The Catalan bizaway, specializing in business travel, announced this Wednesday an investment of 10 million euros obtained from a recent Series A. A round that has had the participation of venture capital funds from the technology sector Gellify, Digitech and Exor Seeds, in addition to other international investors.
Additionally, MundiVenturesthe only institutional investor already present in the company for a long time and that has the support of XesGaliciahas also once again placed its trust in the Barcelona-based company, as have the existing shareholders.
The company thus obtains the desired financing to take off its business and expand to other markets outside of Spain. In addition, the startup will focus efforts to open more jobs and increasingly consolidate the brand in the markets where it is currently present. The company’s forecast is to double the workforce this year, and Quadrupling the turnover of 2021, thus reaching 30 million euros.
“This financing makes us even stronger in the international business travel landscape and will allow us to continue implementing our ambitious plan, always improving and integrating new functionalities, as well as allowing us to invest even more in our team, both technical and operational, and to open two offices more in Europe at the end of the year”, expressed Flavio Del Bianco, CTO and co-founder.
For its part, Luca Carlucci, CEO and co-founder of BizAway, assured that what gives strength to the company «it is its strong innovative character that allows it to manage the complexity of business trips for large companies, offering them a complete experience, with different services and in a simplified way. Today, more than ever, companies need to digitize their business processes for travel and commuting in order to streamline procedures and allow companies to reduce costs without giving up anything.”
What is BizAway?
BizAway emerges as a technological alternative to simplify business trips worldwide. As described in his , it is “a practical and complete solution to book and manage your business trip with a single click”.
In short, it is a technological platform that is responsible for manage the organization of business tripsoffering its clients the possibility of automate all processes and set your own travel policiesin addition to booking autonomously without waiting times and, above all, accessing corporate rates that, according to the company, allow savings of an average of 25% on market prices.
More than 600 companies have relied on BizAway to schedule and organize their business trips with savings of more than 3 million euros since the company began operations in 2015, including: Perrigo, Scalapay, IT8, Freeda, BDO, European Cricket, Satispay, WeRoad, Mercados-Aries International, and many more. Currently, the company has offices in Spain (Barcelona and Vigo), Italy and Albania, where they recently opened offices in their capital.
Last February, BizAway was awarded the prize LUXlife Travel and Tourism Awards 2022 as the best travel booking solution.
Photo: BizAway
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