Corebit
Corebit is a Turkish TravelTech firm that develops bizitravel, a web and mobile corporate travel and expense management platform serving enterprise and mid-market businesses in Turkey with policy compliance, expense reporting, and financial system integration.
- Company typePrivate
- Founded2016
- HeadquartersIzmir
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Corebit does
Corebit is a privately held Turkish TravelTech company founded in 2016, headquartered inside the DEPARK (Dokuz Eylül University Technology Development Zone) technology park in Buca, Izmir. Its single product, bizitravel, is a web and mobile business travel and expense management platform that enables employees to self-organize business trips while enforcing corporate travel policies and routing expense data into company financial systems. The company positions bizitravel as the first integrated travel and expense management product of its kind in Turkey and claims up to 20% cost reduction in total business travel spend through optimal pricing.
The platform comprises four modules — Travel Management, Travel Policy (Travel Restrictions), Expense Management, and Reporting — designed to handle booking, policy compliance, expense capture, and analytics/cost-center reconciliation on a unified surface. Distribution is direct to enterprise and mid-market corporate customers via web and mobile self-serve, with channel/partner relationships absent from the data.
The company's revenue model, pricing, customer count, funding history, and ownership structure are not disclosed in the input data; revenue is explicitly noted as unavailable. Operations are currently confined to Turkey, with stated ambitions to extend across the broader regional TravelTech market. The company self-describes as a young, R&D-focused team, and there is no evidence of active APIs, third-party integrations, AI/ML capabilities, patents, awards, or strategic partnerships.
Corebit firmographics
Firmographics- Name
- Corebit
- Legal name
- Corebit
- Website
- https://corebit.tech
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Corebit is a Turkish TravelTech firm that develops bizitravel, a web and mobile corporate travel and expense management platform serving enterprise and mid-market businesses in Turkey with policy compliance, expense reporting, and financial system integration.
- Ownership category
- akta.pro rank
Corebit industry classification
Industry- Product category
- Travel Management Software
- NAICS
- Travel Agencies (56151), Travel Arrangement and Reservation Services (5615)
- SIC
- Finance Services (6199), Transportation Services (4700)
- akta.pro primary industry
- Online/Hybrid Corporate Travel Agencies (Self-Booking + Support) (THAKACAB)
- akta.pro secondary industries
- Payments, Expense & FinTech Strategy (Card Programs/Settlement) (THACAMAI), OBT Reporting & Data Export (Booking Data Feeds/BI Connectors) (THACABAL), Itinerary Management & Trip Collaboration Apps (THALAMAE)
Keywords
Where Corebit is headquartered
LocationHeadquarters
- HQ city
- Izmir
Offices1 record
Markets served
Corebit business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Distribution channels1 record
Marketing channels2 records
Corebit product offering
Product offeringCore offering
Corebit develops and sells bizitravel, a business travel and expense management platform built on new generation web and mobile technologies. The platform enables employees to self-organize business travel in compliance with company policies, supports cost optimization (claiming up to 20% savings), and integrates travel and expense data with company financial systems and cost centers. It is sold B2B to companies in Turkey whose employees use it for trip planning, travel policy compliance, expense management, and reporting.
Product overview
Corebit offers a single unified product called bizitravel, which is a comprehensive business travel and expense management solution. The platform includes four integrated modules: Travel Management, Travel Policy (Travel Restrictions), Expense Management, and Reporting. These modules work together to enable employees to self-organize business travel via web and mobile applications while maintaining company policy compliance, achieving cost savings through competitive pricing, and seamlessly exporting expense data to company accounting systems.
Differentiator
Problem solved
Functional benefit
Brands
- bizitravel: A next-generation business travel and expense management tool enabling employees to manage business travels on web and mobile in compliance with company policies, featuring modules for Travel Management, Travel Policy, Expense Management, and Reporting.
Products and services
- bizitravel A web and mobile business travel and expense management platform that enables employees to self-organize business trips in compliance with company policies, with capabilities for cost optimization (claimed up to 20% savings), comprehensive trip reporting, and integration with company financial systems and cost centers. Includes four modules: Travel Management, Travel Policy (Travel Restrictions), Expense Management, and Reporting.
