# Tripeur

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

- Industry: Software
- Headquarters: Bengaluru, India
- Website: www.tripeur.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Nov 3, 2016)
- Investors on record: 1

## About

Based in India, Shorebird Technologies Pvt. Ltd leverages artificial intelligence to enhance corporate travel management and expense solutions, providing innovative tools for businesses to optimize their travel operations and financial processes.Shorebird Technologies Pvt. Ltd operates in the corporate travel management sector, providing tools to improve travel planning and expenses. Founded in 2015 and headquartered in Bengaluru, India, the company has completed a total of 5 deals. The founder, Sajit Chacko, has a background in technology and entrepreneurship. The latest funding round was a venture round led by SenseAI Ventures, which raised INR 61.800 mn and brought the total amount raised to INR 61.800 mn. The current company valuation stands at INR 419.488 mn.Shorebird Technologies Pvt. Ltd's primary offerings include a comprehensive corporate travel management platform and optimized expense management solutions. Their platform allows employees to independently manage travel arrangements, offering a wide range of travel options and special rates from suppliers. This service is designed to cater to various client needs, from small businesses to large enterprises, across markets including France, Germany, the United Kingdom, the United States, and Spain. Organizations can implement custom travel policies, ensuring budget compliance while allowing employee autonomy in travel bookings, further enhanced by reward systems for cost-effective decisions.In the most recent year of 2023, Shorebird Technologies Pvt. Ltd generated revenue of INR 430,930.3, while recording an EBITDA of -INR 347,493.2 for the same year. The company operates on a subscription-based model for its travel management services, where businesses pay to access its platform, facilitating their travel management processes with features like expense categorization and real-time visibility.Shorebird Technologies Pvt. Ltd plans to utilize recent funding to enhance its product offerings and expand into new geographic markets. The company aims to design and launch new products that will further streamline corporate travel and expense processes, although specific release dates are not disclosed. Additionally, it targets growth in regions such as Southeast Asia and Europe by the end of 2024. Recent funding from Sarcha Advisors will support these initiatives, enabling the company to improve its platform and expand its reach.

## Funding rounds

- Seed, Nov 3, 2016, $0.3M — Grace Techno Ventures

## Investors

- Grace Techno Ventures (https://capitalatlas.ai/funds/grace-techno-ventures) — Seed
