The traveltech company Consultia Business Travel, the Spanish firm specialized in comprehensive business travel management, has just closed a new funding round with the support of AZ Capital, the firm in charge of advising the company on finding the best strategic partner. The capital has been provided entirely by Orilla Asset Management, the investment vehicle of Francisco Riberas and his immediate family.
This capital injection will enable Consultia Business Travel to continue evolving its technology, significantly expand its national presence, and prepare its international strategy, consolidating its position as a benchmark in the Business Travel sector.
The funding round has been completed after a year of solid growth for the company. Specifically, in 2024 the company achieved a 20% increase in turnover and an 80% increase in EBITDA compared to the previous year.
This growth has been driven by the expansion of Destinux, its cutting-edge technological solution specifically designed for the business travel sector, which offers a comprehensive service that simplifies and greatly enhances the efficiency of corporate travel management, without losing the human touch. Destinux recently became the first SaaS in the sector to obtain ISO 27001 certification.
Additionally, Consultia provides services in the corporate events segment, which also strengthened in 2024, doubling the turnover of its MICE division thanks to its compelling value proposition and the recent surge in demand.
The aim of Orilla AM, as with any of its investments, is to create long-term value, based on sound economic and governance principles, by supporting growth projects and always backing innovation, talent, and good business practices. In this regard, Orilla AM is an ideal long-term partner for Consultia Business Travel.
According to Juan Manuel Baixauli, founder and CEO of Consultia Business Travel, “this capital injection will allow us to continue with the philosophy that the company has had since its inception: to bet on innovation as the foundation to both improve our company and make our clients’ lives simpler and easier, strengthening what is currently the best technological solution for Business Travel management, Destinux, which is already used by more than 800 companies worldwide. The entry of Orilla Asset Management will allow us to consolidate our presence in existing markets while increasing our national footprint and advancing our international strategic vision.”
Ignacio González, Managing Director of Consultia Business Travel and new member of the company’s Board of Directors, added, “this funding will help us continue to evolve Destinux within the sector, as corporations today prioritize efficiency in the management of business travel. A digitally humanized solution like ours is key to providing differentiated value in the market.”
About Consultia Business Travel
Consultia Business Travel® is a Spanish company specialized in comprehensive business travel management (Travel Management Company). Thanks to Destinux®, its differentiated global solution based on cloud software and personalized advisory services (Personal Travel Assistant), it offers an all-in-one solution for managing corporate travel. Furthermore, Destinux is the first SaaS in the Business Travel sector to achieve ISO 27001 certification, demonstrating its commitment to the highest standards of security in personal data protection.
Founded in 2010 with entirely Spanish capital, the company currently has offices in Spain and Portugal and a presence in 14 countries. Consultia has integrated into its powerful management system nearly 3 million hotels, 600,000 apartments, over 600 airlines, around 30 global car rental companies, private transfers in more than 160 countries, trains, ferries, taxis, and ride-hailing services in over 90 countries—enabling unmatched online connectivity and efficiency that stand out in the corporate travel market
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