Expense management platform SalesTrip scored $1.4m in funding

SalesTrip, which builds expense management and travel booking software, has scored $1.4m in its seed funding.

The round was led by Floreat Group, an independent and private investment firm.

SalesTrip witnessed more than 250% growth in the past year.

With the fresh funds, the company plans to scale its operations in the US, build additional product integrations and increase demand across key markets.

The FinTech company offers an expense management and travel booking system, which is built on the Salesforce platform.

Floreat Principal Investing managing director Karim Jallad said, ?We actively seek technology companies and platforms that have strong products with flexible and attractive business models.

?The COVID-19 crisis has presented unique and severe challenges to the travel and expense management technology sector, with much of business travel grounded. SalesTrip has proven the flexibility, adaptability and strength of its SaaS platform and has thrived despite the global pandemic. For this and many reasons, we are pleased to invest in and partner with SalesTrip.p>

London-based SalesTrip has raised a total of $3m in funding since it was founded.

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