Juno, a new booking and expense tool for corporate guest
travel, has raised $2 million in seed funding. The round was co-led by Bungalow
Capital and Steve Singh, venture capitalist, founder of Concur and current managing
director at Madrona Venture Group.
Devon Tivona and Sam Felsenthal, Juno's co-founders and co-CEOs, previously founded Pana, the guest travel platform
that was acquired by expense management service Coupa in 2021.
In a blog post, Tivona noted that guest travel can account for up to 20% of companies' travel spend, but it is often fragmented in separate systems such as spreadsheets and emails. Juno offers a solution for corporate guest travel—trips taken by job candidates, contractors, speakers, etc.—handling each step of the process from booking to reimbursements to support.
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“What makes Juno different is our focus on the entire guest journey—not just booking, but the complete experience from invitation to return. We're combining smart technology with high-touch service to eliminate the friction points that plague traditional guest travel management,” Tivona wrote in a LinkedIn post.
“From
final-round interviews to traveling doctors to guest speakers for events,
guests carry strategic weight and are often some of a company's most important
travelers. These trips, as our investor, Steve Singh … likes to say, are ‘a brand moment’: welcoming your guests
with a seamless, stress-free experience shows that you care about their
experience with your company.”
In addition to funding, Juno announced its first travel
management company partnership with Altour “to provide travel services and
fulfillment through the platform,” Tivona said in the blog post.
Juno is launching in June, with Tivona noting its first customers
include “several Fortune 500 companies.”
The startup is Singh’s latest investment in the business travel
space. In August 2024, he invested
in Otto, a startup developing an intelligent agent for business travelers. In April 2024, he and his fellow investors Durable Capital Partners and Madrona acquired Direct Travel, a corporate travel management specialist.
Singh is currently executive chairman and interim CEO of Spotnana and the executive chairman of
several companies including Direct Travel, Center and Troop.