Participated · Series A · Sep 2021

Troop develops a corporate meeting management platform that leverages data aggregation and algorithms to make organizing in-person meetings easy. The platform automates the manual work of pulling together pricing and availability and augments bookings with sustainability and safety data to mitigate risks, reduce costs, and lower carbon footprint. Troop serves customers ranging from startups and fast-growing companies to established global enterprises. The company has entities in the USA, Spain, South Africa, and the UK. In March 2023 Troop raised $11M in a Series B led by Durable Capital Partners and Madrona Venture Group and intends to use the funds to grow its technology, customer success, and sales teams to support expansion across Europe and the US. Troop was co-founded by Leonard Cremer and Dennis Vilovic and is based in Villanueva del Pardillo, Spain. TROOP provides a self-serve, cloud-native meetings management platform that optimizes location and timing choices based on factors like corporate CO2 goals and participant home locations. The product presents a menu of options for in-person group meetings, offers a dashboard to visualize and aggregate data, and supports collaborative planning workflows. TROOP integrates sustainability and safety data alongside travel content and communications services to streamline planning for meetings of all sizes. The company plans to build out booking and expense functionality to deliver a true end-to-end service. Started pre-pandemic, TROOP has continued to see business increase as remote teams reunite and business travel picks up. TROOP has received industry recognition including the Techsyvania Startup Avanache Award and the ACTE Tech Studio Award.

Participated · Equity · Jan 2020

Triporate offers a platform to book flights and accommodations that integrates dynamic travel policies and a proprietary search‑optimization algorithm to streamline requests and reservations across all phases of a trip. The company’s technology is designed to optimize the relationship between agencies and corporate clients while improving internal agency processes. Triporate reports serving more than 100 clients and manages travel for companies with between 10 and 500 employees. The startup was founded and is led by Sergio Orozco alongside co‑founders Ernesto Cohnen, Asier Vitorica and Francisco Vieira. Triporate is based in Madrid. Financially, the company has completed multiple financings, including a previous €266,000 round through StartupXplore and a subsequent larger round in 2020. Triporate operates a platform for booking flights and accommodations that integrates dynamic travel policies and a proprietary algorithm to optimize search results. The company applies artificial intelligence across its request and travel-management processes. It has signed contracts totaling close to €1 million in travel volume and reports an average monthly revenue growth rate of 88%. Triporate is part of the Campus Residency program. The startup plans to use newly raised funds primarily for product development, implementing additional AI layers, improving internal processes, and reinforcing commercial activities. It is based in Madrid and competes in the internet/IT travel sector.