Planned, a Montreal, Canada-based provider of an end-to-end solution for travel & events, raised $35M in Series B funding.
The round, which brought the total amount to $65M, was led by Drive Capital, with the participation of Outsiders Fund and two other firms. In addition to the funding announcement, Planned added Frederic Lalonde, CEO and Co-Founder of Hopper and former VP at Expedia, to its Board of Directors.
The company intends to use the funds to reinforce its AI capabilities, continue its global expansion, and launch its online booking tool.
Founded in 2017, and led by Marc Bonin and Emeric Noel, Planned is a source-to-pay service for Travel & Events accelerated by technology. The company, which combines human service with AI to deliver customized sourcing and booking services, serves clients including PwC, Block, AWS, and Instacart.
By augmenting sourcing capabilities through its AI-driven platform, Planned ensures travel and events are booked within policy, at the right price.
FinSMEs
18/07/2024