February 20 2014
Posted in: Self service

How one man is driving towards the perfect trip. Do you concur?

Concur has been quietly investing in young companies in the past four years, sometimes taking a small share, sometimes larger, rarely with much fanfare. The company has positioned itself somewhere in the blurring lines of technology provider and travel facilitator (although not TMC) and is admired by many for its strengths, particularly its balance sheet.

In first quarter 2014 results, Concur beat estimates for revenue, earnings and new customer growth. It effectively had more money than it could spend. Its investments and strategy are plugging some of the gaps in the business travel experience to get to what it calls the ‘Perfect Trip’.

Recent investment milestones:

Enjoy reading the entire article on tnooz.com.