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Perk Raises $300M Debt Financing

Perk secures a $300 million credit facility from Neuberger Specialty Finance and others to accelerate AI product development and international expansion.

Ben Murray profile image
by Ben Murray
Perk Raises $300M Debt Financing

Perk Raises $300M Debt Financing

Perk, a company with dual headquarters in the United States and the United Kingdom, has secured a USD 300 million private credit facility to support its growth in the corporate travel and spend management software sector.

Investors

This funding round was led by Neuberger Specialty Finance, with additional participation from Blue Owl Capital, Hercules Capital, and Liquidity.

Perk Use of Funds

Perk intends to use the capital from the new credit facility to invest in product development, core technology, and AI capabilities. The funds will also support the company's international expansion and the upcoming US launch of its integrated spend platform, which aims to extend beyond its existing travel management capabilities.

About Perk

Perk is a financial technology company that operates in the corporate travel and spend management segment. The company provides a unified platform for employee expenditure, focusing on meeting the needs of clients through technology-led transformation and the integration of artificial intelligence into its product suite.

Funding Details

Company Website: https://perk.com

Company: Perk
Raised: $300M
Round: Debt Financing
Funding Date: June 2026
Lead Investor: Neuberger Specialty Finance
Additional Investors: Blue Owl Capital, Hercules Capital, Liquidity
Software Category: Fintech
Source: https://thepaypers.com/fintech/news/perk-raises-usd-300-million-credit-facility-for-ai-platform-growth

Ben Murray profile image
by Ben Murray

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