About TRIPBAM
TRIPBAM is a Technology company based in Dallas (United States) founded in 2013 by Steve Reynolds, and was acquired by Emburse in July 2023. SaaS-based solutions for corporate travel expense management are offered. It operates in the Technology and Travel & Hospitality sectors. TRIPBAM has raised $1.78 million across 2 funding rounds from investors including Emburse and Thayer Ventures. Its chief executive, as recorded, is Steve Reynolds. TRIPBAM offers products and services including Reshop, Benchmark, and Travel Audit. Its focus areas include Consumer, Online Travel, Corporate Travel and Expense Management. Its legal entity is TRIPBAM, INC. Its competitors include Ramp, Brex and Navan; 3 of its 3 listed competitors have raised funding.
Company details
TRIPBAM was founded in 2013 and is headquartered in Dallas, United States. Cloud-based SaaS solutions are provided to companies and travel agencies for managing corporate hotel programs and reducing costs. Operations focus on the travel expense management sector, enabling efficient tracking and optimization of expenditures through automated tools and analytics. Services are delivered via a secure online platform accessible globally.
Products & Services of TRIPBAM
TRIPBAM offers a comprehensive portfolio of products and services, including Reshop, Benchmark, and Travel Audit.
Monitors and rebooks air and hotel for lower prices
Compares company travel discounts with industry rates
Identifies issues with booked rates and supplier agreements
Apps and channels of TRIPBAM
its YouTube channel Emburse has 204 subscribers and 30 videos.
Videos from TRIPBAM
The most watched videos on TRIPBAM's YouTube channel, Emburse (204 subscribers). Click a video to play it here.
More on Emburse.
Funding Insights of TRIPBAM
TRIPBAM has successfully raised a total of $1.78M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $525 thousand completed in February 2015. 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 $1.78M
- Total Rounds 2
- Last Round Seed — $525,000
- First Round $1.25M
(Nov 2013)
- Investors Count 1
All 2 funding rounds of TRIPBAM 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 |
|---|---|---|---|---|---|
| Feb 2015 | $525,000 | Seed | – | – | – |
| Nov 2013 | $1.25M | Seed | – | Thayer Ventures | – |
2 investors in total: 2 institutional.
Investors in TRIPBAM
TRIPBAM has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Emburse and Thayer Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm | 2007 | thayerventures.com | San Francisco, United States | |
Corporate cards and expense management are offered to businesses. | 2002 | emburse.com | San Francisco, United States |
Investor details for TRIPBAM
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People of TRIPBAM
1 people are tracked at TRIPBAM (1 in leadership).
| Name | Role | Group |
|---|---|---|
Steve Reynolds | Founder & CEO | Leadership |
Complete people profiles for TRIPBAM
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Timeline of TRIPBAM
4 dated milestones of TRIPBAM across 10 years, from founding to its latest funding, stage changes and deals.
- Founded TRIPBAM is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Seed, of $525K.
- Exit Acquired by Emburse.
Competitors of TRIPBAM
TRIPBAM has 3 listed competitors in our database, 3 of them funded. They include Ramp, Brex and Navan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ramp.com | 2019 | New York, United States | $5.07B | Spend management and accounts payable solutions are delivered to businesses. | ||
| brex.com | 2017 | Draper, United States | $1.2B | SaaS-driven credit card and spend management solutions platform for businesses | ||
| navan.com | 2015 | Palo Alto, United States | $1.58B | 847 | Corporate travel and expense management are facilitated through SaaS platform. |
Detailed competitors of TRIPBAM
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Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as TRIPBAM (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
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 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Tripbam
Complete news archive for TRIPBAM
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Frequently Asked Questions about TRIPBAM
TRIPBAM was founded in 2013.
TRIPBAM is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Steve Reynolds is the CEO of TRIPBAM, as recorded in our data. They have also founded this company.
TRIPBAM is a funded company, having raised a total of $1.78M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Nov 2013.
TRIPBAM was founded in 2013 and is headquartered in Dallas, United States. Cloud-based SaaS solutions are provided to companies and travel agencies for managing corporate hotel programs and reducing costs. Operations focus on the travel expense management sector, enabling efficient tracking and optimization of expenditures through automated tools and analytics. Services are delivered via a secure online platform accessible globally.
TRIPBAM offers Reshop, Benchmark, and Travel Audit.
TRIPBAM has 2 investors. Key investors include Emburse, and Thayer Ventures.
TRIPBAM operates through Tripbam, Inc..
Yes. TRIPBAM was acquired by Emburse in July 2023.