About Routespring
Routespring is a Travel & Hospitality company based in Bethesda (United States) founded in 2020 by Hitesh Sharma and Tarun Upaday. It operates as a corporate travel management is enabled through SaaS software. Routespring has raised $500 thousand across 1 funding round from investors including TEDCO. Its chief executive is Tarun Upaday. Routespring offers products and services including Travel Management Platform, Expense Management, and Integration Services. Its focus areas include Consumer, Online Travel, Corporate Travel and Horizontal. Its competitors include TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Routespring was founded in 2020 and is headquartered in Bethesda, United States. Operations are centered in the SaaS sector for corporate travel management. Centralized payments for business travel are handled, alongside travel card issuance. Reimbursement processes are eliminated, in-app approvals are supported, travel credits are applied automatically, and expense tracking is integrated into the platform. Business travel workflows are streamlined across these functions.
- Headquarters Bethesda, United States
- Founders Hitesh Sharma, Tarun Upaday
- SectorsTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website routespring.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
May 2023
- Investors
Products & Services of Routespring
Routespring offers a comprehensive portfolio of products and services, including Travel Management Platform, Expense Management, and Integration Services.
Platform for booking and managing business trips securely.
System for tracking and automating travel expenses efficiently.
Tools for seamless connections with accounting software.
Apps and channels of Routespring
Routespring publishes 2 mobile apps with over 500 downloads; its YouTube channel Routespring has 15 subscribers and 6 videos.
Videos from Routespring
The most watched videos on Routespring's YouTube channel, Routespring (15 subscribers). Click a video to play it here.
More on Routespring.
Funding Insights of Routespring
Routespring has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(May 2023)
- Investors Count 1
All 1 funding rounds of Routespring with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2023 | $500,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Routespring
Routespring has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TEDCO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund and startup accelerator programs focused on seed and early stage companies | 1998 | tedcomd.com | Columbia, United States |
Investor details for Routespring
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People of Routespring
5 people are tracked at Routespring (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Hitesh Sharma | Co-Founder & CTO | Leadership |
Tarun Upaday | Co-Founder & CEO | Leadership |
Anup Sheshadri | Head of Growth | Leadership |
Bethany Carter | Product Specialist | Team |
Joe L. | Marketing Manager | Team |
Complete people profiles for Routespring
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Routespring
2 dated milestones of Routespring across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Routespring is founded.
- Funding First funding round of $500K.
Competitors of Routespring
Routespring has 10 listed competitors in our database, 10 of them funded. They include TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| travelperk.com | 2015 | Barcelona, Spain | $714.78M | 67 | SaaS-driven corporate travel management & booking engine platform | |
| deem.com | 2000 | San Francisco, United States | $671.37M | 540 | Provider of corporate travel management solutions | |
| egencia.com | 2000 | Bellevue, United States | $23.52M | 244 | Corporate travel solutions are offered to business travelers worldwide. | |
| comtravo.com | 2015 | Berlin, Germany | $43.07M | 70 | Corporate travel bookings are managed via a text-based online platform. | |
| lanes-planes.com | 2017 | Munich, Germany | $45M | 55 | SaaS travel management is offered for business travelers' bookings. | |
| travelbank.com | 2015 | Daly, United States | $35M | 36 | Cloud-based expense management and booking tools SMBs | |
| spotnana.com | 2019 | New York, United States | $116M | 139 | SaaS API-based travel ecosystem and management solutions are offered. | |
| tripeur.com | 2015 | Bengaluru, India | $2.86M | 128 | AI and cloud-driven corporate travel management solutions are provided. | |
| hqtravel.com | 2017 | New York, United States | $25.43M | – | AI-driven solutions for corporate travel booking and management are provided. | |
| lola.com | 2015 | Boston, United States | $96.7M | 28 | App-based booking platform for business travelers |
Detailed competitors of Routespring
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Routespring
The website of Routespring (routespring.com) receives about 5.5K visits a month.
- Monthly visits5.5K
▲ 102.2% vs previous month
Websites whose visitors overlap most with Routespring. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| digitalguest.com | 100% | 88K | #410,840 | View details | |
| hiphotels.com | 86% | 12.5K | #1,871,946 | View details |
Top companies in Online Travel
10 companies that operate in the same segment as Routespring (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 5,191 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | USD 90.89 M | 3,164 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | 1,532 |
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Related news about Routespring
Complete news archive for Routespring
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Frequently Asked Questions about Routespring
Routespring was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Routespring is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
Tarun Upaday is the current CEO of Routespring. They have also founded this company.
Routespring is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on May 2023.
Routespring was founded in 2020 and is headquartered in Bethesda, United States. Operations are centered in the SaaS sector for corporate travel management. Centralized payments for business travel are handled, alongside travel card issuance. Reimbursement processes are eliminated, in-app approvals are supported, travel credits are applied automatically, and expense tracking is integrated into the platform. Business travel workflows are streamlined across these functions.
Routespring's top competitors include TravelPerk, Egencia and Lanes & Planes.
Routespring offers Travel Management Platform, Expense Management, and Integration Services.
Routespring has 1 investor. Key investors include TEDCO.
Yes. Routespring publishes Routespring: Corporate Travel and 1 more app, with over 500 downloads.