforcement, and reporting — comparable business model targeting similar buyer profiles.
• Navan (formerly TripActions): AI-driven corporate travel and expense platform combining booking automation with policy compliance — directly comparable in technology approach and enterprise self-service focus.
• TravelPerk: Modern SaaS corporate travel platform with self-booking, policy controls, and inventory breadth — competes for the same digital-first corporate travel buyers, particularly tech-forward and SME segments.
• Corporate Traveller (Flight Centre): Specialist TMC targeting SME and mid-market corporate travel with self-booking plus dedicated support — overlaps closely with Seturbiz's hybrid model and SMB/mid-market enterprise orientation.
• BCD Travel: Global corporate travel management company serving mid-to-large enterprises with booking platforms, policy compliance, and reporting — closely aligned with Seturbiz's enterprise TMC proposition across multiple verticals.
• American Express Global Business Travel (Amex GBT): Largest global corporate travel management company offering self-booking tools, agent support, and expense integration for enterprises — directly comparable to Seturbiz's hybrid corporate travel model, though at significantly larger global scale.
• CWT (Carlson Wagonlit Travel): Global corporate travel platform offering booking, expense management, and meetings & events for enterprise clients — competes head-on in the hybrid online-plus-consultant corporate travel model Seturbiz pursues.
• FCM Travel Solutions (Flight Centre Travel Group): Global corporate travel division with strong presence across EMEA, offering corporate booking tools, account management, and sector-specific solutions — comparable to Seturbiz's vertical-enterprise focus.

Broad incumbents

• SAP Concur: Market-leading corporate travel and expense platform with deep ERP integration — competes broadly with Seturbiz in the corporate travel + expense category, and Seturbiz integrates with SAP rather than competing, but is a relevant adjacent incumbent.
• Booking.com for Business: Corporate arm of major OTA offering accommodation-focused booking tools for business travelers — competes for portions of Seturbiz's hotel booking volume, particularly with international corporate clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Seturbiz
• Facebookfacebook.com/seturbiz
• LinkedInlinkedin.com/company/seturbiz

Revenue estimate

Valuation estimate

Number of profiles

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 Seturbiz