SAP Concur

SAP Concur, founded in 1993 and headquartered in Bellevue, Washington, specializes in developing integrated travel and expense management solutions. The company aims to transform travel, expense, and invoice management by providing tools that simplify everyday processes and enhance user experiences. SAP Concur offers a fully connected spend management solution that encompasses travel, expense, invoice, compliance, and risk management, catering to businesses of all sizes. With a focus on innovation and a dynamic ecosystem of partners, SAP Concur helps organizations reduce complexity and gain valuable insights into their spending, allowing for proactive management of expenses. The company also established a joint venture in Tokyo, Japan, to meet the growing demand for cloud computing and mobile solutions in the region.

John Torrey

Executive Vice President of Corporate Development

25 past transactions

Hipmunk

Acquisition in 2016
Hipmunk is a travel search site that aims to take the agony out of travel planning. Their mission is to help people book travel faster and more efficiently. Hipmunk was designed to help people who are overwhelmed with pages of irrelevant search results. Hipmunk presents flight results in a visual timeline that allows people to select the best flight for them at a glance. Hotel results are shown on a map so that people can view wherein a destination they will be staying and the landmarks near them.

Cleartrip

Venture Round in 2016
Cleartrip is an online travel platform where travelers can search for and book flights to any destination. They are focused on simplicity, comprehensibility, reliability, and responsibility to give you the best travel service.

StayNTouch

Series A in 2016
StayNtouch is an enterprise mobile cloud platform that improves how hotels operate and connect with their guests. Today’s systems that run hotels are overly complex, not cloud-based, not designed for touch or tablets, and lack integrated guest self-service or social capabilities. This limits revenue uplift, capex/opex savings, guest service, and connection. StayNTouch changes this by delivering an entirely new approach to how hotels can dramatically streamline operations and increase margins, how they connect with and engage their guests, and how guests experience their hotels. We’ve done this by creating a two-pronged product strategy that includes a mobility overlay that plugs into the hotel’s existing back-end system AND by creating the world’s first “Post PC-Era” Property Management System (PMS) leveraging the convergence of SaaS/cloud, UI consumerization, tablet and touch computing, as well as guest mobile phones and social technologies, to manage all staff and guest touch points on a single platform. Think Workday for Hotels.

LoungeBuddy

Series A in 2015
LoungeBuddy is the Opentable for airport lounges, enabling lounge operators to sell their significant excess capacity to travelers looking for a better travel experience for an affordable, one-time fee. While airport lounges globally have capacity to accommodate 350 million entries they currently receive <250 million. This difference means an excess capacity value of $3.5 billion+ annually. Lounge experiences will soon be considered regular parts of every air travel experience alongside flight + hotel bookings. As the only technology-focused company in the airport lounge industry worldwide, LoungeBuddy has created a patent-pending, real-time inventory management platform to bring in the optimal number of passengers at any given time. With our system in lounges around the world, our platform can power transactions for numerous companies including OTAs, TMCs, Apps, and airlines to allow lounges to generate additional revenue while providing highly relevant offers to their customers.

Cleartrip

Venture Round in 2014
Cleartrip is an online travel platform based in Bengaluru, India, that enables travelers to search and book flights, train tickets, hotel reservations, and travel packages. The company focuses on providing a user-friendly experience by streamlining the reservation process, allowing users to manage their bookings from various sources on a single platform. Cleartrip emphasizes simplicity, reliability, and comprehensibility, ensuring that travelers can access essential services without unnecessary complications. Through its comprehensive offerings, Cleartrip aims to enhance the overall travel experience for its users.

