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Afternoon Coffee: TripActions investment; Public-private partner; PRO

Africa Studio/Adobe Stock TripActions, an artificial intelligence-enabled booking and management platform, announced it raised $155 million in an investment led by Andreessen Horowitz, according to VentureBeat. This latest investment brought TripActionsโ€™ valuation to $5 billion. The TripActions platform is made specifically to offer enterprises real-time data, automated reporting and insights into business travel and expenses. This investment comes at a time when businesses across t...
New York United States Nick Heinzmann Ariel Cohen Davidj Odeh Andrew Karpie

Struggling Local Governments May Get Help From the Private Sector

Struggling Local Governments May Get Help From the Private Sector As their fiscal woes become worse, some government officials are looking more closely at public-private partnerships as a way to jump-start their economies. One Chestnut Place, left, and a parking garage, right, are part of a public-private partnership in Quincy, Mass.Credit...M. Scott Brauer for The New York Times By Miranda S. Spivack Jan. 19, 2021 For state and local governments, the pandemic has brought financial gloom: Tax c...
New York United States United Kingdom Gabriel Silverstein Lauren Jezienicki M Scott Brauer

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