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As of Jan 2020, these 171 SaaS companies are the largest in the Travel Software space.

The Top Travel Software SaaS Companies

This list tracks the largest private B2B Travel Software SaaS companies by revenue. In total, this list features 171 companies with combined revenues of $973.9M.

These companies have raised a total of $3.4B. Together, these Travel Software saas companies serve 48M customers and employ over 13K on their teams.

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Highlights

02
E
Expensify

Travel Software

Expensify is a software company that develops a travel and expense web and mobile application for personal and business use... .Expensify is a financial services startup that provides an integrated expense management and corporate card product for customers worldwide

$100M
$39M
50K
155
2008
United States
03
rB
redBus.in

Travel Software

Provider of an online bus ticketing service. The company enables users to book bus tickets through phone, home delivery, physical outlets or even SMS.

$85M
$10M
20M
990
2006
India
04
KLOOK
KLOOK

Travel Software

Provider of a travel activities booking platform. The company provides a mobile platform that offers travellers with a curated selection of activities and attractions in Asia, which can be booked seamlessly through paperless ticketing.

$71M
$722M
-
978
2014
Hong Kong
05
TA
TripActions

Travel Software

TripActions provides a platform to help companies streamline elements of business travel like: payments, rentals, and bookings.

$69M
$767M
4K
766
2015
United States
06
W
Workle

Travel Software

Developer of an online integration work platform in Russia designed to do financial trades on favorable terms. The company's platform offers an online service focused on job search and training opportunities, enabling users to build a career on their own and earn income.

$55M
$4M
-
670
2009
Russia
07
TP
TravelPerk

Travel Software

TravelPerk is a next-generation business travel booking and management platform for companies of any size. It is an all-in-one platform for booking business travel that is 100% free. TravelPerk has an inventory, technology, consumer-grade design, and a very disruptive business model. TravelPerk is backed by investors such as Spark Capital, investors in Slack, Trello, and Twitter. The company is co-founded and funded by a team of entrepreneurial executives with deep market expertise, including leadership-level experience, at one of the most successful players in the online travel industry. One of the co-founders most recently started and sold a travel technology company to one of the players in the market.

$50M
$412M
2K
576
2015
Spain
08
KDS
KDS

Travel Software

Provider of a SaaS platform intended to offer online business travel booking and expense management services. The company's SaaS platform provides an end-to-end travel booking and expense tool that gives pre-populated expense reports, enabling users account for total cost of trip, even before booking.

$39M
$13M
1M
487
1994
France
09
D
Deem

Travel Software

Deem corporate travel booking software saves your travelers time booking, saves you money on air, hotel and ground - and helps you both get more done in less time, with more choice. Request a demo today!.Deem is a technology platform for the business travel industry focusing on travel, car service, and expense solutions

$34M
$536M
50K
373
1999
United States
10
CT
CarTrawler

Travel Software

Supplier of online car rental distribution systems. The company provides global car rental distribution, travel technology, revenue & yield management and conversion optimization.

$24M
-
10M
408
2004
Ireland
1 - 10 of 166Next

What are the fastest growing companies doing?


83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?


We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.