Comtravo gets Microsoft venture fund on board with €9 million round
01/15/2020|3:24:03 PM|PhocusWire

Corporate travel startup Comtravo has raised a €9 million round, taking its funding to a total of €30 million.

The investment comes from Microsoft’s venture fund M12 and Joop Drechsel, former CEO of BCD Travel, who joins Comtravo’s board, as well as a number of other investors.

The round was initially completed in September last year.

The Berlin-based startup, which was founded in 2015, says it is not seeking to revolutionize business travel but, instead, "simplify it."

At launch, the company received funding to the tune of €8.5 million.

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