According to the information provided by New York-based Spotnana, the venture received an investment of $ 75 million in the series B investment round.
Spotnana , an initiative that offers corporate travel management software with the “Travel-as-a-service” operating model, announced that it has received a new investment. According to the information provided by New York-based Spotnana, the venture received an investment of $ 75 million in the series B investment round .
To remind you, Spotnana, which received an investment of 34 million dollars in September of last year, increased its total investment amount to 116 million dollars with the new investment of 75 million dollars . The valuation of the venture was not shared.
Spotnana’s $75 million Series B investment round was led by Durable Capital Partners LP . Apart from Durable Capital Partners LP, Madrona Venture Group , Iconiq Growth , Mubadala Capital and Blank Ventures also participated in the investment round.
Founded in the USA in 2019 by Sarosh Waghmar (CEO) and Shikhar Agarwal (CTO) , Spotnana offers cloud-based software that focuses on corporate travel solutions. According to the information conveyed by Spotnana, the new investment will be used to accelerate recruitment and deliver the offered software to more customers.
Spotnana, which grew rapidly with the slowdown of the pandemic, doubled the number of its employees compared to the previous year. According to the information conveyed by Spotnana, the company currently has more than 200 employees . Let’s add that Spotnana, based in New York, has offices in Bengaluru, Pune and Mumbai .