Table8

Series A in 2014
Table8 is an app and web-based dining guide providing users a new way to find and book their ideal restaurant reservation and discover new food and drink experiences in cities across the country. Table8 allows diners to browse and book reservations and culinary experiences in one seamless process – no hopping from site to site to cross-reference ratings, availability, menus, critic evaluations etc. Table8’s curated catalog of restaurants and events points users to exceptional dining experiences as selected by experts on the ground in each city. Restaurants are rated on a 100-point scale with awards given in 28 categories including “Best Cocktail Program” and “Best Japanese“ to help diners choose their ideal restaurant without combing through a myriad of sources. Culinary events range from “first look” restaurant previews, one-of-a-kind chef collaborations, winemaker dinners and not-to-be-missed pop-ups and more.

Yapta

Series D in 2013
Yapta is a travel Website and browser add-on that lets you track flight prices as they change and alerts you when the price for a particular flight drops. It also helps you get a refund or credit from airlines with guaranteed low-price policies. The company also provides real-time price tracking of airfares and hotel rates across the globe via FareIQ and RoomIQ. Yapta was founded in 2007 and is headquartered in Seattle, Washington, United States.

Alminder

Seed Round in 2013
Alminder, Inc. makes Mynd Calendar, an intelligent mobile calendar app for iPhone that acts like a virtual assistant, making your life easier at home and work and saving you time. It learns where you spend your time and who you meet along the way, becoming increasingly helpful the more you use it. It syncs with all of your existing calendars and can be used instead of your Apple calendar on your iPhone. Unlike other so-called 'smart calendars,' Mynd Calendar's sophisticated algorithms identify the places you're going within the content of your calendar events and accurately predict (even in advance) how much buffer time you need to schedule between meetings given the typical traffic at that time of day. As you get closer to your appointments, Mynd Calendar tells you when to leave, based on current traffic conditions and launches your favorite navigation app to get you to your appointment on time. Mynd Calendar also: -Notifies you when you're running late and lets you easily email, call or text the people who need to know from within the calendar. -Automatically identifies conference call numbers and facilitates easy, one-click dial-in. -Discovers the people listed in your calendar events and looks up their LinkedIn profiles and information from your address book, so you know who you’re meeting with and can get in touch with them directly from your calendar. -Pulls in your relevant Evernote notes so that you're always prepared for your next meeting. -RSVP to meeting invites. -Tells you the weather at both where you are and where you're going.

Visage Mobile

Venture Round in 2013
A wireless expense management and telecom expense management firm specializing in reducing communications costs using proprietary software and expert analysts. Visage Mobile handles everything from bill analysis across multiple carriers, to fully managed wireless and wireline services.

Trover

Seed Round in 2013
Trover is a visual guide to the best of everywhere, powered by travel geeks and culture hounds, gut-checked by peers, and lusted after by aspirational newbies. Accessible via the web and an iPhone app, it’s a community for people to share their photos, get recognition for their discoveries, and find inspiration for their next jaunt. The hundreds of thousands of beautiful, annotated photos posted on Trover span 175 countries and represent experiences as varied as zip lining in Singapore, flea markets in Brooklyn, and cocktails in Kyrgyzstan. Trover is a private company funded by Concur, Benchmark Capital, General Catalyst Partners, and Ignition Partners, with offices located in Seattle, Washington. It was founded by experienced entrepreneurs, Jason Karas, CEO with a background in social and mobile technologies, and Rich Barton, who founded Expedia.com and co-founded Zillow.

StayNTouch

Seed Round in 2013
StayNtouch is an enterprise mobile cloud platform that improves how hotels operate and connect with their guests. Today’s systems that run hotels are overly complex, not cloud-based, not designed for touch or tablets, and lack integrated guest self-service or social capabilities. This limits revenue uplift, capex/opex savings, guest service, and connection. StayNTouch changes this by delivering an entirely new approach to how hotels can dramatically streamline operations and increase margins, how they connect with and engage their guests, and how guests experience their hotels. We’ve done this by creating a two-pronged product strategy that includes a mobility overlay that plugs into the hotel’s existing back-end system AND by creating the world’s first “Post PC-Era” Property Management System (PMS) leveraging the convergence of SaaS/cloud, UI consumerization, tablet and touch computing, as well as guest mobile phones and social technologies, to manage all staff and guest touch points on a single platform. Think Workday for Hotels.

