Perk is an AI-native platform that combines travel, spend and events into an integrated product experience, automating bookings, expenses, invoice processing and event management. Founded in 2015, the company says it is trusted by more than 12,000 companies worldwide, including On Running, Breitling and Fabletics. In 2025 Perk crossed $300 million in annualized revenue and reported 48% year-over-year revenue growth, alongside gross margins that expanded from about 40% to the mid-70s over three years. The company recently launched its integrated travel and spend platform and plans an upcoming U.S. launch of its integrated spend product. Perk intends to use new capital to accelerate investment in product, technology and AI and to support continued global expansion. The business emphasizes strong unit economics and a pathway to profitability in the short term.

Total raised

$1.1B

Funding rounds

11

Latest round

Debt Financing

Latest activity

Jun 2026