Arbitrip
Enterprise Solution for Managing Travel Costs
Company Overview
Snapshot
Founded in December 2015 by Benny Yonovich and Orel Jossef, Arbitrip operates with 11–50 employees. The company was acquired by Talma Travel Solutions in August 2022.
Business overview
Arbitrip provides an enterprise travel management platform designed to optimize business travel for companies. Its core technology utilizes an intelligent algorithm to personalize search results, offering users room recommendations tailored to their specific travel schedules and activities. The company serves the business travel market, operating within the Business Software sector, with a focus on enterprise solutions, travel technology, and human resources management.
Strategic signal
Arbitrip's acquisition by Talma Travel Solutions in August 2022 signals a consolidation within the travel technology sector, indicating a strategic move by a larger player to integrate advanced travel management capabilities. This event suggests a validation of Arbitrip's platform and its potential to enhance corporate travel offerings, providing a clear exit for investors and a new growth trajectory under a larger entity.
Log in to access full profile ›Company Intelligence Q&A
- What is Arbitrip's primary business?
- Arbitrip offers an enterprise travel management platform that helps companies efficiently manage their business travel by providing personalized room recommendations through an intelligent algorithm.
- When was Arbitrip founded and by whom?
- Arbitrip was founded in December 2015 by Benny Yonovich and Orel Jossef.
- What was a significant corporate milestone for Arbitrip?
- Arbitrip was acquired by Talma Travel Solutions in August 2022, as reported by Globes. The financial terms of the acquisition were not disclosed.
- Did Arbitrip expand its operations internationally?
- In February 2020, business travel startup Arbitrip expanded its operations to London.
- What insights did Arbitrip's survey reveal about business travelers?
- A May 2020 survey by Arbitrip indicated that 73% of business travelers would be willing to pay more for strict hygiene restrictions.