BARCELONA - Business travel management platform, TravelPerk, announced that it has been recognised as the worlds fastest growing Software-as-a-Service (SaaS) company, according to the 2019 edition of SaaS Mags acclaimed ranking, the SaaS 1000.The SaaS 1000 is an annual ranking of the world's top growing SaaS companies. Using a proprietary algorithm, industry publication SaaS Mag ranks the fastest-growing SaaS companies based on hiring trends, growth indicators and the number of employees. According to this algorithm, TravelPerk has achieved 122% growth, making the company the worlds fastest growing SaaS provider over the last 12 months. TravelPerk was ranked 5th in 2018s SaaS 1000 and is one of only two European companies in the top ten in 2019.

The recognition from SaaS Mag follows a landmark year for TravelPerk. Key milestones for the business in 2019 included:

Avi Meir, CEO and co-founder of TravelPerk, said: We created TravelPerk in 2015 because we knew that business travelers needed a dramatically better experience. The industry had been dominated by outdated tech and outdated thinking and we believed there was a big opportunity for a startup that could use technology to give travelers a seamless experience while providing businesses with more control and visibility. The rapid growth we have experienced since then shows that we were right - but were not done yet. We have ambitious growth plans for 2020 and we're working on some really exciting innovations that we believe can take business travel into a new era, and drive the next stage of our company growth.

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TravelPerk named the world's fastest growing SaaS company in 2019 SaaS 1000 - Travel Daily News International