BizAway

About BizAway

BizAway is a corporate travel management company founded in 2015 by CEO Luca Carlucci and CTO Flavio Del Bianco. The founders combined their interests in travel and technology to address a gap in the market for a more efficient and flexible way to manage business travel. Carlucci's background includes experience at the World Trade Organization and an MBA that involved time in both Spain and China, which provided him with a global business perspective and firsthand knowledge of the complexities of corporate travel. Del Bianco's technical expertise was crucial in developing the proprietary software that serves as the company's foundation.

The company operates on a SaaS-driven model, providing a centralized, all-in-one platform for companies to book and manage business trips. Its client base includes over 1,750 companies of various sizes, such as BDO, Satispay, and Doctors Without Borders. Revenue is generated through both free and paid plans, with advanced features reserved for paying customers. The platform offers a comprehensive travel inventory, including access to over 900 airlines, numerous train carriers, and more than 1.4 million lodging facilities, which allows for an average client saving of 25% compared to market prices.

BizAway's platform is designed to streamline the entire business travel process. Key features include tools for creating automated approval workflows, managing travel policies, and handling invoicing and reporting. The system supports multiple languages and currencies and integrates with tools like Google and Microsoft. A significant feature is its integrated travel risk management system, which uses a dynamic map to help companies monitor employee safety. The company also offers a carbon offset option to mitigate the environmental impact of travel. In a move to provide greater flexibility, BizAway introduced "BizzyFlex," a service that allows users to cancel bookings up to three hours before departure for a fee, receiving an 80% refund. Another addition, "BizzyPay," is a payment solution that uses physical and virtual credit cards with customizable spending limits.

Since its start as a two-person operation, BizAway has grown to over 300 employees with offices in Italy, Spain, Albania, and the UAE. The company has marked its growth with several key milestones, including becoming the first Travel Management Company to achieve B Corp certification in 2022. It has also seen significant financial backing, securing multiple funding rounds totaling over €50 million, including a €35 million investment from Mayfair Equity Partners in September 2024. The company has pursued strategic acquisitions, such as purchasing the business travel division of Next Generation Travel in 2023 and Aervio, a specialist in AI solutions for travel, in 2025.