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 TripActions’ 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 the spectrum embrace new ways of functioning, with things like remote work taking center stage. Corpo...