Quantifiable outcome
- Up to 20% cost reduction in total business travel expenses
Companies that use Corebit
Customer profileSegments1 record
Ideal customer profiles1 record
Corebit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Corebit partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
Corebit competitors and assessment
Company assessmentBroad incumbents
- SAP Concur: Global market leader in corporate travel and expense management with integrated booking, expense, and reporting workflows — directly competes with bizitravel in the same T+E category and represents the primary incumbent threat if it expands further into Turkey.
- Amadeus Cytric Travel & Expense: Amadeus's corporate self-booking tool (Cytric) combining travel, expense, and policy workflows — a globally scaled incumbent with deep GDS ownership that could compete with Corebit if it pursues the Turkish or regional TravelTech market.
Emerging players
- TravelBank: Corporate travel and expense management app combining booking, expense reporting, and a corporate card — directly comparable mobile-first, integrated T+E product concept for SMB and mid-market buyers.
- Spotnana: Open travel platform with deep GDS integration and T&E capabilities built for modern enterprise buyers — comparable architecture ambition and value proposition to bizitravel, though focused primarily on large enterprises and the US market.
Direct peers
- TravelPerk: Self-serve corporate travel booking platform with integrated travel policy and reporting — competes with bizitravel on the same self-booking value proposition and has been actively expanding into European and emerging markets.
- Emburse: Expense and travel expense management suite (Emburse Enterprise, Chrome River, Certify) covering expense capture, policy enforcement, and AP integration — directly overlaps with bizitravel's Expense Management and Reporting modules.
- Rydoo: European-headquartered travel and expense platform combining booking, expense, and policy compliance in one app — closely comparable product scope to bizitravel and a credible competitor for cross-border mid-market accounts.
- Navan (formerly TripActions): Corporate travel and expense platform combining self-booking, policy controls, and integrated expense cards — the closest direct peer to bizitravel in product scope, target buyer (mid-market and enterprise), and mobile-first delivery model.
Regional players
- Enuygun Business: Leading Turkish online travel agency with corporate travel services — represents the most credible local Turkish competitor to Corebit with established domestic brand and travel supplier relationships.
- Happay: India-headquartered expense management and corporate travel platform with mobile-first delivery — comparable integrated T+E product to bizitravel and a relevant peer for emerging-market enterprise T&E expansion dynamics.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Corebit social profiles
Digital presenceCorebit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Corebit leadership team
Management profileNumber of profiles
Corebit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Corebit 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 Corebit
What does Corebit do?
Corebit develops and sells bizitravel, a business travel and expense management platform built on new generation web and mobile technologies. The platform enables employees to self-organize business travel in compliance with company policies, supports cost optimization (claiming up to 20% savings), and integrates travel and expense data with company financial systems and cost centers. It is sold B2B to companies in Turkey whose employees use it for trip planning, travel policy compliance, expense management, and reporting.
Is Corebit a public or private company?
Corebit is a private company. It is classified as unknown and is currently operating.
When was Corebit founded?
Corebit was founded in 2016. It employs 11 to 50 people.
Where is Corebit based?
Corebit is headquartered in Izmir.
Who are Corebit's main competitors?
Broad incumbents on record are SAP Concur and Amadeus Cytric Travel & Expense. Emerging players are TravelBank and Spotnana. Direct peers are TravelPerk, Emburse, Rydoo and Navan (formerly TripActions). Regional players are Enuygun Business and Happay.
Does Corebit have an API?
No public API is recorded for Corebit.
What industry is Corebit in?
Corebit's product category is Travel Management Software. Its primary akta.pro industry code is THAKACAB, Online/Hybrid Corporate Travel Agencies (Self-Booking + Support), with a secondary code of THACAMAI, Payments, Expense & FinTech Strategy (Card Programs/Settlement). Its NAICS code is 56151 and its SIC code is 6199.