Travel Startup TripActions Has Filed Confidentially for an IPO

  • TripActions, which was last valued at $7.25 billion, aims to modernize business travel.
  • The startup has filed to go public next year, according to a person with direct knowledge of the matter. 
  • A spokeswoman said an IPO has long been under consideration but would not comment on specific plans. 

TripActions, a startup last valued at $7.25 billion that aims to modernize business travel, has filed confidential paperwork with the U.S. Securities and Exchange Commission to go public next year, according to a person with direct knowledge of the matter. 

Founded in 2015 by Ariel Cohen and Ilan Twig, the Palo