# Runtrip

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/runtrip

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://corp.runtrip.jp
- Total disclosed funding: $0.9M
- Latest round: Series D (Feb 25, 2021)
- Investors on record: 2

## About

Runtrip, Inc. is a Tokyo-based company specializing in travel management solutions for corporate users and business travelers, enhancing operational efficiency and compliance through an integrated platform.Founded in 2015 and headquartered in Tokyo, Japan, Runtrip, Inc. offers a travel management system designed for businesses. The company has successfully raised JPY 30 million in SERIES D funding from SBI Investment on February 25, 2021, bringing the total amount raised to JPY 30 million with a current valuation of JPY 783.057 million. The company's history reflects a consistent focus on optimizing travel operations for various industries without noted pivots or changes in strategy.Runtrip Corp. specializes in providing a comprehensive platform that enables seamless travel and accommodation solutions specifically tailored for corporate users and business travelers. Their core product offerings include a robust travel management system that integrates travel booking, expense management, and itinerary planning into a single user-friendly interface. The platform is designed to streamline the travel booking process, enhance cost efficiency, and improve compliance with corporate travel policies. Targeted primarily at companies looking to optimize their travel operations, Runtrip serves a diverse client base that spans various industries, including technology, finance, and consulting. The geographical markets for their products extend beyond domestic borders, encompassing key business hubs across Asia, Europe, and North America, which allows them to cater to an international clientele.Runtrip Corp. generates revenue through a subscription-based model that provides companies access to its travel management platform. Clients typically engage in annual contracts, wherein they pay a recurring fee for the use of the platform and any associated services, including customer support and software updates. Additionally, the company may offer tiered pricing plans based on the number of users or the volume of bookings processed, ensuring flexibility for businesses of all sizes. The transactions involve direct interactions between Runtrip and its corporate clients, where services such as travel bookings, expense tracking, and reporting are bundled for a comprehensive solution. As a result, clients benefit from streamlined processes that enhance travel efficiency, ultimately leading to cost savings for their organizations.Runtrip, Inc. aims to enhance its product offerings by developing new functionalities for its travel management platform, with targeted releases expected in the coming quarters. The company is also planning to expand its services in key international markets, focusing on regions in North America and Europe by 2024. The recent JPY 30 million raised in SERIES D funding will be allocated to support these growth initiatives, facilitating the development of new features and market expansion efforts.

## Funding rounds

- Series D, Feb 25, 2021, $0.3M — SBI Investment
- Series D, Dec 25, 2020, $0.6M — FFG Venture Business Partners

## Investors

- FFG Venture Business Partners (https://capitalatlas.ai/funds/ffg-venture-business-partners) — Series D
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series D