TripActions Usage & Growth Statistics (2023)

TripActions stats
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TripActions is an “all-in-one” platform that enables users to book, plan for, and track expenses for business trips and tours. Our TripActions statistics shows that it is one of the leading apps with the best logistics services.

The app provides an optimized user interface and one of the best customer service. Thus, businesses use it to manage their travel bookings and expenses.

Companies and organizations also coordinate all the details of the business trips and expenses of their employees through TripActions. These details include booking flights, making reservations, managing corporate cards, tracking expenses, and much more.

Beyond the business world, TripActions is also actively used in similar spheres like tourism. It is therefore no wonder why TripActions is quickly becoming is one of the fastest-growing apps in 2022.

Now let’s dive into the amazing stats of this noteworthy app.

Key statistics 

  • TripActions is one of the fastest-growing apps in 2022 with year-over-year growth of 178%.
  • TripActions was created in 2015 by Ariel Cohen and Ilan Twig. 
  • TripActions’ users total over 8,800 customer enterprises globally. 
  • The US is the highest contributor to TripActions’ users, contributing almost 72%.
  • TripActions generates about $69 million yearly in revenue and has a valuation of $9 billion.

Who Created TripActions?

Ariel Cohen and Ilan Twig founded TripActions in March 2015 . They created and launched the app in June of the same year. They built TripActions to eliminate the drawbacks of previous business travel services. Its design turned out to be the first of its kind.

Today, TripActions is set on a global stage with its headquarters in Palo Alto, California, United States. 

Users Statistics:

TripActions boasts of over 8,800 customer enterprises globally. It has become the #1 service when it comes to corporate travel.

Hence, a lot of organizations are fast adopting TripActions as it handles all the complexities associated with corporate travel.

Some notable companies that have adopted TripActions service software include Netflix, Adobe, Heineken, BlazeMeter, Castlight, Clarivate Analytics, ConnectWise, Dotdigital, eHarmony, Epicor, and others.

App Statistics:

Google play store shows that TripActions has had over 100 million downloads.

Also, an analysis of TripActions statistics from Crunchbase reveals over 69,000 downloads in the last 30 days.

TripActions Acquisitions 

Since it was founded, TripActions has acquired three enterprises according to Crunchbase. These are:

  • Reed & Mackay. This was announced on May 5, 2021
  • Comtravo. This was announced on February 8, 2022
  • Resia. This was announced on March 8, 2022

Product Rankings

TripActions has a 4.8 out of 5-star rating in the Apple App Store after over 2900 reviews from users. It also ranks as the #174 app in the business category in the Apple app store. 

It also has a 4.7 out of 5-star rating on Get App after 159 reviews.

Based on TripActions statistics, other rankings include:

  • In Canada, it is ranked as the #142 app in the Apple app store and the  #241 app in the Google play store.
  • In the US, it is ranked as the #164 app in the Apple app store and as the #253 app in the Google play store.
  • In the UK, it is ranked as the #169 app in the Apple app store and as the #492 app in the Google play store.
  • In Germany, it is ranked as the #193 app in the Apple app store and as the #490 app in the Google play store. 

Source: Similarweb, Similarweb. These TripActions statistics are based on usage ranking in the “Travel and Local” category.

User Demographics 

Reviews of TripActions statistics from Similarweb offer us the following:

Gender Distribution: 

The percentage audience of TripActions by gender is as follows:

  • Males constitute 60.49%
  • Females constitute 39.51%

Source: Similarweb

Age Distribution:

Percentage audience of TripActions by age group is as follows

  • Ages 18-24: 17.03%
  • Ages 25-34: 32.19%
  • Ages 35-44: 23.27%
  • Ages 45-54: 15.20%
  • Ages 55-64: 7.83%
  • Ages 65+: 4.47%

Source: Similarweb.

We see here that the majority of TripActions users fall between the ages of 25-34.

Traffic Sources by Country:

Sources of traffic to TripActions by country in descending order are:

  • United States: 71.83%
  • India: 4.75%
  • United Kingdom: 3.13%
  • Canada: 2.86%
  • Poland: 2.05%
  • Others: 15.38%

Source: Similarweb

Management Team 

Meet the executives in charge of the oversight of TripActions:

  • Ariel Cohen. CEO/ Co-founder
  • Ilan Twig. Chief Technology Officer/ Co-founder 
  • Thomas Tuchscherer. Chief Financial Officer
  • Carlos Delatorre. Chief Revenue Officer
  • Meagan Eisenberg. Chief Marketing Officer 
  • Kim Huffman. Chief Information Officer 
  • Nina Herold. Chief Product and Operations Officer
  • Daniel Finkel. Chief Travel Officer

Source: Rocket Reach 

Revenue Stats: How Does TripActions Make Money?

TripActions generates revenue from its many logistical services offered to its customer companies. These include: Flight bookings, reservations, expense tracking, accounting features etc.

Crunchbase news reveals that TripActions had a $9 billion valuation as of May 2022.

What Makes TripActions Remarkable? 

The following are some of the reasons why more than 8,800 companies worldwide have adopted TripActions services:

  • It issues smart corporate cards: Smart corporate cards allow employees of these companies to make business expenses under the oversight of the company.
  • Travel booking: TripActions handles the whole process of travel booking and at the same time saves costs for the company.
  • Accounting features: Depending on the package a company is running, TripActions will account for expenses employees incur and also track expenses.
  • Deals on flights and hotels: TripActions AI works in such a way to get the best flight and hotel deals for the lowest costs. It also suggests deals with promos and deals with subsidies for employees.
  • 24/7 Agent Support: This also depends on the TripActions package the company runs. This allows the company to keep in touch with TripActions for guidance and assistance. 

Conclusion:

Finally, TripActions is the only “all-in-one” platform providing travel, corporate card, and expense solution services right now. This feature enables it to enhance productivity by saving companies quality time and money.

TripActions also affords its customers optimized user experience and all-around satisfaction. It is then of little wonder that this app is one of the fastest growing apps in 2022.