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Perk Secures $300 Million Credit Facility to Accelerate AI Platform Growth

1reports1reporting sources2026-06-03Update

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Perk's financing reflects investor confidence in AI-native travel and spend management platforms, and its growth may impact the corporate travel management market.

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6月3日
  1. Perk Press Releases
    Perk Secures $300 Million Credit Facility to Accelerate AI Platform Growth

    Perk (formerly TravelPerk) announced the close of a $300 million private credit facility led by Neuberger Specialty Finance, with Blue Owl Capital, Hercules Capital, and Liquidity. Proceeds will accelerate investment in product, technology, and AI, supporting global expansion including the upcoming US launch of its integrated spend platform. Perk grew revenue 48% in 2025, surpassing $300 million in annualized revenue, with gross margins improving from 40% to mid-70s.