PORTFOLIO / BIZAWAY
Accelerating growth through international expansion, investment in innovative AI and data strategies, and selective M&A
Sales
€100m
Employees
>250
Investment date
September 2024
Status
The company
BizAway was founded in 2015 by Luca Carlucci (CEO) and Flavio Del Bianco (CTO) who have a shared passion for solving the frustrations of corporate travel. The company’s proprietary, user-friendly travel management software, combined with a 24/7 multilingual customer service centre, has allowed BizAway to deliver exceptional customer service at a low cost-to-serve. The company continues to deliver strong and sustainable growth and has contracted over 1,600 customers across more than ten countries.
The investment
BizAway’s combined software and service offering is well-positioned to transform the customer experience and disrupt the trillion-dollar global corporate travel market. Mayfair is backing management’s plan to rapidly scale across existing and new markets, whilst continuing to deliver product innovation and stellar customer service.
Our partnership
Mayfair is working closely with management across several areas including the implementation of new AI and data strategies, exploring potential M&A opportunities and accelerating international expansion.
“Mayfair has a strong track record of supporting travel and technology companies to achieve growth. Their team’s expertise in scaling innovative tech businesses across multiple markets makes Mayfair the perfect partner to help us execute our ambitious plan to transform the industry.”
Luca Carlucci, CEO BizAway