TRX

Acquisition in 2013
TRX, Inc., a travel technology and data services provider, offers software-as-a-service utilities for online booking, reservation processing, data intelligence, and process automation. The company delivers its technology applications as a service over the Internet to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. Its hosted technology suite includes Data Reporting suite that enables the aggregation, enhancement, extraction, and reporting of transaction data; Reservation Processing, a suite of utilities that processes clients' travel data records, such as automated quality control, file finishing, and electronic ticketing, including low fare searches, seat assignments, upgrades, and alternate route and carrier searches; and Online Booking suite that offers an interface for business travelers and/or their travel arrangers to book policy-compliant air, car, and hotel reservations and manage their travel preferences. TRX, Inc. sells its tools primarily through its distributor program that supports corporate travel agencies in North America, Europe, and Asia. The company was incorporated in 1999 and is headquartered in Atlanta, Georgia.

conTgo

Acquisition in 2013
conTgo has pioneered a global software-as-a-service technology platform with integrated mobile services that enables companies to track, locate and communicate with their travellers. This fully flexible and dynamic cloud platform enables companies to access and leverage real-time traveller data whilst delivering communication and services to travellers.

Room 77

Series C in 2013
Room 77 offers the most advanced hotel shopping experience on the Web today by allowing travelers to simultaneously compare pricing across every major online travel agency and more, shop across a variety of room types, and book more than 200,000 hotel rooms worldwide. Unlike other travel sites, Room 77 doesn't stop at the booking. Travelers booking 4- or 5-star hotels, or stays totaling more than $400 on Room 77 get access to a complimentary Room Concierge who utilizes Room 77's proprietary RoomMatch technology to identify the best rooms for each traveler then works directly with the hotel to score one of those rooms for the guest.

Nor1

Series B in 2012
Nor1, Inc. provides data-driven upsell technology solutions to the travel industry. Headquartered in Silicon Valley, Nor1's patented, real-time decisions intelligence engine, PRiME®, powers Nor1's scalable upsell platform including its signature eStandby Upgrade®. These solutions are engineered to maximize revenues and build brand loyalties for the world's leading hospitality companies. Nor1 continues to attract technology’s most distinguished investors, such as Concur (CNQR), Goldman Sachs and Accel Partners.

Evature

Seed Round in 2012
Evature is developing an Expert Virtual Agent (EVA) technology utilizing cutting edge Natural Language Processing (NLP), Artificial Intelligence and machine learning. EVA is a Virtual Travel Agent who understands customers travel requests (submitted in natural language) and acts upon them (deferring to a human agent when in doubt). EVA has the potential to significantly reduce operating expenses and increase productivity of travel agencies and travel web sites.

buuteeq

Series B in 2012
buuteeq is a Digital Marketing System (DMS) that enables hotels to create and manage high-performing websites, mobile phone content, a Facebook presence, and direct-to-hotel online reservations. The system combines content management, branded digital marketing materials, integrated online reservations, and reporting tools that together offer independent hotels a complete solution to manage their digital marketing efforts. The company launched its buuteeq DMS service in January 2011

Yapta

Venture Round in 2011
Yapta is a travel Website and browser add-on that lets you track flight prices as they change and alerts you when the price for a particular flight drops. It also helps you get a refund or credit from airlines with guaranteed low-price policies. The company also provides real-time price tracking of airfares and hotel rates across the globe via FareIQ and RoomIQ. Yapta was founded in 2007 and is headquartered in Seattle, Washington, United States.

Room 77

Series B in 2011
Room 77 offers the most advanced hotel shopping experience on the Web today by allowing travelers to simultaneously compare pricing across every major online travel agency and more, shop across a variety of room types, and book more than 200,000 hotel rooms worldwide. Unlike other travel sites, Room 77 doesn't stop at the booking. Travelers booking 4- or 5-star hotels, or stays totaling more than $400 on Room 77 get access to a complimentary Room Concierge who utilizes Room 77's proprietary RoomMatch technology to identify the best rooms for each traveler then works directly with the hotel to score one of those rooms for the guest.

