Blockskye Secures $15.8M to Revolutionize Corporate Travel
July 24, 2025, 3:51 pm
Location: Spain, Community of Madrid, Madrid
Employees: 10001+
Founded date: 1997
Total raised: $224.59M
Blockskye raised $15.8 million, now totaling $33 million, to transform the global corporate travel sector. Their blockchain-based platform eliminates inefficiencies, offering direct supplier connections, real-time reconciliation, and automated expense reporting. This funding will launch new payment products, drive international expansion, and scale their expert team. Blockskye brings critical transparency and cost savings to enterprise clients, reshaping a $1.5 trillion industry.
Corporate travel faces a major overhaul. Outdated systems plague the industry. Inefficiency reigns supreme. Blockskye presents a powerful solution. This Boston-based innovator secured $15.8 million in new funding. This round pushes their total capital raised to $33 million. The investment signals strong confidence. It validates their disruptive approach to enterprise travel.
The corporate travel market is vast. It represents a $1.5 trillion industry. Yet, it struggles with archaic infrastructure. Intermediaries complicate processes. Trust and transparency are often lacking. Enterprises demand modern solutions. Blockskye delivers them.
Their core technology is blockchain. This robust foundation enables unprecedented efficiency. It facilitates real direct supplier connections. This cuts out unnecessary layers. It ensures real-time reconciliation. Financial data aligns instantly. ERP-integrated authorization flows streamline approvals. No more manual bottlenecks.
Blockskye offers flagship products. BMAX is one key offering. B360 is another. These tools automate critical functions. Booking becomes effortless. Payments are simplified. Expense reporting integrates seamlessly. The entire process becomes digital. This automation saves immense time. It reduces human error.
Clients experience significant benefits. Corporate travel costs plummet. Users report a 14.5% reduction in expenses. This directly impacts bottom lines. Companies gain unprecedented control. They achieve financial clarity. This level of transparency was previously unattainable.
The recent funding round was led by Blockchange. This prominent investor recognizes Blockskye's potential. Other key participants joined the round. United Airlines Ventures showed strategic interest. Lightspeed Faction also invested. Lasagna, Litquidity Ventures, and Longbrook Ventures contributed. KSV Global and TFJ Capital rounded out the funding. This broad investor base underscores market demand.
Funds will fuel aggressive expansion. Blockskye plans to launch new payment products. These innovations will further streamline transactions. The company intends to penetrate more international markets. Global enterprises seek their solutions. Scaling their internal team is another priority. Technology experts are being recruited. Travel industry veterans are joining their ranks. This growth ensures sustained innovation. It supports expanding client needs.
Blockskye already serves major enterprise clients. PwC trusts their platform. Diageo relies on their solutions. TripAdvisor leverages their technology. These partnerships highlight the urgent need for modernization. Large corporations demand efficiency. They seek cost-effective travel management. Blockskye meets these demands.
Their infrastructure layer is revolutionary. It provides a robust backbone. Their consumer-grade user interface ensures ease of use. This combination makes complex processes simple. Employees find the platform intuitive. This encourages adoption. It maximizes the benefits for enterprises.
The company's mission is clear. It aims to modernize enterprise travel. It seeks to eliminate existing inefficiencies. Blockskye addresses core pain points. It provides directness and clarity. It replaces outdated, intermediary-heavy systems.
The vision extends beyond current offerings. Blockskye is building for the future. The platform delivers financial transparency. It brings corporate travel management into the digital age. This transformation is ongoing. It will reshape how businesses manage travel.
The strategic partnership with KAYAK for Business further strengthens Blockskye's position. It expands their reach. It integrates their cutting-edge technology with established platforms. This collaboration amplifies their impact. It provides greater value to corporate users.
The future of corporate travel looks different. It is digital. It is transparent. It is cost-efficient. Blockskye leads this transformation. Their technology provides trust. Their platform delivers simplicity. Their funding fuels growth. This innovative company is poised for continued success. They are redefining business travel.
Corporate travel faces a major overhaul. Outdated systems plague the industry. Inefficiency reigns supreme. Blockskye presents a powerful solution. This Boston-based innovator secured $15.8 million in new funding. This round pushes their total capital raised to $33 million. The investment signals strong confidence. It validates their disruptive approach to enterprise travel.
The corporate travel market is vast. It represents a $1.5 trillion industry. Yet, it struggles with archaic infrastructure. Intermediaries complicate processes. Trust and transparency are often lacking. Enterprises demand modern solutions. Blockskye delivers them.
Their core technology is blockchain. This robust foundation enables unprecedented efficiency. It facilitates real direct supplier connections. This cuts out unnecessary layers. It ensures real-time reconciliation. Financial data aligns instantly. ERP-integrated authorization flows streamline approvals. No more manual bottlenecks.
Blockskye offers flagship products. BMAX is one key offering. B360 is another. These tools automate critical functions. Booking becomes effortless. Payments are simplified. Expense reporting integrates seamlessly. The entire process becomes digital. This automation saves immense time. It reduces human error.
Clients experience significant benefits. Corporate travel costs plummet. Users report a 14.5% reduction in expenses. This directly impacts bottom lines. Companies gain unprecedented control. They achieve financial clarity. This level of transparency was previously unattainable.
The recent funding round was led by Blockchange. This prominent investor recognizes Blockskye's potential. Other key participants joined the round. United Airlines Ventures showed strategic interest. Lightspeed Faction also invested. Lasagna, Litquidity Ventures, and Longbrook Ventures contributed. KSV Global and TFJ Capital rounded out the funding. This broad investor base underscores market demand.
Funds will fuel aggressive expansion. Blockskye plans to launch new payment products. These innovations will further streamline transactions. The company intends to penetrate more international markets. Global enterprises seek their solutions. Scaling their internal team is another priority. Technology experts are being recruited. Travel industry veterans are joining their ranks. This growth ensures sustained innovation. It supports expanding client needs.
Blockskye already serves major enterprise clients. PwC trusts their platform. Diageo relies on their solutions. TripAdvisor leverages their technology. These partnerships highlight the urgent need for modernization. Large corporations demand efficiency. They seek cost-effective travel management. Blockskye meets these demands.
Their infrastructure layer is revolutionary. It provides a robust backbone. Their consumer-grade user interface ensures ease of use. This combination makes complex processes simple. Employees find the platform intuitive. This encourages adoption. It maximizes the benefits for enterprises.
The company's mission is clear. It aims to modernize enterprise travel. It seeks to eliminate existing inefficiencies. Blockskye addresses core pain points. It provides directness and clarity. It replaces outdated, intermediary-heavy systems.
The vision extends beyond current offerings. Blockskye is building for the future. The platform delivers financial transparency. It brings corporate travel management into the digital age. This transformation is ongoing. It will reshape how businesses manage travel.
The strategic partnership with KAYAK for Business further strengthens Blockskye's position. It expands their reach. It integrates their cutting-edge technology with established platforms. This collaboration amplifies their impact. It provides greater value to corporate users.
The future of corporate travel looks different. It is digital. It is transparent. It is cost-efficient. Blockskye leads this transformation. Their technology provides trust. Their platform delivers simplicity. Their funding fuels growth. This innovative company is poised for continued success. They are redefining business travel.