Rocketrip helps companies save money on travel expenses by aligningβ¦
Company was acquired
Event Year: 2013
Company was acquired
Event Year: 2013
Rocketrip offered a solution for businesses seeking to reduce travel expenditures by motivating employees to make more economical choices. The core idea was to allow employees to retain a portion of the savings they generated, fostering a sense of ownership and encouraging them to be mindful of company resources during travel. Rocketrip's platform integrated real-time travel pricing data, company travel policies, and proprietary algorithms to establish personalized budgets and project the expected cost of each trip. By incentivizing employees to book in advance, choose less expensive accommodations, or explore alternative lodging options, Rocketrip enabled companies to save money while rewarding employees for their cost-conscious decisions. The platform also provided detailed reporting and integrated smoothly with existing corporate travel and expense management systems. This approach aimed to control business travel costs and improve overall corporate culture by aligning employee and company interests.
Rocketrip offered a solution for businesses seeking to reduce travel expenditures by motivating employees to make more economical choices. The core idea was to allow employees to retain a portion of the savings they generated, fostering a sense of ownership and encouraging them to be mindful of company resources during travel. Rocketrip's platform integrated real-time travel pricing data, company travel policies, and proprietary algorithms to establish personalized budgets and project the expected cost of each trip. By incentivizing employees to book in advance, choose less expensive accommodations, or explore alternative lodging options, Rocketrip enabled companies to save money while rewarding employees for their cost-conscious decisions. The platform also provided detailed reporting and integrated smoothly with existing corporate travel and expense management systems. This approach aimed to control business travel costs and improve overall corporate culture by aligning employee and company interests.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2014
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2014
B2B
B2B
B2B -> Finance and Accounting
B2B -> Finance and Accounting
Team size: 68
Hiring: No
Team size: 68
Hiring: No