A business-travel-booking startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow 

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Shep

Shep helps companies manage, understand, & guide business travel on consumer travel sites like Expedia and Southwest. With a low-friction browser extension, Shep guides employees on in-policy travel results and provides alerts and real-time reporting to travel managers.
Shep helps companies of all sizes manage, understand, and guide business travel spend on consumer travel sites like Expedia, Southwest and more. With a low-friction browser extension, Shep guides employees on which air and hotel results are compliant with their travel policy, collects out-of-policy exception reasons, and sends alerts and booking data to travel managers and TMCs, eliminating their open booking blind spot.
 
Shep eliminates the natural tension that exists between a company's need for control and employees' desire for freedom by allowing traveler autonomy and real-time manager/TMC visibility and reporting.

What's Innovative About Their Solution?

Shep turns the traditional model of building a flight/hotel content site and limiting inventory on its head by allowing complete platform freedom for business travelers. Through open booking, employees can book on sites like Expedia, AirBnB and SouthWest, while being guided on travel policy compliance at the time of booking.
 
The Travel Manager, TMC, CFO, or HR Professional is able to guide employee booking behavior on consumer travel sites; have immediate visibility into spending as it happens, allowing them to correct vs. punish bad bookings; and access dynamic reporting that can identify opportunities for savings.
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📍 Location

Austin, TX

⚙️ Product Stage

First Full Release

🏭 Industries

B2B, Software Enterprise, Travel

🤑 Fundraising Status

Actively raising

💸 Total Funding
To Date

>$1.5MM

🙌 Founder Demographics

 Minority founder

Big Wins

In the past 18 months, Shep became one of the most awarded travel tech startups in the country, including Business Travel News - 2017 Corporate Travel Innovator You Should Know, Skift - 2018 Corporate Travel Innovator, Business Travel News - 2018 Innovate Competition (Honorable Mention), Phocuswright - Hot 25 Travel Startups 2019 as well as Plug and Play Travel - 2018 Winter Summit Startup Winner. 
 
In 2018, Shep announced a partnership with Flight Centre Travel Group, the largest travel management company in Australia. Flight Centre is currently Shep’s first pilot user. Shep has graduated from 3 accelerators including MassChallenge, Plug and Play Travel & Hospitality, and Capital Factory. 

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Contact the Founder:

Daniel Senyard

layne@sheptravel.com

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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
 
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