Palo Alto
TripActions is the developer of a cloud-based T&E platform that combines industry-first technology with best-in-class travel agency service.
Estimated valuation today
$3.1B
-67.21% since last round
Calculated based on estimated multiplier and revenue.
Estimated multiplier for TripActions
20.81x revenue
Calculated based on public comps and hype multiple.
Revenue
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Hype Multiple
Currently selected comps have a median growth rate of 24.30%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
multiple
In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out and there is a little bit of money left for employees. However, the share price is less than the estimated strike price which means they are virtually worthless.
The last round was 2 months ago.
Date
June 2022
Valuation
$9.3B
Amount raised
$200M
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
15.23x revenue
Today's multiple
13.87x revenue
Change
-8.90%
Companies
Industry – Enterprise Software
Last updated 5 mins ago.
| Remove | Name | Ticker | Price multiple |
|---|---|---|---|
| TripActions | 13.87x | ||
| Adobe Systems Incorporated | ADBE | 11.53x | |
| Autodesk Inc | ADSK | 10.28x | |
| Salesforce.com Inc | CRM | 6.55x | |
| Snowflake Inc. | SNOW | 35.55x | |
| Cloudflare Inc | NET | 23.84x |
| Date | Round | Amount raised | Price per share (Preferred) | Valuation |
|---|---|---|---|---|
| Jun 2022 | Series G-1 | $200MM | $12.48 | $9.33B |
| Jun 2022 | Series G | $300MM | $12.48 | $9.33B |
| Oct 2021 | Series F | $275MM | $10.78 | $7.25B |
| Jan 2021 | Series E | $362MM | $8.71 | $4.97B |
| Jun 2019 | Series D | $279.92MM | $7.41 | $4.08B |
| Nov 2018 | Series C | $152.45MM | $2.40 | $1.21B |
| Nov 2018 | Series C-1 | $10MM | $2.40 | $1.21B |
| Mar 2018 | Series B | $51.3MM | $0.62 | $267.88MM |
| Apr 2017 | Series A-1 | $12.5MM | $0.20 | $68.69MM |
| Feb 2016 | Series A | $10.12MM | $0.17 | $46.34MM |
| May 2015 | Series Seed | $4.18MM | $0.08 | $13.94MM |
With a revenue of $147M and a Hype Multiple of 1.5x,
TripActions is estimated to be worth $3.1B.