Arbitrip

Enterprise Solution for Managing Travel Costs

Business Software
Acquired by Talma Travel Solutions on Aug, 2022

Company Overview

Snapshot

Founded in December 2015 by Benny Yonovich and Orel Jossef, Arbitrip operated with 11–50 employees. The company raised $4 million across one funding round from Teddy Sagi Group. A key milestone for the company was its acquisition by Talma Travel Solutions in August 2022.

Business overview

Arbitrip provides an enterprise travel management platform designed to optimize business travel for companies. Its core technology utilizes an intelligent algorithm to personalize search results, offering room recommendations tailored to specific travel schedules and activities. The company operates within the Business Software sector, serving the travel and tourism industry with its B2B business model.

Strategic signal

Arbitrip was acquired by Talma Travel Solutions in August 2022, marking a significant exit for the travel-tech company. This acquisition signals a consolidation within the business travel management sector and validates Arbitrip's technology and market approach, indicating its solution was a valuable asset for a larger travel services provider.

Company Intelligence Q&A

What is Arbitrip's primary offering?
Arbitrip offers an enterprise travel management platform that helps companies manage business travel costs and personalize travel arrangements through an intelligent algorithm.
When was Arbitrip acquired and by whom?
Arbitrip was acquired by Talma Travel Solutions in August 2022.
How much funding did Arbitrip raise?
Arbitrip raised $4 million in a funding round in June 2018.
Which investor participated in Arbitrip's funding round?
In June 2018, Arbitrip raised $4 million from Teddy Sagi Group.
Did Arbitrip expand its operations internationally?
Yes, in February 2020, business travel startup Arbitrip expanded its operations to London.