What is Perk?
Perk operates at the intersection of fintech and enterprise software, offering a unified platform that streamlines the entire corporate travel lifecycle. By integrating booking, expense tracking, and invoice reconciliation into a single, AI-driven interface, the company eliminates the friction typically associated with manual financial processes. With dual headquarters in Boston and London, Perk has achieved unicorn status, serving a diverse global client base that demands high-performance tools for managing distributed workforces and international business travel. Its market position is solidified by its ability to automate complex financial workflows, effectively reducing overhead while increasing visibility into corporate spending patterns.
How much funding has Perk raised?
Perk has raised a total of $326M across 4 funding rounds:
Multiple Rounds
$26M
Debt
$300M
Unspecified (2015): $2.1M, investors not publicly disclosed
Private Equity (2015): $20.2M, investors not publicly disclosed
Private Equity (2015): $3.8M, investors not publicly disclosed
Debt (2026): $300M featuring Liquidity, Neuberger Berman, Hercules Capital, and Blue Owl
Key Investors in Perk
Neuberger Berman
An independent, employee-controlled asset management firm providing global investment solutions across equity, fixed income, and alternative asset classes.
Hercules Capital
A specialty finance firm focused on providing senior secured venture growth loans to high-growth, innovative technology and life sciences companies.
Blue Owl
A prominent asset management company specializing in direct lending and customized capital solutions for growing enterprises.
What's next for Perk?
With this major enterprise-level funding, Perk is well-positioned to accelerate its product roadmap and expand its footprint in the competitive spend management sector. The strategic allocation of these funds will likely focus on deepening the platform's AI capabilities, particularly in predictive analytics for travel costs and automated compliance monitoring. As the company scales, it will continue to prioritize the integration of its financial workflows with existing enterprise resource planning systems, ensuring that it remains the preferred choice for organizations seeking to modernize their back-office operations. The backing from institutional heavyweights signals strong market confidence in Perk's long-term trajectory as a dominant player in the global business travel ecosystem.
See full Perk company page
