Travel is back on the radar for investment, with consumers and business users both on the move again after a long pandemic period of staying in one place. Today, a startup called WeTravel — which builds tech for the specific needs of group travel — has raised $27 million, money that it will be using to expand its business on the heels of strong growth in the last year.
The company provides payments and other tools to some 3,000 companies, working out to 500,000 customers using its platform. Transaction volumes have grown 30% and revenues currently sitting at 3x the level it was pre-COVID. CEO and co-founder Johannes Koeppel said he believes those figures will double a …
