Traxo

Traxo

The world’s only provider of real-time corporate travel data capture.

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Late VC
Total Funding000k
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More about Traxo
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Traxo operates in the corporate travel management sector, providing a centralized platform that consolidates travel data from various sources, including Travel Management Companies (TMCs) and direct supplier bookings. The company serves corporate clients who need to manage their travel programs efficiently and ensure Duty of Care for their employees. Traxo's platform enables clients to track all corporate travel activities in real time, regardless of where bookings are made. This comprehensive visibility allows companies to react swiftly to safety issues, identify savings opportunities, and negotiate better rates with suppliers. By automating the tracking and reconciliation of travel expenses, Traxo helps businesses turn their travel programs into strategic assets, driving cost savings and competitive advantages. The business model is primarily subscription-based, where clients pay for access to the platform and its various features. Traxo generates revenue through these subscriptions and potentially through partnerships with travel service providers.

Keywords: corporate travel, real-time tracking, travel management, cost savings, risk management, Duty of Care, TMC data, supplier bookings, travel spend analysis, centralized platform.

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Investments by Traxo

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GoMiles
ACQUISITION by Traxo Sep 2012