Two McKinsey consultants got tired of chasing receipts across 200 nights a year on the road. So they built the software they wished existed - and pointed it straight at SAP Concur.
Corporate travel is one of those problems everyone agrees is annoying and almost nobody agrees to fix.
Here is the thing about business travel software: it is supposed to save you money, and the way it usually does that is by making the trip so unpleasant to book, and the expense report so tedious to file, that you eventually just stop traveling. This is a solution, technically. It is not a good one. ITILITE's founders, Anish Khadiya and Mayank Kukreja, met at McKinsey & Co., where the job description quietly includes something like 200 nights a year in hotels. They lived the annoyance at industrial scale, and in 2017 they did the thing that consultants are trained to do - they looked at a broken process and asked why it had so many moving parts that hated each other.
The answer, roughly, was that booking a trip, expensing a trip, and paying for a trip had grown up as three separate products that behaved like estranged siblings at a wedding. You booked on one system, uploaded receipts to a second, reconciled a corporate card on a third, and then a finance person spent a week gluing it all together. ITILITE's whole bet is that these three things are actually one thing, and that if you build them as one thing, the finance person gets their week back.
So ITILITE is a single platform: travel booking across 300+ airlines, 2.5 million-plus hotels and 25+ car-rental providers; expense management with receipt scanning and automated audits; and a corporate card that hands the paperwork back to the software instead of to you. When a traveler pays with the card, the charge tags itself to the right budget and GL code and lands in the ERP. Nobody types it. Nobody chases it.
What is genuinely a little unusual - and the kind of detail that tells you where a company's head is - is the pricing. Most enterprise SaaS charges per seat, which quietly incentivizes the vendor to want more of your employees logged in whether or not they travel. ITILITE charges roughly $10 per trip. You pay when someone actually goes somewhere. It is a small choice that changes the entire relationship: the vendor only wins when travel happens, not when headcount grows.
The roadmap reads like a company that solved the next problem instead of the flashiest one - booking, then expenses, then cards, then analytics, then AI. Each step earned the right to the next.
Self-service booking across 300+ airlines, 2.5M+ hotels and 25+ car rentals, with policy enforced at the moment of booking - not after the money is spent.
OCR receipt capture, auto-categorization, and automated audits that flag duplicates, weekend charges and out-of-policy spend before a human ever sees them.
Travel-focused cards with 1.5%-2.5% cashback and real-time controls. Charges self-tag to the right GL code and flow to your ERP.
Customizable dashboards and enterprise-grade spend analytics for finance and travel managers who want the whole picture in one place.
A ChatGPT-style assistant. Ask a plain-English question about travel spend, compliance or savings and get back text, charts, or a ready-to-use report.
A ~30-second response SLA, 24/7/365. When a weather cancellation hits at an airport, a person picks up - the part of travel software you feel, not the part on a slide.
ITILITE has raised about $47.2M, with the big moment a $29M Series C in April 2022 led by Tiger Global to automate the least glamorous part of business travel: the paperwork after the trip.
| Round | Amount | Year | Lead investors |
|---|---|---|---|
| Seed | Initial | 2017 | Angel investors |
| Series A | $4.58M | 2018 | V1.VC, Vy Capital |
| Series B | $13M | 2020 | Greenoaks, Vy Capital |
| Series C | $29M | 2022 | Tiger Global, Dharana |
Figures are approximate cumulative totals compiled from public reporting.
Anish Khadiya and Mayank Kukreja, former McKinsey consultants, start ITILITE to fix corporate travel from the inside out.
V1.VC and Vy Capital back the young travel-booking platform.
Greenoaks Capital and Vy Capital lead; ITILITE expands into expense management.
Tiger Global leads a round to automate corporate expensing workflows and scale internationally.
An analytics console brings enterprise-grade spend reporting into the platform.
Managers can now query travel and expense data in plain English and get answers back as charts or reports.
ITILITE targets mid-market and enterprise companies with roughly 200 to 10,000 employees - technology, financial services, healthcare, manufacturing, construction and professional services. Named customers include Puma, Jockey, Sodecia and Automation Anywhere.
It's the quiet tell of the business: the companies most obsessed with their own brand are happy to trust an unglamorous vendor to run their travel, because the vendor's whole job is to not be noticed.
Rated among G2's Top 50 products for Finance globally.
More than 500 five-star reviews on G2, plus coverage on Gartner Peer Insights.
An unusually high score for a category users usually rate between "dentist" and "DMV."
$47.2M raised across four rounds, including a $29M Series C.
See the platform in action and hear from the founders about building travel software people actually like.
It's a SaaS platform that combines corporate travel booking, expense management, and corporate cards into one system for mid-market and enterprise companies.
It was founded in 2017 by Anish Khadiya and Mayank Kukreja, both former McKinsey & Co. consultants.
About $47.2M across four rounds, including a $29M Series C in 2022 led by Tiger Global Management.
ITILITE positions itself as a modern, unified alternative - per-trip pricing, fast human support, a cashback corporate card, and AI analytics - rather than a legacy per-seat expense tool.
Iris is ITILITE's AI Travel Analyst, launched in 2025, that answers natural-language questions about travel spend, policy compliance and savings.