TripActions’ $275 Million Series F Financing

Fenwick & West advised TripActions on the deal.

TripActions, a travel and spend management platform, announced its $275 million Series F financing. The round was led by Greenoaks with participation from investor Elad Gil, Base Partners and all key existing financial investors.

The funding underscores TripActions’ rapid market penetration and the increased demand for end-to-end, modern corporate travel, payments and expense management technology.

The Fenwick transaction team was led by corporate partners Cynthia Hess (Picture) and Patrick Grilli and included associates Myles Gutenkunst, David Heckman, Sloka Tankala and Danielle Coleman.

Involved fees earner: Cynthia Clarfield Hess – Fenwick & West LLP; Patrick Grilli – Fenwick & West LLP; Myles Gutenkunst – Fenwick & West LLP; David Heckman – Fenwick & West LLP; Sloka Tankala – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: TripActions Inc.;

Author: Martina Bellini