GlobalExpense

Acquisition in 2011
GlobalExpense is Europe's leading end-to-end expense management solution. We are a specialist provider that will work with you to ensure process efficiency, legislative compliance and genuine cost reduction.

Cleartrip

Venture Round in 2011
Cleartrip is an online travel platform where travelers can search for and book flights to any destination. They are focused on simplicity, comprehensibility, reliability, and responsibility to give you the best travel service.

SAP Concur

Series A in 2011
SAP Concur, founded in 1993 and headquartered in Bellevue, Washington, specializes in developing integrated travel and expense management solutions for businesses of all sizes. The company aims to streamline travel, expense, and invoice management through innovative technology that simplifies everyday processes and enhances user experiences. By offering a connected spend management solution, SAP Concur enables organizations to gain clear insights into their spending, allowing for proactive management of expenses. The firm has also established a joint venture in Japan to cater to the growing demand for cloud computing and mobile solutions in the region. Through its global expertise and dynamic partnerships, SAP Concur is committed to helping businesses reduce complexity in their financial operations.

TripIt

Acquisition in 2011
TripIt is an intelligent travel organizer that helps travelers manage their plans so that their trips go more smoothly. Travelers simply forward their purchase confirmation emails to TripIt and TripIt automatically creates master itineraries with travel plans and other critical information. With TripIt, it's easy for travelers to print or access their trip plans from anywhere--and to share itineraries and travel calendars with friends in their TripIt network.

Etap-On-Line

Acquisition in 2009
As of August 1, 2009, Etap-On-Line was acquired by Concur Technologies, Inc. Etap-On-Line develops and markets information technology solutions to the travel and tourism sector. The company offers business travel and expense management solutions to small and medium enterprises. Etap-On-Line markets its product under the Ulysse Travel & Expenses brand name. Its clientele include BNP Paribas, Carrefour, Credit Agricole SA, France Telecom, L'Oreal, LVMH, and Saint Gobain. Etap-On-Line was founded in 1993 and is based in Paris, France.

Curb

Series B in 2009
Curb is an online and mobile software application that has revolutionized the taxi industry and seeks to change the way people get around. Curb connects you to safe, reliable rides from the professional taxi and for-hire drivers nationwide. By bringing technology to the taxi and sedan experience, Curb is offering riders choice, reliability, and convenience whenever they ride. Curb’s story is told in three parts. Curb began in 2007 as RideCharge, an online service for business travelers to manage the booking and expensing of taxi rides and other local ground transportation. It soon developed a broader consumer focus, hastened by the adoption of smartphone technology. In our second iteration, Curb was Taxi Magic, the first mobile app for ordering a ride, on-demand. After Apple introduced the App Store as a distribution platform for consumer apps, we built Taxi Magic upon our existing technology and released it in January 2009. Over the next five years, we built a nationwide network of riders, drivers, and taxi companies. In that time, our technology-powered millions of rides and highlighted the challenges facing everyday travelers. In August 2014, Taxi Magic became a Curb to deliver an improved ride experience and consumer choice to ground travelers everywhere. All rides begin and end at the curb, and our technology improves the entire experience from curb to curb by eradicating underlying pain points and making ground travel seamless and hassle-free. Now, Curb is consistently ranked in the Top 50 for “Travel & Tourism” in the App Store and the Android Marketplace. In addition, we have built the Curb Passenger Information Monitor (PIM) that supports credit card payment and entertaining video content. The Curb Network consists of 35,000 taxis with 90 fleets in 60 US cities. By aligning riders, drivers, and fleets, Curb offers a better overall ride experience. The company was founded in 2007 and headquartered in Long Island City, New York.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.