R
Rocketrip
Cuts a company’s travel costs by incentivizing employees to spend less on their trips
About Rocketrip
Rocketrip is a company that helps enterprise clients reduce their corporate travel expenses by incentivizing employees to make cost-effective travel decisions. Operating in the corporate travel management market, Rocketrip integrates seamlessly with existing travel programs, allowing employees to book flights, trains, hotels, and rental cars while being rewarded for choosing less expensive options. The business model revolves around providing a 'Price to Beat' for each trip, and employees who spend less than this benchmark keep a portion of the savings. This not only reduces overall travel costs for the company but also enhances employee satisfaction by offering tangible rewards. Rocketrip generates revenue through partnerships with enterprise clients who benefit from reduced travel expenses and comprehensive reporting via the Rocketrip Insights dashboard. The company serves large organizations looking to optimize their travel budgets while maintaining employee satisfaction.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2013
- Headquarters
- New York City, United States
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 63.3/100
- Industry
- Travel, Fintech
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Social, Travel, Entertainment, Tourism, Business Travel, Reporting, Video, YC W14
- Business model
- SaaS
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning Rocketrip.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Sep 2020 | $0 | — | Mondee | — |
| SERIES C✓Equity / VC | Apr 2018 | $15M | $60M | Bessemer Venture Partners · GV | — |
Growth signals
Latest recorded traffic for Rocketrip is 170 monthly website visits, down 82.1% over the last three months. Rocketrip's team declined 80% over the past year.
Similar companies
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Y Combinator
Genacast Ventures
Series A4 investors entered at this stage
Series B and later1 investor entered at this stage
Other known investors4 additional known investors
Mondee
Comcast Ventures
Gil Beyda
Plug and Play
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Rocketrip on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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