# TravelBank funding: rounds and investors

> TravelBank has raised $35M across 2 rounds since 2016. Investors include New Enterprise Associates, Accel and SVB Capital. Every round with its source.

Source: https://millionrounds.com/company/travelbank (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *TravelBank*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$35M** raised across 2 rounds since 2016, from 2 sources

**$10M** Series A **$25M** Series B

- **Latest round:** Series B, $25M Aug 2017
- **Step-up i:** 2.5×
- **Investors:** 5 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017

**$10M** Series A

**$25M** Series B

- **First round:** Series A, $10M
- **Biggest round:** $25M
- **Between rounds:** 10 months

## The rounds

- **Aug 2017** Series B **$25M** *4 new* *1 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Accel](https://millionrounds.com/fund/accel) [SVB Capital](https://millionrounds.com/fund/svb-capital) [DHVC](https://millionrounds.com/fund/dhvc) DCM Ventures/ Propel Reported by FinSMEs
- **Oct 2016** Series A **$10M** *1 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Lead Reported by TechCrunch

## Founders and team

From TravelBank's own website: 1 founder, 5 on the team.

**Duke Chung** Co-Founder And CEO

- **Daniel Duffy** Chief Revenue Officer
- **Jason Cruz** Chief Technology Officer
- **Lloyd Hsieh** Chief Financial Officer
- **Connor Lawrence** Head Of Partnerships
- **Iris Yen** Head Of Business Operations

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2016 **Series B** 2017 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) L [Accel](https://millionrounds.com/fund/accel) [SVB Capital](https://millionrounds.com/fund/svb-capital) [DHVC](https://millionrounds.com/fund/dhvc) DCM Ventures/ Propel

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds, led 1

[Accel](https://millionrounds.com/fund/accel) VC firm **1** round

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[DHVC](https://millionrounds.com/fund/dhvc) VC firm **1** round

DCM Ventures/ Propel no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=travelbank).

## Also claim to have backed them

These 4 firms list TravelBank as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Propel Venture Partners](https://millionrounds.com/fund/propel-venture-partners) VC firm Per its own site

[Dreamers VC](https://millionrounds.com/fund/dreamers-vc) VC firm Per its own site

[Akatsuki](https://millionrounds.com/fund/akatsuki) VC firm Per its own site

[Cal Simmons](https://millionrounds.com/fund/cal-simmons) Angel 2019, per its site

## Quick answers about TravelBank

### Who invested in TravelBank?

TravelBank's investors include New Enterprise Associates, Accel, SVB Capital, DHVC and DCM Ventures/ Propel.

### How much has TravelBank raised?

TravelBank has raised $35M across 2 rounds since 2016.

### When did TravelBank last raise?

TravelBank's most recent round was a Series B of $25M in Aug 2017.

### What was TravelBank's biggest round?

Its most recent round, $25M in Aug 2017, is also its largest on record.

### Who backed TravelBank first?

TravelBank's first round on record, in Oct 2016, was backed by New Enterprise Associates.

### What stage is TravelBank at?

TravelBank's latest named round is a Series B, in Aug 2017.

### Where is TravelBank based?

TravelBank is based in the United States.

### Who led TravelBank's rounds?

New Enterprise Associates led the Series A in 2016.

## Companies like TravelBank

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

## Find investors like these

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