Rocketrip

Rocketrip is a New York City-based corporate travel savings and employee loyalty platform. Its software combines real-time travel prices, company travel policy and a suite of patented algorithms to predict what a given business trip should cost and to set a customized budget, referred to as a "Price to Beat." Employees who book below that target — for example by booking further in advance, choosing a cheaper hotel, bundling a travel deal, using Airbnb or staying with friends — keep a portion of the savings as rewards, while the employer retains the remainder of the reduction in travel spend.

The platform provides reporting for travel managers and is designed to integrate into a company's existing corporate travel and expense technology stack. Rocketrip also distributes a Chrome browser extension that lets travelers generate a Price to Beat directly inside their company's booking site and reach customer support from any page; the extension reports roughly 10,000 users and a 2.8-star average rating from 25 reviews, and was last updated in May 2025. As of its Series C, the company was also working with travel management company (TMC) partners on new solutions for managed travel programs.

Founding story

Rocketrip was founded in 2013 by Daniel (Dan) Ruch, who served as CEO, and Gillian Tee, who led product and technology. The two were introduced by Gil Beyda of Genacast Ventures and Owen Davis of NYCSeed, with whom Tee had previously worked screening deals while completing her MBA. The founders drew inspiration from the way Google rewarded its own employees for spending less on work travel and set out to build a version other companies could adopt.

Business model

Rocketrip sells its budgeting and rewards software to employers seeking to reduce corporate travel spend; the savings employees generate against a predicted trip cost are shared between the employee, who receives rewards, and the company, which retains the balance.

Revenue is derived from selling the savings-and-rewards platform to corporate travel programs, with employee rewards funded out of the travel savings the platform generates.

Traction

By the time of the 2018 Series C the company counted Pandora, Feld Entertainment and Twitter among its clients and had raised $32 million in total. Y Combinator lists a team size of 68, and the company's Chrome extension reports about 10,000 users.

Latest developments

The rocketrip.com domain now presents Tabhi, described as an AI-driven global travel marketplace formed from the merger and integration of 25 travel companies and organized around three platforms — Mondee for business travel, Miraee for employee travel and Abhee for hyperlocal experiences — led by founder, group chairman and CEO Prasad Gundumogula and citing Morgan Stanley and TCW Group as institutional backers.