966 "We'll Process $1b in Corporate Travel Expenses Over Next 24 Months" Says RocketTrip CEO

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 17 March 2018

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dan Ruch is the Founder & CEO of Rocketrip, the leading tech platform for reducing corporate travel costs. Rocketrip motivates below policy spending by giving employees data-based trip budgets and letting them keep half of what they save. Venture-backed by Bessemer Venture Partners, Canaan Partners, Genacast Ventures, and Y Combinator, Rocketrip helps clients including GE, Edmunds, and Twitter create a positive culture around spend management.

Transcript

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0:00.0	This is the top entrepreneurs podcast where founders share how they started their companies and got
0:06.9	filthy rich or crash and burn. Each episode features revenue numbers, customer counts, and other
0:16.1	insider information that creates business news headlines. We went from a couple hundred thousand dollars to 2.7 million.
0:23.6	I had no money when I started the company.
0:25.6	It was $160 million, which is the size of any IPOs.
0:29.6	We're a bit strapped.
0:30.6	We have like 22,000 customers.
0:33.6	With over 5 million downloads in a very short amount of time,
0:38.6	major outlets like Inc are calling us the fastest growing business show on iTunes.
0:43.6	I'm your host, Nathan Latka, and here's today's episode.
0:48.6	Hello, everyone.
0:49.4	My guest today is Dan Roo.
0:51.2	She's the founder and CEO of Rocket Trip,
0:53.4	the leading tech platform for
0:54.6	reducing corporate travel costs. The company motivates below policy spending by giving employee
1:00.1	database trip budgets and letting them keep half of what they save. The venture backed by
1:04.4	Bessemer, Canaan, Gannockast, and Y Combinator. They're helping clients like GE Edmonds and Twitter
1:09.8	create a positive culture around spend management.
1:12.7	Dan, are you ready to take us to the top?
1:14.7	I am. Thanks for happening.
1:15.8	So this is tough, right?
1:17.1	Somebody has an expense account and they're going,
	...

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